Home breadcru News breadcru Company breadcru Hot Topic reports Oct comp store sales down 7.2%

Hot Topic reports Oct comp store sales down 7.2%

02 Nov '06
1 min read

Hot Topic Inc announced the following sales results for its fiscal month of October and third quarter (four weeks, and thirteen weeks, respectively, ended October 28, 2006).

The company reiterated its third quarter (ended October 28, 2006) earnings guidance of $0.16 per diluted share.

The company also announced that given recent sales trends, it now estimates fourth quarter (ending February 3, 2007) earnings in the range of $0.33 to $0.44 per diluted share based upon assumed comp sales in the range of flat to a mid-single digit decline.

For more detailed information relating to the above matters, please call 626-709-1209 to listen to a recorded commentary. Additionally, a conference call to discuss third quarter results, business trends, guidance and other matters is scheduled for November 15, 2006 at 4:30 PM (ET).

The conference call number is 800-561-2601, pass code "Hot Topic", and will be accessible to all interested parties. It will also be webcast at company website.

Hot Topic Inc

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