QUOTE AND NEWS
Red Orbit  Oct 22  Comment 
The biological safety of nanotechnology, how the body reacts to nanoparticles, is a hot topic; researchers at Lund University have managed for the first time to carry out successful experiments involving the injection of so-called 'nanowires'
MarketWatch  Oct 15  Comment 
Electronic books may transform not only the publishing industry, but the very definition of what constitutes a book.
newratings.com  Oct 13  Comment 
NEW YORK, October 12 (newratings.com) - Analysts at Longbow Research upgrade Hot Topic (ticker: HOTT) from "neutral" to "buy." The target price is set to $12. [more]
TheStreet.com  Oct 13  Comment 
New 'Twilight' movie is expected to boost sales at retailers.
Market Intelligence Center  Oct 12  Comment 
Hot Topic (HOTT) was upgraded today by analysts at Longbow and the stock is now at $8.84, up $0.73 (9.0%) on volume of 1,166,447 shares traded. The stock is trading up sharply today after Longbow upgraded the company this morning to a Buy from...
newratings.com  Oct 8  Comment 
NEW YORK, October 8 (newratings.com) - Analysts at Roth Capital reiterate their "hold" rating on Hot Topic (ticker: HOTT). The target price has been raised from $8 to $9. [more]
MarketWatch  Oct 7  Comment 
Shares of Hot Topic Inc. rise in light volume after the teen-wear retailer's monthly comparable sales decline wasn't as sharp as had been expected by Wall Street.
MarketWatch  Oct 7  Comment 
Hot Topic Inc. said late Wednesday that its September sales at stores open at least one year declined 4%. Analysts, on average, had expected same-store sales to fall 6.3%, according to Thomson Reuters. Total sales for the five weeks ended Oct. 3...
Insurance Journal  Sep 24  Comment 
From the hallowed halls of Congress to town hall meetings to network TV to the big screen, lying is a hot topic these days. The president is charged with telling lies. A popular TV show, "Lie ...
FX Street  Sep 9  Comment 
Welcome to the new Real Estate section of Lessons From the Pros! I'm excited to jump right in with a hot topic in real estate investing. I have been getting a lot of questions about what loan modifications are and how they work. A loan...
Suggest a News Source
Topic
Top news source/blog that we're missing
Why do you recommend this news source?
Close 
Thanks for your suggestion!
 
 
TOP CONTRIBUTORS
HOTT AT A GLANCE
 
 
 
 
 
 
 
 



Business Overview

Business Financials

Business Segments

Hot Topic operates two different stores: Hot Topic, and Torrid. Each store type also has an online presence.

Hot Topic

The Hot Topic brand sells clothing, memorabilia, and electronics (such as CDs) tailored to music.

Torrid

Torrid provides plus-sized clothing to females between the ages of 15 and 29.

Trends and Forces

Recession

Niche Market

Competition

Competition for Hot Topic stores is very diverse. Local competitors include street alternative and vintage clothing stores, particularly in metropolitan areas. Mall-based, national retailers and chains in competition with Hot Topic include privately-owned Forever 21, H&M, Old Navy (a division of Gap (GPS), Buckle (BKE) , Wet Seal (WTSLA), Urban Outfitters (URBN), and Zumiez (ZUMZ). Because of their music paraphernalia offerings, additionally, smaller competition comes from chains selling music products such as Best Buy (BBY) and Borders Group (BGP).

Torrid has fewer competitors, as it caters to an even smaller niche market. Although there are retailers targeting the plus-size female demographic, including Lane Bryant, none specifically target the younger female age group in this demographic; most cater to more mature women and/or focus on career clothing. Department stores and discount stores such as Target also provide competition, as well as plus-size catalogs and web-based stores which carry plus-size junior's clothing.

Competition Hot Topic (HOTT)[1] Buckle Inc (BKE)[2] Wet Seal (WTSLA)[3] Urban Outfitters (URBN)[4] Zumiez (ZUMZ)[5]
Revenue $Mil 761.1 792.0 593.0 1,834.6 408.7
Net Income $Mil 19.7 104.4 30.2 199.4 17.2
Operating Margin % 4.05% 21.22% 3.53% 15.48% 2.60%
Sales Per Store 841 1.67M 1.12M 6.24M 1.24M


Number of Stores 840 387 496 294 343
12 Month Correlation 1.00 0.18 0.17 -0.45 -0.16

References

  1. HOTT FY2009 10-k, Item 6: Selected Financial Data, page 29
  2. BKE FY2009, Item 6: Selected Financial Data, page 18
  3. WTSLA FY2009 10-k, Item 6: Selected Financial Data, page 24
  4. URBN FY2009 10-k, Item 6: Selected Financial Data, page 22
  5. ZUMZ FY2009 10-k, Item 6: Selected Financial Data, page 26
Wikinvest © 2006, 2007, 2008, 2009. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki