Weekly profile.
WEEKLY PROFILE
HOT TOPIC INC.
Symbol: HOTT Exchange: NASDAQ Close: $29.02 1-WK % Chg: -4.0%
Business Overview
Hot Topic Inc., incorporated in September 1988, is a mall-based
specialty retailer operating the Hot Topic and Torrid store
concepts. The company offers a selection of music-licensed and
music-influenced apparel, accessories and gift items for young men
and women principally between the ages of 12 and 22. In the first
half of the fiscal year ended Feb. 2, 2002 (fiscal 2001), the company
launched a second retail concept with the opening of six stores under
the trade name Torrid. Torrid offers a selection of apparel, lingerie,
shoes and accessories centered around various lifestyles for plus-size
females between the ages of 15 and 29. As of Feb. 1, 2003, the company
operated 418 Hot Topic stores in both metropolitan and middle markets
in 48 states across the United States, and 27 Torrid stores in 17
states. The company also maintains two distinct Websites,
www.hottopic.com and www.torrid.com.
Income Statement LTM * 2003 **
Revenue (millions) $526.2 $443.3
Operating Income (millions) 66.9 54.5
Net Income (millions) 42.1 34.6
EPS $0.86 $0.70
* LTM period ended on Nov. 30.
** Fiscal year ended Feb. 1.
Summary
Headquarters: City of Industry
Market Cap: $1.4 billion
Dividend Yield: None
P/E Ratio: 33/6
Feb. 11, 2003 $14.37
Feb. 11, 2004 $29.02
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Note: Table made from line graph.
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