The Wet Seal, Inc. Announces November Comparable Store Sales Declined 5.4%
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 November 24, 2012, or fiscal November, as follows:
Fiscal November
| Net Sales | Comparable Store Sales % Change | |||||||||||||||||
| $ in Millions | % Change FromLast Year | This Year | Last Year | |||||||||||||||
| Wet Seal | $ | 42.4 | -3.2 | % | -5.1 | % | -1.8 | % | ||||||||||
| Arden B | 6.4 | -12.8 | % | -6.9 | % | -11.2 | % | |||||||||||
| Total | $ | 48.8 | -4.6 | % | -5.4 | % | -3.1 | % | ||||||||||
E-commerce sales, which are not included in comparable store sales, increased 7.2% in fiscal November.
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