Wet Seal (WTSLA) May Comps Down 2%
More News related to WTSLA
- September Retail Numbers Show Main Street Pain
- Wet Seal (WTSLA) Comps Down 7.5% in Sept. Reaffirms Q3 EPS Guidance
- The Wet Seal, Inc. Announces September Comparable Store Sales Declined 7.5% and Affirms Third Quarter Guidance
- Credit Suisse Downgrades Wet Seal (WTSLA) to Neutral
- The Wet Seal (WTSLA) Comps Fell 8.7% in August
The Wet Seal, Inc. (Nasdaq: WTSLA) May comparable store sales fell 2%, +1.8% at Wet Seal and -15.1% at Arden B.
Total sales rose 7.1% to $45.7 million; $37.4 at Wet Seal and $8.3 million and Arden B.
CEO Ed Thomas said, "We were pleased to have delivered a slight comparable store sales increase at Wet Seal, despite the difficult macro environment. In addition, we are encouraged by the early customer acceptance of the improved merchandise content that we began delivering to Arden B stores in May. We will continue to build upon merchandise improvements at Arden B over the course of our second fiscal quarter, while carefully managing inventory levels."
Related Categories
Retail SalesStocks Mentioned
+0.07Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
