Wet Seal Inc declares Nov same store sales boost 51.5%
02 Dec '05
2 min read
Trendy young women's apparel retailer Wet Seal Inc reported net sales for the four-week period ended November 26, 2005 of $41.3 million, compared with net sales of $33.8 million for the same period last year, an increase of 22.3 percent.
Comparable store sales increased 51.5 percent for the four-week period ended November 26, 2005, compared with a decline of 19.5 percent for the same period a year ago.
Net sales for the 43-week period ended November 26, 2005 were $400.7 million, compared with net sales of $350.1 million for the same period last year, a 14.5 percent increase. Comparable store sales increased 45.4 percent for the 43-week period ended November 26, 2005, compared with a decline of 14.1 percent for the same period a year ago.
During the four-week period ended November 26, 2005, the Company did not open or close any Wet Seal or Arden B. stores. At November 26, 2005, the Company operated 309 Wet Seal stores and 93 Arden B. stores.
Wet Seal Inc is confident in his abilities to help us execute strategy Headquartered in Foothill Ranch, California, The Wet Seal Inc is a leading specialty retailer of fashionable and contemporary apparel and accessory items.
The Company currently operates a total of 402 stores in 46 states, the District of Columbia and Puerto Rico, including 309 Wet Seal stores and 93 Arden B. stores. The Company's products can also be purchased online at www.wetseal.com or www.ardenb.com.
marketing@alchempro.com
