Retail Companies Reporting September Sales (ZUMZ, HOTT, Macy’s)

Shares of Zumiez Inc. (NASDAQ:ZUMZ) soared 6.50% to $24.28 and created a new 52-week high of $24.66 in the opening session after the company lifted its fiscal Q3 EPS estimate following solid sales for the month of September.

The stock is moving higher after the company said that its same-store sales grew 17%, easily beat the analysts estimates of 12.40%.

You can Subscribe to these Free Stock Alerts by visiting:  http://www.PennyStockPickReport.com

The company also upped its EPS forecast for the current quarter to $0.28 - $0.30, from previous expectations of $0.25 to $0.27. Analysts currently estimates EPS of $0.27.

Zumiez Inc. (Zumiez) is a mall-based specialty retailer of action sports related apparel, footwear, equipment and accessories operating under the Zumiez brand name.

Hot Topic, Inc. (NASDAQ:HOTT) rose 1.84% to $6.08 with over 110k Share after the company reported that its same-store sales during the month of September fell 2.60%, better than estimated fall of $3.50%.

So far this year, shares of HOTT have not done much and slid about 4%. It has a 52-week range of $4.58-$9.96.

Hot Topic, Inc. is a mall and Web-based specialty retailer operating the Hot Topic and Torrid concepts, as well as the e-space music concept, ShockHound. It sells a selection of music/pop culture-licensed and music/pop culture-influenced apparel, accessories, music and gift items for young men and women principally between the ages of 12 and 22.

You can Subscribe to these Free Stock Alerts by visiting:  http://www.PennyStockPickReport.com

Macy's, Inc. (NYSE:M) shares rose 0.25% to $23.76 with over 3.16 million shaers after the company reported a rise of 4.80% in its  comparable-store sales for the month September.

This is higher than the estimated 3.30%.

“The back-to-school season has been one of our most successful in years,” said Terry Lundgren, chief executive, in the sales report. “The sales growth at both Macy’s and Bloomingdale’s has fueled a high level of energy and spirit [and] we believe this momentum will work to our benefit as we approach the upcoming holiday selling season.”

Macy’s, Inc. (Macy’s) is a retail organization operating retail stores and Internet Websites under two brands (Macy’s and Bloomingdale’s) that sell a range of merchandise, including men’s, women’s and children’s apparel and accessories.

About http://www.PennyStockPickReport.com

Penny Stock Pick Report offers stock newsletter on OTC, PINKSHEETS ,OTCBB, AMEX, NASDAQ and NYSE stock exchange. Our subscribers receive daily up to date stock information on top stocks, most active movers, top gainers, penny stocks and much more. If you wish to feature your organization on our website then you can contact us at the email given below.