International Business News - WTSLA http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Wet Seal Inc. shares rose in Tuesday afternoon trading after an analyst said the teen retailer is on track to turn around its Arden B. chain, which has suffered from slumping sales. http://www.ibtimes.com/articles/20080513/wet-seal-stock-up-analyst-sees-arden-b-turnaround.htm Tue, 13 May 2008 13:34:17 EDT Teen apparel maker The Wet Seal Inc. on Thursday raised its first-quarter earnings guidance due to better-than-expected cost reductions. The company now expects earnings between 7 cents to 8 cents, up from previous guidance of 4 cents to 6 cents. Analysts polled by Thomson Financial predict a profit of 6 cents per share. http://www.ibtimes.com/articles/20080508/wet-seal-raises-1st-quarter-guidance-above-street-outlook.htm Thu, 08 May 2008 07:40:45 EDT Most retailers reported sluggish sales in March when consumers fretting about mounting economic problems limited their shopping to food and other essentials. As the nation's merchants reported sale... http://www.ibtimes.com/articles/20080410/retailers-post-sluggish-sales-in-march.htm Thu, 10 Apr 2008 08:07:22 EDT Teen apparel retailer Wet Seal Inc. on Thursday said singer Ashlee Simpson will launch a line of tops at the chain, as she prepares to release her new CD "Bittersweet World," on April 22. http://www.ibtimes.com/articles/20080327/ashlee-simpson-to-launch-wet-seal-line.htm Thu, 27 Mar 2008 10:55:08 EDT Wet Seal Inc. said Thursday it expects its fiscal first-quarter profit to come in below analysts' estimates. The women's apparel retailer forecast earnings in a range of 4 cents per share to 6 cents per share on sales between $140.2 million and $143.2 million. http://www.ibtimes.com/articles/20080327/wet-seal-anticipates-lower-1q-profit.htm Thu, 27 Mar 2008 07:42:20 EDT Women's apparel retailer Wet Seal Inc. said Thursday it swung to a fiscal fourth-quarter profit as the prior-year period was weighed down by a large interest expense. http://www.ibtimes.com/articles/20080327/wet-seal-swings-to-4th-quarter-profit.htm Thu, 27 Mar 2008 07:37:39 EDT The nation's retailers got a little reprieve in February, as consumers hesitantly returned to malls and store after retrenching in recent months. Among the big winners was Wal-Mart Stores Inc., whose results beat expectations. Nonetheless, as retailers reported mixed February sales results Thursday, it was clear that consumers struggling with high gas and food prices and a slumping housing market weren't splurging and still focused on necessities. http://www.ibtimes.com/articles/20080306/retailers-get-reprieve-february.htm Thu, 06 Mar 2008 08:21:23 EST Wal-Mart Stores Inc. says that grocery, electronics and health items helped it post solid February sales that exceeded Wall Street expectations. The world's largest retailer's results announced Thursday came despite an overall weak sales trend that has continued into February and shows no sign of improvement. http://www.ibtimes.com/articles/20080306/wal-mart-reports-solid-february-sales.htm Thu, 06 Mar 2008 07:50:39 EST Specialty retailer Wet Seal Inc. said Thursday its same-store sales slid 8.2 percent in February as Arden B sales were hurt by "inventory mix issues." http://www.ibtimes.com/articles/20080306/wet-seal-feb-same-store-sales-slide.htm Thu, 06 Mar 2008 07:23:36 EST