Seeking Alpha

WTSLA
The Wet Seal, Inc.

5/27/2012, 2:40 PM ET
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WTSLA Market Currents more »
  • Tuesday 4:12 PM More on Wet Seal (WTSLA): Q1 misses across the board on a 5% Y/Y decline in total revenue. Net earnings also declined 6% versus the year ago period, as top line margins were hit by dismal comp store sales numbers. CEO Susan McGalla commented: "We are disappointed with our first quarter results and recent sales trends at both Wet Seal and Arden B. We are taking immediate actions to rebalance the assortments towards stronger selling categories." [Consumer, Earnings]
  • Tuesday 4:04 PM Wet Seal (WTSLA): Q1 EPS of $0.02 in-line. Revenue of $147.9M (-5% Y/Y) misses by $2M. Shares -2.8% AH. (PR) [Earnings, On the Move]
WTSLA News more »
WTSLA Instablog posts more »
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Company Description

We are a national specialty retailer operating stores selling fashionable and contemporary apparel and accessory items designed for female customers aged 13 to 35 years old. As of January 31, 2009, we operated 496 retail stores in 47 states, Puerto Rico and Washington D.C. Our products can also... More

Sector: Services
Industry: Apparel Stores
Country: United States