Nov 4th, 2009 - ChicagoTribune
CITY of INDUSTRY, Calif. (AP) - Hot Topic Inc. said Wednesday that sales at stores open at least a year fell 2.6 percent in October, beating a consensus forecast from Wall Street.
Analysts surveyed by Thomson Reuters, on average, expected sales at stores open at least a year to drop 3.5 percent.
Sales at stores open at least a year are a key measure of retailer performance because they measure growth at existing stores rather than from newly opened ones.
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Hot Topic October sales comparison falls 2.6 pct
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CITY of INDUSTRY, Calif.—Hot Topic Inc. said Wednesday that sales at stores open at least a year fell 2.6 percent in October, beating a consensus forecast from Wall Street. Analysts surveyed by Thomson Reuters...
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