Same-Store Sales Up at Hot Topic, Down at Zumiez
New York City Hot Topic reported on Wednesday that its December same-store sales rose 4.3%, compared to a decline of 6.2% in Dec. 2007.
On average, analysts expected same-store sales to rise 2.4%, according to Thomson Reuters.
Total net sales for the five weeks ended Jan. 3 increased 7.1% to $131.9 million.
Zumiez Inc. reported that its same-store sales fell 12.3% for the five-week period.
Total net sales for the five-week period decreased 0.1% to approximately $72.0 million, compared to approximately $72.0 million for the year-ago period.