The Wet Seal, Inc. Announces October Comparable Store Sales Declined 7.6%

The Wet Seal, Inc. (Nasdaq: WTSLA), a leading specialty retailer to young women, reported net sales and comparable store sales for the four-week period ended October 27, 2012, or fiscal October, and the fiscal third quarter ended October 27, 2012, as follows:

Fiscal October
				Net Sales								Comparable Store Sales% Change
				$ in Millions				% Change FromLast Year				This Year				Last Year
Wet Seal				$	33.0			-3.6	%			-6.9	%			-9.9	%
Arden B					5.5			-13.4	%			-11.5	%			-8.6	%
Total				$	38.5			-5.1	%			-7.6	%			-9.7	%

Fiscal Third Quarter
				Net Sales								Comparable Store Sales% Change
				$ in Millions				% Change FromLast Year				This Year				Last Year
Wet Seal				$	117.9			-10.2	%			-13.5	%			-0.1	%
Arden B					17.6			-15.7	%			-13.8	%			-6.3	%
Total				$	135.5			-10.9	%			-13.5	%			-0.9	%

E-commerce sales, which are not included in comparable store sales, increased 9.8% and 8.7% in fiscal October and the fiscal third quarter, respectively.

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