The Wet Seal (WTSLA) Reports November Same-Store Sales Increase

The Wet Seal, Inc. (Nasdaq: WTSLA) reported comparable store sales increased 5.5% for the four-week period ended November 25, 2006, compared with an increase of 51.5% last year. Net sales for the four-week period ended November 25, 2006 were $46.0 million, compared with net sales of $41.3 million in the same period last year, an increase of 11.4%.

Joel Waller, chief executive officer of The Wet Seal, Inc., commented: "Sales again exceeded our expectations in November. We are well positioned to meet anticipated strong demand for the holidays."

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