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Stock Market & Financial Investment News

News Breaks
May 27, 2014
16:07 EDTWTSLWet Seal reports Q1 adjusted EPS (18c), consensus (18c)
Reports Q1 revenue $116.7M, consensus $117.46M. Consolidated comparable store sales declined 16.9%, including a decline of 16.5% at Wet Seal and 19.4% at Arden B. Comparable store sales results include e-commerce, which alone increased 1.9%, including an 8.4% increase at Wet Seal, offset by a 20.0% decrease at Arden B.
News For WTSL From The Last 14 Days
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September 11, 2014
10:00 EDTWTSLOn The Fly: Analyst Upgrade Summary
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09:18 EDTWTSLOn The Fly: Pre-market Movers
UP AFTER EARNINGS: lululemon (LULU), up 15%... Sigma Designs (SIGM), up 7%. ALSO HIGHER: JDSU (JDSU), up 13.8% after announcing that it will separate into two publicly traded companies... Wet Seal (WTSL), up 4.5%, upgraded at B. Riley following Q2 earnings results... Gogo (GOGO), up 5% after announcing partnership with T-Mobile (TMUS)... Digital Ally (DGLY), up 8.4% after announcing plans to introduce "bullet camera" option at October police conference. DOWN AFTER EARNINGS: Restoration Hardware (RH), down 5%... Five Below (FIVE), down 5.6%. LOWER: Radio Shack (RSH), down 8% after reporting Q2 losses, stating that it may need to pursue bankruptcy... E2open (EOPN), down 29%, downgraded at Pacific Crest and Northland after the company announced preliminary Q2 earnings results... Twitter (TWTR), down 1% after announcing that it will offer $1.3B in convertible unsecured senior notes... Crocs (CROX), down 2.6% after downgraded at Buckingham... Macy's (M), down 1.3% after downgraded at Sterne Agee.
06:33 EDTWTSLWet Seal upgraded to Buy from Neutral at B. Riley
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September 10, 2014
16:13 EDTWTSLWet Seal sees Q3 adjusted EPS (22c)-(28c), consensus (12c)
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16:10 EDTWTSLWet Seal reports Q2 non-GAAP EPS (15c), consensus (9c)
Reports Q2 revenue $121.2M, consensus $123.88M. Consolidated SSS declined 12.4%, including a decline of 11.1% at Wet Seal and a decline of 22.8% at Arden B during the wind down of that business. SSS results include e-commerce, which alone increased 11.4%, reflecting a 25.1% increase at Wet Seal, offset by a 24.6% decrease at Arden B during its wind down.
16:01 EDTWTSLWet Seal trading halted, pending news
15:50 EDTWTSLNotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include Restoration Hardware (RH), consensus 64c; Men's Wearhouse (MW), consensus $1.06; Five Below (FIVE), consensus 14c; Sigma Designs (SIGM), consensus (8c); Wet Seal (WTSL), consensus (9c).

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