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Earnings roundup: Hot Topic, Semtech

By Associated Press
May 21, 2008 | Comments (0)

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Among the earnings stories for Wednesday, May 21, from AP Financial News:

CITY OF INDUSTRY, Calif. (AP) _ Teen specialty retailer Hot Topic Inc. said Wednesday its first-quarter loss widened on a drop in same-store sales.

CAMARILLO, Calif. (AP) _ Chip maker Semtech Corp. on Wednesday reported fiscal first-quarter income slightly above analyst estimates, sending shares up after hours.

SUNNYVALE, Calif. (AP) _ NetApp Inc., a network storage company, on Wednesday said fiscal fourth-quarter profit was nearly flat, but results beat expectations excluding some one-time expenses.

SAN FRANCISCO (AP) _ Gymboree Corp., a children's apparel retailer, on Wednesday said its fiscal first-quarter net income rose 20 percent, mainly due to higher retail sales.

SAVANNAH, Ga. (AP) _ Apparel retailer Citi Trends Inc. on Wednesday said fiscal first-quarter profit fell 10 percent, as higher expenses offset a rise in revenue.

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