Hot Topic same-store sales drop in November
City of Industry, Calif. Hot Topic said Wednesday its same-store sales fell 11.7% in November.
The company said same-store sales at its namesake stores dropped 14.5% for the four-week period ended Nov. 28. Same-store sales at its Torrid stores rose 1.6%.
For the year to date, same-store sales declined 3.2%, with Hot Topic stores off 3.1% and Torrid stores down 3.4%.
The company operated 681 of its namesake stores in all 50 states and Puerto Rico and 156 Torrid stores at quarter's end.