The Wet Seal, Inc. (WTSLA) said its same-store sales for the month of January slid 3.7% and net sales declined 2.5% to $30.9 million.
For the fourth quarter, comparable store sales fell 4.5%, while net sales slipped 2.5% to $151 million. The Street had expected sales of $151.41 million.
For the quarter, the company foresees earnings in the range of $0.08 - $0.09 per share, higher than its prior guidance range of $0.06 - $0.07 per share. Analysts polled by Thomson Reuters expect earnings per share of $0.06. Analysts' estimates typically exclude special items.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.