Wet Seal (WTSLA) Reports 4.5% decline in Comp September Sales; Flat Guidance
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The Wet Seal, Inc. (Nasdaq: WTSLA) reported net sales and comparable store sales for the five-week period ended October 3, 2009, down 4.5%.
Ed Thomas, president and chief executive officer of The Wet Seal, Inc., "Our comparable store sales expectations for the third quarter remain within our initial guidance range, and we also currently expect earnings per diluted share for the quarter to remain within our initial guidance range of $0.02 to $0.05."
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