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- The Wet Seal, Inc. Announces November 2009 Comparable Store Sales
The Wet Seal, Inc. Announces November 2009 Comparable Store Sales
- By Maxamillion Blick
- Published 12/3/2009
- Wet Seal
- Unrated
Maxamillion Blick
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|
Net Sales |
Comparable Store Sales
% Change | |||||||||||||||
|
$ in Millions |
% Change From |
This Year |
Last Year | |||||||||||||
| Wet Seal | $ | 36.6 | -2.5 | % | -5.8 | % | -9.7 | % | ||||||||
| Arden B | 7.8 | -8.7 | % | -1.5 | % | -27.9 | % | |||||||||
| Total | $ | 44.4 | -3.6 | % | -5.0 | % | -13.9 | % | ||||||||
Ed Thomas, president and chief executive officer of The Wet Seal, Inc., commented: "After experiencing a slow start to the month, we were encouraged by improved comparable store sales performance over the Thanksgiving holiday weekend in our Wet Seal division. Promotional levels through November remained consistent with our expectations at Wet Seal and Arden B, and we are pleased with our inventory positions in both operating divisions going into December."
About Wet Seal
Headquartered in Foothill Ranch, California, The Wet Seal, Inc. is a leading specialty retailer of fashionable and contemporary apparel and accessory items. As of November 28, 2009, the Company operated a total of 504 stores in 47 states, the District of Columbia and Puerto Rico, including 424 Wet Seal stores and 80 Arden B stores. The Company's products can also be purchased online at www.wetseal.com or www.ardenb.com. For more company information, visit www.wetsealinc.com.
