Brian Tunick Quotes

With November comparable down 8 percent and the company lowering guidance once again, Hot Topic continues to be on the wrong side of the fashion trend with no near term catalysts in sight. Hot Topic will obviously need to take deep markdowns in order to clear unwanted holiday product.

- Brian Tunick

Tags

November | Comparable | Percent | Company | Lowering |

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On the economic front, deflation is hurting companies. Mall traffic across the U.S. is down for the last 21 months, there's a lack of fashion newness out there. The average price that teens are paying for an item is down, and it's difficult to see profit pick up in 2003. - Brian Tunick

We're forecasting $50 million in volume in 2003. This business drives 2.1 million customer visits a year as customers must come into the store to pick out, pick up, and drop off the tuxedos -- creating an excellent opportunity to drive incremental sales. - Brian Tunick

As the company begins to anniversary difficult sales comparisons and investors look to the holiday season, Sharper Image is on a lot of retail investors' radar screen. - Brian Tunick