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The Wet Seal (WTSLA) Reports 3.7% Drop in January Same Store Sales; Raises Q4 EPS Outlook

February 4, 2010 7:19 AM EST
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Price: $2.95 -2.64%

Financial Fact:
Interest income: 27K

Today's EPS Names:
SVBT, ZEO, OTLK, More
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The Wet Seal, Inc. (Nasdaq: WTSLA) reports total sales for the month of January were $30.9 million, down 2.5% from the same period last year. Same store sales fell 3.7% vs. a 14.7% drop in Jan. of '09.

Raises its Q4 EPS guidance from $0.06-$0.07 to $0.08-$0.09. The Street is currently looking for Q4 EPS of $0.06.

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Guidance, Retail Sales