Hot Topic (HOTT) Holiday Comps Up 1.2%; Tightens Q4 EPS Outlook
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Price: $14.00 --0%
Financial Fact:
Benefit for income taxes: 2.05M
Today's EPS Names:
VIVE, ENSV, MDLM, More
Financial Fact:
Benefit for income taxes: 2.05M
Today's EPS Names:
VIVE, ENSV, MDLM, More
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Hot Topic, Inc. (Nasdaq: HOTT) reports total sales for the month of November/December were $170.5 million, down 1.5 percent from the same period last year. Same-store sales rose 1.2 percent.
The company updated guidance for the fourth quarter, announcing earnings of $0.17 to $0.19 per diluted share from the previously announced $0.16 to $0.20 per 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.
The Street sees EPS of $0.17.
The company updated guidance for the fourth quarter, announcing earnings of $0.17 to $0.19 per diluted share from the previously announced $0.16 to $0.20 per 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.
The Street sees EPS of $0.17.
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