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The Wet Seal, Inc. Announces December Comparable Store Sales Declined 9.7%

The Wet Seal, Inc. (Nasdaq: WTSLA), a leading specialty retailer to young women, reported net sales and comparable store sales for the five-week period ended December 29, 2012, or fiscal December, as follows:

Fiscal December

     

 

        Comparable Store

Net Sales

Sales % Change

 

      % Change

 

     

 

$ in Millions

From Last Year

This Year

Last Year

Wet Seal $ 62.9 -7.2 % -9.4 % -2.5 %
Arden B   10.1 -14.7 % -11.5 % -10.2 %
Total $ 73.0 -8.3 % -9.7 % -3.7 %

E-commerce sales, which are not included in comparable store sales, increased 10.4% in fiscal December.

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