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Hot Topic declares April same store sales drop 6.5%

04
May '06
Hot Topic Inc announced the following sales results for its fiscal month of April (four weeks ended April 29, 2006).

The company reiterated its previously issued first quarter earnings guidance of a loss in the range of $0.01 to $0.04 per diluted share.

For more detailed information on April sales results, please call 626-709-1209 to listen to a recorded commentary. Additionally, a conference call to discuss first quarter results, business trends, guidance and other matters is scheduled for May 17, 2006 at 4:30 PM (ET).

The conference call number is 800-659-1942, pass code "Hot Topic", and will be accessible to all interested parties. It will also be webcast at www.companyboardroom.com. A replay will be available at 888-286-8010, pass code 76186881, for approximately two weeks.

Hot Topic Inc is a national mall-based specialty retailer. Hot Topic offers apparel, accessories and gifts to young men and women principally between the ages of 12 and 22.

Torrid, the company's second concept, provides plus-size fashion-forward apparel and accessories that target young women principally between the ages of 15 and 29.

As of April 29, 2006 the company operated 671 Hot Topic stores in all 50 states and Puerto Rico, 123 Torrid stores, and Internet stores www.hottopic.com and www.torrid.com.

Hot Topic Inc


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