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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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November 25, 2014
09:20 EDTWTSLOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Signet Jewelers (SIG), up 2.6%... Tiffany (TIF), up 4.8%... Nuance Communications (NUAN), up 5.1%... Brown Shoe (BWS), up 6.6%... Cracker Barrel (CBRL), up 3.1%... Qihoo 360 (QIHU), up 5.8%... DSW (DSW), up 7.3%. ALSO HIGHER: SinoCoking Coal (SCOK), up 27.9% after aboveground facility operating at 100% capacity. DOWN AFTER EARNINGS: Xcerra (XCRA), down 7.4%... Workday (WDAY), down 8.4%... Brocade (BRCD), down 3.8%... Post (POST), down 7.5%. ALSO LOWER: Wet Seal (WTSL), down 15.8% after announcing that it has not set a timetable for review of strategic and financial alternatives... Medgenics (MDGN), down 11.1% after 5.125M share Spot Secondary priced at $4.10... Pandora (P), down 3.7% after being downgraded to Underperform from Market Perform at FBR Capital... Cyberark Software (CYBR), down 3.7% after receiving multiple downgrades.
November 24, 2014
16:18 EDTWTSLWet Seal retains William Langsdorf as senior advisor to finance team
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November 20, 2014
16:33 EDTWTSLWet Seal names Thomas Hillebrandt Interim CFO
Wet Seal announced that Thomas R. Hillebrandt will assume the role of Interim CFO, effective December 1, concurrent with the previously announced resignation of Steven H. Benrubi, the company’s current CFO. Hillebrandt has served as vice president and corporate controller at Wet Seal since September 2013.
November 19, 2014
15:39 EDTWTSLWet Seal urged by Clinton Group to engage alternate lenders, explore other deals
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November 17, 2014
05:44 EDTWTSLWet Seal downgraded to Neutral from Buy at B. Riley
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