Seeking Alpha

Another retail dud: Dismal outlook from The Wet Seal

  • Shares of The Wet Seal (WTSL) crumble after the company misses earnings estimates and issues a weak outlook for the holiday shopping season.
  • The company says it expects Q4 revenue of $134M to $137M, well-off the consensus estimate of analysts calling for $154.5M.
  • WTSL -15.7% premarket.
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