Content about Hot Topic Inc.

January 22, 2013

Hot Topic announced that its chief financial officer, Jim McGinty, has resigned, effective March 29.

City of Industry, Calif. -- Hot Topic announced that its chief financial officer, Jim McGinty, has resigned, effective March 29. The company said that George Wehlitz, VP finance will serve as interim CFO.

McGinty had worked for Hot Topic Inc. for the past 12 years. His resignation is effective March 29.

Wehlitz became VP finance at Hot Topic in 2008. He previously served as CFO at motorcycle clothing and accessories company Cycle Gear Inc.

November 15, 2012

Hot Topic Inc. reported that profit for the third quarter jumped 38% to $4.3 million, from $3.1 million in the year-ago quarter.

City of Industry, Calif. -- Hot Topic Inc. reported Wednesday that profit for the third quarter jumped 38% to $4.3 million, from $3.1 million in the year-ago quarter.

Revenue edged up 2% to $179.4 million from $175.8 million, missing Wall Street’s expected $182.9 million in revenue.

Same-store sales rose a slight 0.2%.

 

November 1, 2012

On the heels of its report that the company gained just 0.2% in October same-store sales, Hot Topic Inc. also announced plans to test a new store that will specialize in dark, edgy lingerie.

City of Industry, Calif. -- On the heels of its Wednesday report that the company gained just 0.2% in October same-store sales, Hot Topic Inc. also announced plans to test a new store that will specialize in dark, edgy lingerie.

Called Blackheart, the concept will target the company’s core teen customer and will debut with five stores in southern California and Texas malls as well as online offerings beginning in mid-November.

 

March 8, 2012

Hot Topic Inc. earned $9 million in the three months that ended Jan. 28, compared with a loss of $578,000 in the year-ago period, on reduced spending.

City of Industry, Calif. -- Hot Topic Inc. earned $9 million in the three months that ended Jan. 28, compared with a loss of $578,000 in the year-ago period, on reduced spending.

Revenue in the fourth quarter slipped 1% to $209.9 million, from $212.4 million. Same-store sales increased 1.3%.

November 17, 2011

Hot Topic Inc. reported Wednesday that profit rose to $3.1 million in the quarter ended Oct. 29, compared with $400,000 in the year-ago period.

City of Industry, Calif. -- Hot Topic Inc. reported Wednesday that profit rose to $3.1 million in the quarter ended Oct. 29, compared with $400,000 in the year-ago period. Prior-year results were weighed down by charges from its ShockHound website, which folded.

Revenue fell 4% to $175.8 million from $183.2 million in the quarter, missing Wall Street’s expected $177.8 million in revenue.

Same-store sales dipped 1.6% at Hot Topic and Torrid stores, attributed to disappointing Halloween sales.
 

November 7, 2011

Hot Topic Inc. said that its CEO, Lisa Harper, 52, has also been named its board chairwoman.

City of Industry, Calif. -- Hot Topic Inc. said that its CEO, Lisa Harper, 52, has also been named its board chairwoman.

Former chairman Bruce Quinnell will stay on as chairman of the audit committee, but he will not seek re-election to the board when his term ends in June, the company said.

The company also said Matthew Drapkin was named lead director.
 

December 3, 2008

The downturn in consumer spending hit the nation’s mall-based specialty retailers hard in November, as...

December 2, 2008

Hot Topic, Inc. reported on Wednesday that its same-store sales rose 6.5% in November....

November 18, 2008

Hot Topic, Inc. reported net income in the third quarter of $7.4 million compared to...

July 31, 2008

The Wet Seal Thursday company named Maria Comfort president and chief merchandise officer for its...

July 30, 2008

Hot Topic, Inc. has announced that Maria Comfort, formerly the chief merchandising officer of the...

July 1, 2008

Hot Topic Inc. announced that Michael Crooke, who was appointed the president of the company's...

May 21, 2008

Hot Topic Inc. said Wednesday its first-quarter loss widened on a drop in same-store sales....

August 13, 2007

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May 23, 2007

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November 16, 2004

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