Wet Seal (WTSLA) August Comps Down 11.2%
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The Wet Seal, Inc. (Nasdaq: WTSLA) August comparable store sales fell 11.2%.
Ed Thomas, president and chief executive officer of The Wet Seal, Inc., commented: "At Wet Seal, back-to-school results so far have been in line with our expectations. Given that Labor Day falls one week later this year than last, we expect a similar one-week shift in back-to-school shopping. Therefore, we believe that the combined results for August and September will present a more accurate picture of the back-to-school season than does August alone."
Ed Thomas, president and chief executive officer of The Wet Seal, Inc., commented: "At Wet Seal, back-to-school results so far have been in line with our expectations. Given that Labor Day falls one week later this year than last, we expect a similar one-week shift in back-to-school shopping. Therefore, we believe that the combined results for August and September will present a more accurate picture of the back-to-school season than does August alone."
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