Hot Topic (HOTT) Guides Lower; Comps Down 7.9%
Tweet
Share
E-mailGet Alerts HOTT Hot Sheet
Price: $14.00 --0%
Financial Fact:
Interest income, net: -5K
Today's EPS Names:
HFBL, PBHC, PBNK, More
Financial Fact:
Interest income, net: -5K
Today's EPS Names:
HFBL, PBHC, PBNK, More
Join SI Premium – FREE
Hot Topic, Inc. (Nasdaq: HOTT) said June Comparable Store Sales fell 7.9%. Net sales fell 5.8% to $59.5 milion in June.
The company 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 (ending August 1, 2009) 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. The consensus is a loss of $0.05.
The company 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 (ending August 1, 2009) 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. The consensus is a loss of $0.05.
You May Also Be Interested In
- inTEST Corp (INTT) reported Q2 Revenue ; Offers Guidance
- AptarGroup (ATR) Tops Q2 EPS by 6c; Offers Guidance
- Eversource Energy (ES) Misses Q2 EPS by 7c; offers guidance
Create E-mail Alert Related Categories
Guidance, Retail SalesSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
