The Wet Seal, Inc. (WTSLA) March Same-Store Sales Increased 16.2%

April 6, 2006 7:40 AM EDT
The Wet Seal, Inc. (Nasdaq: WTSLA) reported comparable store sales increased 16.2% for the five-week period ended April 1, 2006, compared with an increase of 36.3% for the same period a year ago. Current consensus is 15.7%.

Net sales for the five-week period ended April 1, 2006 were $47.3 million, compared with net sales of $41.0 million for the same period last year, an increase of 15.6%.

During the five-week period ended April 1, 2006, the Company did not open or close any stores. At April 1, 2006, the Company operated 308 Wet Seal stores and 92 Arden B. stores.

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