More on Wet Seal (WTSL): Q4 comes in mixed, beating slightly on revenue estimates coming in line...

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

More on Wet Seal (WTSL): Q4 comes in mixed, beating slightly on revenue estimates coming in line on its EPS. Net losses increased however, as total revenue weakened Y/Y and the women's apparel retailer was hit by significantly higher income-tax provisions and asset write-downs. Comparable store sales -9.1% at Wet Seal and 3.1% at Arden B. For the current quarter, the company projects a per-share loss of $0.03 to $0.06 on net sales of $135M to $139M. Analysts were looking for earnings of $0.02 on revenue of $143M.