HOTT Hot Topic Inc. featured news, full reports, and detailed charts
Hot Topic Inc. (HOTT) Wrap Up:
Hot Topic, Inc., together with its subsidiaries, operates as a mall- and Web-based specialty retailer in the United States. The company operates Hot Topic and Torrid store concepts, as well as an e-space music discovery concept, ShockHound. Its Hot Topic stores sell music/pop culture-licensed merchandise, including tee shirts, hats, posters, stickers, patches, postcards, books, novelty accessories, CDs, and DVDs; and music/pop culture-influenced merchandise comprising women?s and men?s apparel and accessories, such as woven and knit tops, skirts, pants, shorts, jackets, shoes, costume jewelry, body jewelry, sunglasses, cosmetics, leather accessories, and gift items. The company?s Torrid stores offer casual and dressy offerings, which include jeans, fashion tops, sweaters, pants, jackets and dresses, hosiery, shoes, intimate apparel, and fashion accessories for plus-size young women. The company?s ShickHound, a music Website that facilitates people of various ages to purchase MP3s and music merchandise, share their music interests, read the latest music news, and enjoy editorial content about their favorite artists. As of January 31, 2009, it operated 681 Hot Topic stores in the United States and Puerto Rico, and 159 Torrid stores in 36 states. The company also sells merchandise on its Web sites, hottopic.com and torrid.com. Hot Topic, Inc. was founded in 1988 and is headquartered in City of Industry, California.Hot Topic Inc. (HOTT:NASDAQ)
Snapshot of Hot Topic Inc. (HOTT)
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OPEN
$5.75
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PREVIOUS CLOSE
$5.80
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DAY HIGH
$5.94
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DAY LOW
$5.74
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52 WEEK HIGH
04/22/09 - $13.87
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52 WEEK LOW
11/21/08 - $5.09
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MARKET CAP
261.3M
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AVERAGE VOLUME 3 mo
1.8M
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DILUTED EPS TTM
$0.41
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SHARES OUTSTANDING
44.3M
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HOTT Does Not Pay Dividends
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P/E TTM
14.5x
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| K = Thousands M = Millions B = Billions | ||
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Key developments for Hot Topic Inc. (HOTT)
Hot Topic Inc. reported sales results for the month, quarter and year to date ended October 31, 2009. For the month, the company reported total sales of $63.6 million, a decrease of 1.8% compared to prior year period. The company reported comparable store sales down 2.6% compared to 8.3% of last year. For the quarter, the company reported total sales of $189.6 million, a decrease of 3.9% compared to prior year period. The company reported comparable store sales down 5.0% compared to 1.0% of last year. For the year to date, the company reported total sales of $522.5 million, an decrease of 0.1% compared to prior year period. The company reported comparable store sales down 2.2% compared to down of 0.8% of last year. The company expects its third quarter earnings to be at the high end of its previous guidance of $0.11 to $0.13 per diluted share. Amy Kocourek has joined the company as Chief Merchandising Officer of the Hot Topic division. Amy will oversee all elements of Hot Topic merchandising including buying, planning and allocation, marketing, store design, visual and hottopic.com. Amy has over 19 years of experience in fashion retail, most recently as Vice President, General Merchandise Manager, Women’s Apparel and Accessories for American Eagle Outfitters.
Hot Topic Inc. reported sales results for the month, quarter and year to date ended October 3, 2009. For the month, the company reported total sales of $59.3 million, a decrease of 2.5% compared to prior year period. The company reported comparable store sales down 4.0% compared to 1.8% of last year. For the quarter to date, the company reported total sales of $125.9 million, a decrease of 5.0% compared to prior year period. The company reported comparable store sales down 6.3% compared to 2.3% of last year. For the year to date, the company reported total sales of $458.9 million, an increase of 0.1% compared to prior year period. The company reported comparable store sales down 2.1% compared to 2.0% of last year.
Hot Topic Inc. reported sales results for the month, and year to date ended August 29, 2009. For the month, the company reported total sales of $66.6 million, a decrease of 7.0% compared to prior year period. The company reported comparable store sales down 8.1% compared to 2.7% of last year. For the year to date, the company reported total sales of $399.5 million, a increase of 0.5% compared to prior year period. The company reported comparable store sales down 1.8% compared to 2.0% of last year.
HOTT Competitors
| Company | Last | Change |
| Christopher and Banks Corp | $6.12 USD | -0.10 |
| New York & Co Inc | $4.41 USD | -0.04 |
| Shoe Carnival Inc | $17.39 USD | +0.40 |
| Tween Brands Inc | $10.19 USD | +0.53 |
| Wet Seal Inc | $3.02 USD | -0.28 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | HOTT | Industry Range |
| Price/Earnings | 13.2x |
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| Price/Sales | 0.3x |
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| Price/Book | 1.0x |
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| Price/Cash Flow | 13.3x |
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| TEV/Sales | 0.2x |
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HOTT |
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HOTT transactions
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| No transactions in the last 6 months. | ||
More Recent News About Hot Topic Inc.
More news for HOTT
Apparel store sales comparisons for October
Copyright © 2009 Yahoo! All rights reserved. Privacy Policy - Terms of Service - Copyright Policy - Report Problems Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quote data delayed 15 minutes for Nasdaq, NYSE and Amex. Real-Time continuous streaming quotes are available through our premium service. You may turn streaming quotes on or off. All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Yahoo! is not an investment adviser and does not provide, endorse or review any information or data contained herein....Click here to read the whole Article (external link)
Teen Unemployment: Will Work for Jeans and T-Shirts
Shares of teen apparel retailers are getting hit particularly hard Thursday in the wake of October same-store sales results. American Eagle Outfitters [AEO Loading...   ()  ] and Aeropostale ...Click here to read the whole Article (external link)
October results at 30 major retailers
Copyright © 2009 Yahoo! All rights reserved. Privacy Policy - Terms of Service - Copyright Policy - Report Problems Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quote data delayed 15 minutes for Nasdaq, NYSE and Amex. Real-Time continuous streaming quotes are available through our premium service. You may turn streaming quotes on or off. All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Yahoo! is not an investment adviser and does not provide, endorse or review any information or data contained herein....Click here to read the whole Article (external link)
Ann Taylor A Little Too Pricey
The retail space definitely scares me right now. While the stock market has rebounded nicely off its lows, the average person continues to face headwinds and remains unwilling to spend anywhere near what they were wiling to a few years back particularly on apparel. In addition, the competition for shoppers is fierce and cost cutting has become commonplace among chains big and small. With that in mind today I would like to touch on Ann Taylor (NYSE:ANN) ahead of its third quarter earnings release, which is due out later this week. The Broad Brush ViewI'm not overly excited about the near-term prospects for many retailers in general, and these concerns extend to Ann Taylor. In short, while women tend to like its merchandise, more and more women, even those on the higher end of the income chain, seem to be motivated by or focused intensely on price. In my mind, this may make the earnings results over the next few quarters a bit bumpy. The Nitty GrittyIt is also hard for me to get excited about the very near-term earnings outlook for the company. Analysts expect the company to lose 23 cents this year and to earn 34 cents next year. The investment community would be happy to see the company generate a profit next year, but the simple fact is that as a person who places a large amount of emphasis on earnings, I find it hard to get excited by the meager bottom line that is expected, particularly since the stock is trading above $13. And while the optimists will argue that the company has exceeded expectations over the last two quarters, that doesn't overly intrigue me. In fact, I would like to see several more quarters of it beating expectations before I'll be willing to chan...Click here to read the whole Article (external link)
Retail Winners: AnnTaylor, PacSun Surge
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