Wet Seal Inc. (WTSLA) said its December total comparable-store sales declined 4.6% compared with a 12.5% decrease last year. Total net sales were down 1.8% to $75.8 million for the five-week period ended January 2, 2010.
Additionally, the company now expects fourth-quarter earnings to be in the range of $0.06 - $0.07 per share, which is within the high end of its prior range of $0.03 - $0.07 per share. On average, 8 analysts polled by Thomson Reuters expected earnings per share of $0.06 for the quarter. Analysts' estimate typically excludes one-time 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.