Key Developments For Hot Topic, Inc
Hot Topic, Inc (HOTT.O) (Nasdaq)
Hot Topic, Inc. Issues Q4 2009 EPS Outlook Below Analysts' Estimates; Comments On Q4 2009 Comparable Store Sales Outlook
Hot Topic, Inc. announced that for the fourth quarter of 2009, it expects earnings in the range of $0.23 to $0.26 per diluted share based upon a high-single-digit decline in comparable store sales. According to Reuters Estimates, analysts on an average were expecting the Company to report earnings per share (EPS) of $0.30 for the same period.
Hot Topic, Inc. Sees Q3 2010 Earnings At Higher End Of Prior Guidance
Hot Topic, Inc. announced that it expects its third quarter 2010 earnings to be at the high end of its previous guidance of $0.11 to $0.13 per diluted share. According to Reuters Estimates, analysts were expecting the Company to report earnings of $0.12 for the same period.
Hot Topic, Inc. Issues Q3 2009 EPS Guidance Below Analysts' Estimates; Comments On Comparable Store Sales Guidance
Hot Topic, Inc. announced that for third quarter of 2009, it expects earnings in the range of $0.11 to $0.13 per diluted share (EPS) based upon a mid-single-digit decline in comparable store sales. Included in the guidance is expense related to ShockHound, the Company's online music site, of approximately $0.02 per share. According to Reuters Estimates, analysts on an average were expecting the Company to report loss per share of $0.15 for the same period.
Hot Topic, Inc. Lowers Q2 2009 Earnings Guidance; Lowers Q2 2009 Comparable Stores Sales Guidance
Hot Topic, Inc. announced that as a result of the lower than expected sales performance quarter-to-date, it now estimates a net loss for the second quarter of 2009 to be in the range of $0.07 to $0.09 per share. The revised guidance reflects a comparable store sales decline in the high-single-digit range for the quarter. According to Reuters Estimates, analysts on an average were expecting the Company to report loss per share of $0.05 for the same period.
Hot Topic, Inc. Issues Q2 2009 EPS Guidance; Comments On Q2 2009 Comparative Sales Outlook
Hot Topic, Inc. announced that for the second quarter of 2009, it expects a loss per share in the range of $0.04 to $0.06. This guidance is based upon a comp sales decline in the mid-single-digit percentage range. Included in the guidance is approximately $0.02 per share of expense related to ShockHound.
