Women’s Wear Daily
04.20.2014
financial
financial

Comp-Store Declines Lead Wet Seal to Loss

NEW YORK — Same-store sales declines of 18 percent made a fourth-quarter loss inescapable for teen retailer Wet Seal Inc.Weak sales and an aftertax charge of $5.7 million, or 19 cents a share, for inventory write-downs drove the Foothill...

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