-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, DXUFAQd6FLRqwcHMRDfws5sArXFpH1yFJEAkd+ACaCvfzS4XxPKMslKDfzUSVQbl Mq1JrWB04U9fXQd5rUJ7Gg== 0001019687-03-002209.txt : 20031105 0001019687-03-002209.hdr.sgml : 20031105 20031105161645 ACCESSION NUMBER: 0001019687-03-002209 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20031105 ITEM INFORMATION: FILED AS OF DATE: 20031105 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HOT TOPIC INC /CA/ CENTRAL INDEX KEY: 0001017712 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-APPAREL & ACCESSORY STORES [5600] IRS NUMBER: 770198182 STATE OF INCORPORATION: CA FISCAL YEAR END: 0130 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-28784 FILM NUMBER: 03979710 BUSINESS ADDRESS: STREET 1: 18305 EAST SAN JOSE AVENUE CITY: CITY OF INDUSTRY STATE: CA ZIP: 91748 BUSINESS PHONE: 6268394681 MAIL ADDRESS: STREET 1: 18305 EAST SAN JOSE AVENUE CITY: CITY OF INDUSTRY STATE: CA ZIP: 91768 8-K 1 hottopic_8k-110503.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported) November 5, 2003 HOT TOPIC, INC. --------------- (Exact name of Registrant as specified in its charter) California 0-28784 77-0198182 ---------- ------- ---------- (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification No.) 18305 E. San Jose Avenue, City of Industry, California 91748 - ------------------------------------------------------ ----- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (626) 839-4681 __________________________________________________________ (Former name or former address, if changed since last report) ITEM 12. RESULTS OF OPERATIONS AND FINANCIAL CONDITION. The information in this Current Report is being furnished and shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934 (the "Exchange Act"), or otherwise subject to the liabilities of that Section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, regardless of any general incorporation language in such filing. Attached hereto as Exhibit 99.1 is a copy of a press release that Hot Topic, Inc. issued on November 5, 2003 reporting, among other things, its sales for the fiscal third quarter of 2003 (quarter ended November 1, 2003). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Hot Topic, Inc. /s/ James McGinty ------------------------------------- James McGinty Chief Financial Officer and Secretary November 5, 2003 EX-99.1 3 hottopic_8kex99-1.txt PRESS RELEASE Exhibit 99.1 ** NEWS RELEASE ** Contact: Hot Topic, Inc. Mr. Jim McGinty, CFO (626) 839-4681 x2675 jmcginty@hottopic.com HOT TOPIC, INC. REPORTS 10.8% THIRD QUARTER COMP STORE SALES INCREASE INCLUDING 11.2% COMP INCREASE FOR OCTOBER THIRD QUARTER NET SALES INCREASED 32% CITY of INDUSTRY, CA, November 5, 2003 -- Hot Topic, Inc. (Nasdaq National Market: HOTT) announced net sales for the third quarter of fiscal 2003 increased 32% to $161.5 million from net sales of $122.6 million for the thirteen weeks ended November 2, 2002. Comparable store sales for the third quarter increased 10.8% from last year. Net Sales Comparable Store Sales Increase (millions) % Increase This Last Year Year October $51.1 33% 11.2% 8.1% Third Quarter $161.5 32% 10.8% 6.3% Year-to-date $377.9 28% 6.8% 2.6% The Company also announced that it expects to open 84 new Hot Topic stores in 2003, four more than the previously announced 80 new Hot Topic stores. The Company expects to end the year operating 52 Torrid stores and 502 Hot Topic stores. For more detailed information on October sales results, please call (626) 771-0006 to listen to a recorded commentary. Additionally, a conference call to discuss third quarter results, business trends, and other matters will be conducted November 19, 2003 at 4:30 PM Eastern time. The conference call number is (888) 868-9080, and will be accessible to all interested parties. It will also be webcast at www.companyboardroom.com. A replay will be available at (973) 341-3080, pass code 3265628, and at www.companyboardroom.com for approximately 10 days. Hot Topic, Inc. is a national mall-based specialty retailer of music-licensed and music-influenced apparel, accessories and gift items for young men and women principally between the ages of 12 and 22. Torrid, the Company's second concept, is a mall-based specialty retailer of plus-size fashion-forward apparel and accessories that targets young women principally between the ages of 15 and 29. The Company currently operates 491 Hot Topic stores in 49 states and Puerto Rico, 49 Torrid stores and Internet stores www.hottopic.com and www.torrid.com. Except for the historical information contained herein, this news release contains forward-looking statements, including statements relating to financial results, projections and other financial performance, and managing growth. These statements involve risks and uncertainties, including risks and uncertainties associated with meeting expected financial results, management of growth, relationships with mall developers and operators, the risk that available cash or mall space will not be adequate for planned expansion, fluctuations in sales and comparable store sales results, risks and uncertainties with respect to new store openings including risks associated with the Company's new store concepts and Internet stores, music and fashion trends, competition from other retailers, uncertainties generally associated with specialty retailing, the effect of economic conditions, 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 as well as other risks detailed from time to time in the Company's SEC reports, including its Quarterly Report on Form 10-Q for the quarter ended August 2, 2003 and its Annual Report on Form 10-K for the year ended February 1, 2003. The historical results achieved are not necessarily indicative of the future prospects of the Company. -----END PRIVACY-ENHANCED MESSAGE-----