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HotTopic (HOTT +10.9%) shares soar at the open following its Q4 earnings beat and announcement...

HotTopic (HOTT +10.9%) shares soar at the open following its Q4 earnings beat and announcement of a dividend increase. Although revenues dipped 1.2% Y/Y, total comp-store sales rose 1.3%. The teen retailer saw improved profit margins, and as the effect of cost-cutting measures takes hold, it also sees better than expected results for the current quarter.
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