• Q4 net profit of US$9m, versus net loss of $0.6m
  • Full-year net loss of $1.8m, down from $8.2m
  • Q4 sales down 1.2%

Retailer Hot Topic overturned last year’s fourth quarter loss with a net profit of US$9m, despite a slight decrease in sales.

Revenues for the three months to 28 January were down 1.2% to $209.9m, while comparable store sales fell 1.3%.

For the full year, the US company said it posted a net loss of $1.8m, down from the net loss of $8.2m recorded in fiscal 2010.