• Q2 net loss US$6.2m, down from $6.3m
  • Sales up 0.7% to $150.9m
  • Comparable store sales rise 2.6%

Retailer Hot Topic posted a slightly reduced second-quarter net loss thanks to a marginal increase in sales and a 2.6% rise in comparable-store sales.

The US company, owner of the Hot Topic and Torrid retail brands, is now projecting full-year earnings per diluted share of $0.17-0.23 after the performance in the three months to 30 July.

Hot Topic also said that, in the year to February 2013, it expected to open 25-45 new Torrid stores, closing 10-20 Hot Topic outlets and five Torrid shops.