×
256
Fashion Jobs
AJAY INDUSTRIAL CORPORATION (AICL)
Production Manager (hp Division)
Permanent · Ghaziabad
VRB CONSUMER PRODUCTS
Job Opening as Asst Manager Production - Keshwana
Permanent · Keshwana
POLYCAB INDIA LTD
Area Sales Manager
Permanent · Ludhiana
CEAT
am Production Tbr Stock (Halol- Gujarat)
Permanent · Halol
FIRST MERIDIAN BUSINESS SERVICES
Head Production Manager
Permanent · Gurugram
SHALIMAR INCENSE
Senior Area Sales Manager/Regional Sales Manager- South
Permanent · Bengaluru
FIRST MERIDIAN BUSINESS SERVICES
Production Manager (Female)
Permanent · Oragadam
POLICYBOSS
Area Sales Manager
Permanent · Chennai
RADON INDIA
Area Sales Manager - (Dealer Channel)
Permanent · Jaipur
PEOPLEFY INFOSOLUTIONS
Job Opening For Area Sales Manager Role in Mnc For Vijayawada
Permanent · Vijayawada
STANVAC CHEMICALS
Area Sales Manager
Permanent · Beawar
PERFECT PUBLISHING SOLUTIONS
Area Sale Manager-Denmark Mnc - Hearing Aid or Medical Device
Permanent · Kolhapur
SMART SOURCE
Buyer & Merchandiser With a Top Brand-Mumbai
Permanent · Mumbai
MURUGAPPA GROUP
Area Sales Manager - Commercial Vehicle
Permanent · Ahmedabad
CREATIVE SOLUTIONS
Mechanical Production Manager Sheet Metal Industry (1 - 6yrs)
Permanent · Chennai
H&M
Content Production Manager
Permanent · NEW DELHI
CAPITAL PLACEMENT SERVICES
Production Manager For Agrochemical Industry in Saykha,Gujarat
Permanent · Bharuch
ADITYA SAMRAJ NATURAL FOODS PVT. LTD.
Area Sales Manager / Regional Sales Manager
Permanent · Ambala
AIRTEL
Area Manager
Permanent · Kanchipuram
ADIDAS
Senior Tech Project Manager
Permanent · GURUGRAM
CORPORATE MANPOWER
Requirement - Operations Manager
Permanent · Kolkata
DR LAL PATHLABS
Area Sales Manager - Vijayawada
Permanent · Vijayawada
By
Reuters
Published
Mar 11, 2010
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Hot Topic fourth quarter profit in line, shares fall on first quarter EPS view

By
Reuters
Published
Mar 11, 2010

March 10 (Reuters) - Teen clothing retailer Hot Topic Inc (HOTT.O) forecast a first-quarter loss that could be wider than market estimates, partly as it expects comparable store sales to continue to fall, sending its shares down 6 percent.


Photo: www.hottopic.com

The company, which posted an in-line fourth-quarter profit, expects a same-store sales decline in the high-single-digit percentage range for the first quarter.

Hot Topic, which licenses clothing and accessories such as "Twilight" and "Alice in Wonderland," posted fourth-quarter net income of $8.0 million, or 18 cents a share, compared with $14.2 million, or 32 cents a share, a year ago.

Sales at the company -- which sells Goth-inspired clothing, as well as music and accessories -- fell 10 percent to 214.2 million.

Analysts on average were expecting earnings of 18 cents a share, before special items, on revenue of $214.6 million, according to Thomson Reuters I/B/E/S.

The company was caught holding too much Twilight saga gear and had a soft teen reception to new music releases, Wall Street Strategies analyst Brian Sozzi said in a note.

For the first quarter, it expects to post a loss of 2 cents to 5 cents a share. Analysts expected a loss of 2 cents.

Shares of the California-based company were trading at $5.50 Wednesday 10 March after the bell. They closed at $6.55 on Nasdaq. (Reporting by Mihir Dalal in Bangalore; Editing by Gopakumar Warrier, Jarshad Kakkrakandy)

© Thomson Reuters 2023 All rights reserved.