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Hot Topic raises guidance for fourth quarter
03 Feb '12
1 min read
Hot Topic Inc announced the sales results for its fourth fiscal quarter (thirteen weeks ended January 28, 2012).
The company raised its fourth quarter earnings guidance to the range of $0.19 to $0.20 per diluted share from the previous guidance of $0.17 to $0.19 per diluted share. This compares to earnings per share of $0.12 last year which excluded expenses of $0.13 per share for the implementation of the cost reduction plan.
Hot Topic, Inc. is a mall and web based specialty retailer operating the Hot Topic and Torrid concepts. Hot Topic offers music/pop culture-licensed and music/pop culture-influenced apparel, accessories, music and gift items for young men and women. Torrid offers apparel, lingerie, shoes and accessories designed for various lifestyles for young plus-size women.
The company raised its fourth quarter earnings guidance to the range of $0.19 to $0.20 per diluted share from the previous guidance of $0.17 to $0.19 per diluted share. This compares to earnings per share of $0.12 last year which excluded expenses of $0.13 per share for the implementation of the cost reduction plan.
Hot Topic, Inc. is a mall and web based specialty retailer operating the Hot Topic and Torrid concepts. Hot Topic offers music/pop culture-licensed and music/pop culture-influenced apparel, accessories, music and gift items for young men and women. Torrid offers apparel, lingerie, shoes and accessories designed for various lifestyles for young plus-size women.
Hot Topic Inc
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