NEW YORK (TheStreet) -- Retailers are mixed on the back of some contradictory holiday outlooks.
Wet Seal(WTSLA Quote) is, so far, one of the day's biggest decliners in the sector, tumbling 8.6% to $3.02. On Thursday, the teen retailer posted a 33% drop in third-quarter profit, as same-store sales sank 6.2%. And heading into the holiday season things don't look much merrier. For the fourth quarter Wet Seal only expects to earn between 3 cents and 7 cents a share, below estimates of 8 cents.| Most Popular Apple's Decade: How It Can Hit $500 |
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