top shadow
BODY



































Trade Readers:
I am a STORE BUYER or OWNER
I am a Manufacturer’s Rep
I am a Distributor
I am a Textile Supplier
I am a Banker or Factor
I am an OEM Producer
I want to receive more info from this company about its products
I want to receive a catalog from this company
I want to learn more about carrying this brand in my store; have them contact me
I would like to become a manufacturer’s representative for this company; have them contact me
I want to comment on this brand
I am a store owner/buyer who would recommend this brand to other stores

Consumer Readers:
I am a CONSUMER
I am a consumer who wants to purchase garments from this company; have someone contact me
I am a consumer who wants to know how/where to purchase this product

I am a consumer who would like a consumer catalog, if you provide one
I am a consumer who would recommend this brand












current news

Hot Topic 3q Profit Rises, Sales Fall


(Filed Under Financial and General Interest News). Specialty retail chain Hot Topic Inc. reported a dramatic rise in third-quarter profit compared to the same quarter in 2010, due to the company’s year-ago decision to book a non-cash charge related to the dropping value of its ShockHound music and merchandise website.

Hot Topic reported a net income of $3.1 million, or 7 cents a share, compared with a net income of $400,000, or 1 cent a share, in the third quarter of 2010. Disappointing sales of Halloween merchandise led to a 1.6 percent drop in sales in Hot Topic and Torrid stores open at least one year. Revenue dropped 4 percent to $175.8 million from $183.2 million in the prior year’s period.

The company also announced that C.E.O. Lisa Harper was appointed chairman of its board of directors. In connection, Matthew Drapkin was appointed lead director to act as liaison between Harper and the company’s independent directors. Former chairman Bruce Quinnell will continue to serve as chairman of Hot Topic’s audit committee.

Hot Topic, Inc. currently operates 634 Hot Topic stores and 146 Torrid stores in the U.S., Puerto Rico and Canada as well as e-commerce sites HotTopic.com and Torrid.com.


more Financial and General Interest News >>

Published 11-22-2011 by Katherine Rautenberg

Related Articles

Joan Jett Sues Hot Topic Over Blackheart Label
Hot Topic 3q Profit Rises, Sales Fall
Hot Topic Reports 2q Net Loss
Hot Topic Reports 1q Loss
Hot Topic Discontinues ShockHound
Hot Topic CEO McLaughlin Resigns
Chris Daniel Resigns From Hot Topic
Hot Topic Rolls Out Harry Potter Concept
Hot Topic’s 2Q Sales Drop 5.4%


Comment on this article, brand or product

Disclaimer: The views expressed in comments published on bodymagazine.us are those of the comment writers alone. They do not represent the views or opinions of Bodymagazine or its staff.















NOTE: Your Email will not be displayed.

Related pictures

Follow BODY on:
twitter FaceBook RSS
Share this article on:
Digg Reddit Stumble

Contact Information: (718)676-4444
Copyright © 2017 Fashion Market Magazine Group, Inc. All rights reserved.
All photos Copyright © 2000-2018 Nick Monjo & Fashion Market Magazine Group. All rights reserved.
Please email any website related issues to bodymagazinefmmg@gmail.com
bottom shadow
*