Today's Top Retail stock Losers were HOTT, PSUN, BKE : by Penny Stock Pick alert
Hot Topic, Inc., Pacific Sunwear of California and The Buckle were Top Retail stock Losers as reported by Penny Stock Pick alert.
(EMAILWIRE.COM, November 20, 2009 ) Dallas, TX - Hot Topic, Inc. (NASDAQ:HOTT) plunged 13.04% to end the day at $5.80 after the company reported its third-quarter earnings fell 21% amid declining margins and a continuation of nearly five years of negative same-store sales. The teen retailer projected fourth-quarter earnings below Street expectations, with analysts concerned that demand for items related to the New Moon vampire movie that opens this week will not live up to last year’s craze for Twilight items.
Pacific Sunwear of California, Inc. (NASDAQ:PSUN) decreased 7.30% to close at $3.68. The stock hit an intraday high and an intraday low of $3.96 and $3.67 respectively. In the last six months the stock went down over 13%. Pacific Sunwear of California, Inc. is a lifestyle specialty retailer. The Company sells casual apparel with a limited selection of accessories and footwear designed to meet the needs of teens and young adults.
The Buckle, Inc. (NYSE:BKE) decreased 2.65% to end the day at $28.29 after the company The Buckle, Inc. (NYSE:BKE).Net sales for the 13-week fiscal quarter ended October 31, 2009 increased 9.8 percent to $231.2 million from net sales of $210.6 million for the prior year 13-week fiscal quarter ended November 1, 2008. Comparable store net sales for the 13-week period ended October 31, 2009 increased 4.3 percent from comparable store net sales for the prior year 13-week period ended November 1, 2008. Online sales.
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Penny Stock Pick Report is an independent electronic publication that provides information on selected publicly traded companies. Penny Stock Pick Report is not a registered investment advisor or broker-dealer. Penny Stock Pick Report affiliates, directors, officers, and employees may purchase and sell additional shares in any company which are mentioned above and may profit in the event those shares rise in value. Please do your research before you plan to invest in any of the stocks mentioned above.
Pacific Sunwear of California, Inc. (NASDAQ:PSUN) decreased 7.30% to close at $3.68. The stock hit an intraday high and an intraday low of $3.96 and $3.67 respectively. In the last six months the stock went down over 13%. Pacific Sunwear of California, Inc. is a lifestyle specialty retailer. The Company sells casual apparel with a limited selection of accessories and footwear designed to meet the needs of teens and young adults.
The Buckle, Inc. (NYSE:BKE) decreased 2.65% to end the day at $28.29 after the company The Buckle, Inc. (NYSE:BKE).Net sales for the 13-week fiscal quarter ended October 31, 2009 increased 9.8 percent to $231.2 million from net sales of $210.6 million for the prior year 13-week fiscal quarter ended November 1, 2008. Comparable store net sales for the 13-week period ended October 31, 2009 increased 4.3 percent from comparable store net sales for the prior year 13-week period ended November 1, 2008. Online sales.
ABOUT http://www.PennyStockPickalert.com
Penny Stock Pick Report is an independent electronic publication that provides information on selected publicly traded companies. Penny Stock Pick Report is not a registered investment advisor or broker-dealer. Penny Stock Pick Report affiliates, directors, officers, and employees may purchase and sell additional shares in any company which are mentioned above and may profit in the event those shares rise in value. Please do your research before you plan to invest in any of the stocks mentioned above.
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PennyStockPickAlert.com
Robert Wilson
Tel: 214 556 6798
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
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