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Hot Topic posts slightly lower net profit

Tue Nov 20, 2007 4:06pm EST

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LOS ANGELES, Nov 20 (Reuters) - U.S. mall-based specialty retailer Hot Topic (HOTT.O) said on Tuesday that quarterly net profit fell slightly, as the Goth-inspired chain was hurt by falling sales.

Third-quarter net profit was $6.7 million, or 15 cents per share, compared with $7.1 million, or 16 cents per share a year earlier. (Reporting by Alexandra Sage, editing by Leslie Gevirtz)



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