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Hot Topic Inc reports flat sales in Nov
01 Dec '05
1 min read
California based Hot Topic Inc announced the following sales results for its fiscal month of November.
Betsy McLaughlin, Chief Executive Officer, said, "Their flat sales performance in November is a result of a later Halloween as well as increased promotional activity versus a year ago.
Their true trend is consistent with their most recent comparable store sales guidance."
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 November 30, 2005 the Company operated 661 Hot Topic stores in all 50 states and Puerto Rico, 121 Torrid stores, and Internet stores www.hottopic.com and www.torrid.com
Betsy McLaughlin, Chief Executive Officer, said, "Their flat sales performance in November is a result of a later Halloween as well as increased promotional activity versus a year ago.
Their true trend is consistent with their most recent comparable store sales guidance."
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 November 30, 2005 the Company operated 661 Hot Topic stores in all 50 states and Puerto Rico, 121 Torrid stores, and Internet stores www.hottopic.com and www.torrid.com
Hot Topic Inc
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