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Outlook roundup: Wet Seal, Cato



By AP
10 July 2008 @ 10:27 am EST

Among the earnings projection stories for Thursday, July 10, from AP Financial News:

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WTSLA 3.1 -0.16
CTR 13.85 -0.85

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FOOTHILL RANCH, Calif. (AP)--Teen apparel retailer The Wet Seal Inc. on Thursday lowered its second-quarter profit outlook because of a one-time interest charge, but slightly raised its forecast for adjusted profit.

CHARLOTTE, N.C. (AP)--Women's apparel retailer Cato Corp. on Thursday raised its second-quarter outlook due to strong same-store sales in June.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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