Stocks in the News: Hot Topic, Charlotte Ruse, Ruby Tuesday


The consumer may be starting to make a really slow comeback.

Shares of teen retailer Hot Topic Inc. (HOTT) were surging in pre-market trading after it forecast a first quarter profit of 1 to 2 cents per share, an improvement over its prior outlook for a 1-cent loss to a 1-cent profit. Strong sales of Twilight DVDs and accessories lead to a 7.1 percent rise in March same-store sales, beating analysts' forecasts calling for a 5.4 percent gain.