Wet Seal (WTSLA) Lowers Comp and EPS Guidance
Tweet
Share
E-mailGet Alerts WTSLA Hot Sheet
Price: $2.95 -2.64%
Financial Fact:
Interest income (expense), net: -1.35M
Today's EPS Names:
BTTX, VAXX, ELYS, More
Financial Fact:
Interest income (expense), net: -1.35M
Today's EPS Names:
BTTX, VAXX, ELYS, More
Join SI Premium – FREE
Wet Seal (Nasdaq: WTSLA) lowers comp and EPS guidance after the close. The company believes its change in comparable store sales for fiscal September will be in the range of -7.5% to -8.5%, as compared to -1% to +3% as previously announced. The Company also indicated that, for fiscal October, it anticipates a decrease in comparable store sales in the range of -2% to -6%.
The Company now estimates for its fiscal third quarter it will report net income between $0.00 and $0.02 per diluted share compared to a prior estimate of between $0.07 and $0.10 per diluted share. Analysts' consensus estimates were $0.09 per share.
The Company now estimates for its fiscal third quarter it will report net income between $0.00 and $0.02 per diluted share compared to a prior estimate of between $0.07 and $0.10 per diluted share. Analysts' consensus estimates were $0.09 per share.
You May Also Be Interested In
- Analyst explains why you should buy the dip in this U.S. retail stock
- UBS flags this name, sees "significant potential for stock outperformance"
- ATRenew Inc (RERE) Tops Q2 EPS by 8c ; Offers Guidance
Create E-mail Alert Related Categories
Guidance, Hot List, Retail SalesSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
