Hot Topic Inc. (HOTT) announced the sales results for the month of December, or the five weeks ended January 2, 2010. Total company net sales decreased 9.8% to $119.0 million from last year.
Comparable store sales decreased 10.9%.
The company announced that it now estimates earnings per share for the fourth quarter in the range of $0.18-$0.20. The revised guidance reflects a comparable store sales decline in the range of 10%-12%. Previous guidance was $0.23-$0.26 per share based upon a high-single-digit comp decline.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.