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Wednesday, 08/22/2012 10:51:52 AM

Wednesday, August 22, 2012 10:51:52 AM

Post# of 531
WSTLA (-14.05%) Wet Seal Suffers Loss on Lower Sales

By Zacks Equity Research

Wet Seal Inc. (WTSLA) reported second quarter fiscal 2012 loss of 7 cents per share compared to year-ago quarter’s earnings of 3 cents per share. The loss was in line with the Zacks Consensus Loss Estimate, but was narrower than management’s guidance range of a loss of 9 cents to 10 cents. The loss resulted from a decline in sales and margins...

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