2.43%XLF 15.10 
10.30%QQQQ 31.32 0.63%
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CITY OF INDUSTRY, Calif. - Teen specialty retailer Hot Topic Inc. on Wednesday said it expects to post a second-quarter loss of 2 cents to 4 cents per share.
| HOTT | 5.11 |  0.11 |
Analysts polled by Thomson Financial expect a loss of 3 cents per share for the period.
Hot Topic said its prediction, which compares to a loss of 4 cents per share in the same quarter of 2007, is based on expectations of flat to a low-single-digit decline in same-store sales.
The guidance also includes about 1 cent or 2 cents per share in expenses related to the company's online music initiative, Hot Topic said.
Hot Topic shares fell 13 cents, or 2.6 percent, to close at $4.84.
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