In addition to axing its CEO, Wet Seal (WTSLA) updates FQ2 guidance: Expects same-store sales to...

|About: The Wet Seal, Inc. (WTSL)|By:, SA News Editor

In addition to axing its CEO, Wet Seal (WTSLA) updates FQ2 guidance: Expects same-store sales to decline 10-11%, at the low end of its initial guidance; sees FQ2 loss of $0.06-0.07 per diluted share vs. earlier guidance of $0.03-0.06. (PR)