The Company today issued the following statement:"November comparable store sales were modestly ahead of our expectations. Our continued re-merchandising efforts at Wet Seal drove sequential improvement in sales trend as the month progressed. We have cleared through the majority of our back-to-school and fall inventories and expect to clear through the remainder by early December. We are also seeing encouraging signs of regaining our long-time customers and believe we will continue to do so as we make further enhancements to our merchandise assortments to align with their fashion tastes.
The Wet Seal, Inc. Announces November Comparable Store Sales Declined 5.4%
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.