Hot Topic, Inc. Announces Conference Call to Discuss First Quarter Financial Results
June 12 2014 - 3:45PM
Business Wire
Hot Topic, Inc. announced that a conference call to discuss the
first quarter results for the period ended May 3, 2014 is scheduled
for June 17, 2014 at 1:30 PM (ET). Access information for this
conference call will be published on the Secure Financial
Information Exchange prior to the date of the conference call.
Hot Topic, Inc. is a mall- and web- based retailer operating
under two banners, Hot Topic and Torrid. Hot Topic is a
market-leading specialty retailer of music/pop culture-influenced
and licensed apparel and accessories targeting 18 to 24 year-old
men and women. Torrid is the market-leading, national retailer of
fashion apparel, intimates and accessories targeting 18 to 30
year-old plus-size women (sizes 12 to 28). The company launched a
new test retail concept, Blackheart, during the fourth quarter of
fiscal 2012. Music and pop culture are the overriding inspirations
at Hot Topic, and Torrid is focused on providing the best in
fashion to young plus-size women. Revenues are generated primarily
through retail stores in the United States of America, Puerto Rico
and Canada, and online through our websites hottopic.com,
torrid.com and blackheartlingerie.com. As of May 3, 2014, the
company operated 893 stores.
The aforementioned conference call may contain forward-looking
statements, which may include statements relating to financial
results, guidance, store and online operations (including closures,
remodels and relocations), projections, financial performance
including cost reductions and changes in business operations, and
related matters. These statements involve risks and uncertainties,
including risks and uncertainties associated with meeting expected
financial results, fluctuations in sales and comparable sales
results, music, license and fashion trends, competition from other
retailers, uncertainties generally associated with specialty
retailing, technology and other risks associated with Internet
sales, the effect of negative conditions in the economic
environment (including global capital and credit markets), the
effect of severe weather or natural disasters, political and/or
social changes or events that could negatively impact shopping
patterns and/or mall traffic, relationships with mall developers
and operators, relationships with our vendors, litigation
proceedings and contingent liabilities, as well as other risks
detailed in the Annual Report for the Fiscal Year Ended February 1,
2014. Historical results achieved are not necessarily indicative of
the future prospects of the company, and actual results or
circumstances could differ materially from any forward-looking
statements made.
Current noteholders, prospective noteholders and securities
analysts may request access to the Secure Financial Information
Exchange at:
http://www.hottopic.com/hottopic/cs/CustomerService/CompanyInfo/FinancialInfoRequests.jsp.
Hot Topic, Inc.George Wehlitz, CFO, 626-839-4681 x2174
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