The Wet Seal (WTSLA) Reports In-Line Q3 EPS of $0.07; Guides Q4
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Price: $2.95 -2.64%
Financial Fact:
Interest expense (Note 3): -1.37M
Today's EPS Names:
MSGM, SMID, VISL, More
Financial Fact:
Interest expense (Note 3): -1.37M
Today's EPS Names:
MSGM, SMID, VISL, More
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The Wet Seal, Inc. (Nasdaq: WTSLA) reports Q3 EPS of $0.07, in-line with the analyst estimate of $0.07. Revenue for the quarter was $146.6 million, versus the consensus of $145.68 million.
Consolidated same store sales fell 7.6% during the quarter.
Sees Q4 EPS of $0.06-$0.10, versus the consensus of $0.13, and sales of $155.4-$160.8 million, versus the Street estimate of $170.65. Same store sales are expected to fall 10-13%, compared to a 1.4% decline in the same quarter last year.
The Wet Seal, Inc. and its subsidiaries operate as a specialty retailer of apparel and accessory items for women in the United States.
Consolidated same store sales fell 7.6% during the quarter.
Sees Q4 EPS of $0.06-$0.10, versus the consensus of $0.13, and sales of $155.4-$160.8 million, versus the Street estimate of $170.65. Same store sales are expected to fall 10-13%, compared to a 1.4% decline in the same quarter last year.
The Wet Seal, Inc. and its subsidiaries operate as a specialty retailer of apparel and accessory items for women in the United States.
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