Wet Seal (WTSLA) July Comps Fall 15.6%; Guides Q2 Loss Expectations

August 2, 2012 7:15 AM EDT
The Wet Seal, Inc. (Nasdaq: WTSLA) reports sales of $40.4 million in July, an drop of 12.9 percent. Comps fell 15.6 percent for the month.

Sees Q2 loss of $0.06 - $0.07 per share, versus consensus views calling for a loss of $0.06 per share.


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Guidance, Retail Sales