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May 28, 2014
07:29 EDTWTSLWet Seal near-term catalysts limited, says Brean Capital
Brean Capital remains buyers of Wet Seal but realizes that near-term catalysts will be limited. The firm lowered its estimates to reflect weaker than expected guidance but remains positive on the closing of the Arden B. chain, the strengthening e-commerce channel, and a shift to a high-low strategy to drive traffic. The firm maintains its Buy rating and $2.00 price target on the shares.
News For WTSL From The Last 14 Days
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December 11, 2014
07:59 EDTWTSLWet Seal plunges after warning on potential for bankruptcy
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December 10, 2014
18:31 EDTWTSLOn The Fly: After Hours Movers
UP AFTER EARNINGS: Restoration Hardware (RH), up 5.9%... Casey's General Stores (CASY), up 1.6%. ALSO HIGHER: Walgreen (WAG), up 1.7% after CEO Greg Wasson announces intention to retire after Alliance merger. DOWN AFTER EARNINGS: Wet Seal (WTSL), down 38.9%... Lakeland Industries (LAKE), down 8.2%... Men's Wearhouse (MW), down fractionally. ALSO LOWER: Burlington Stores (BURL), down 1.4% after filing to sell 8M shares of common stock for holders... Nielsen (NLSN), down 1.9% after filing to sell 20M shares of common stock for holders.
16:17 EDTWTSLWet Seal reports Q3 adjusted EPS (28c), consensus (26c)
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15:25 EDTWTSLNotable companies reporting after market close
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