US: Wet Seal sees fourth-quarter profit drop
By Petah Marian | 23 March 2012
The Wet Seal recorded a sharp drop in fourth-quarter net profit as sales fell over the period.
Join now for increased access
There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.
If you're already a member, login here.
More articles related to this one
US: Wet Seal adds directors and drops rights plan
Teen fashion retailer The Wet Seal Inc has ended a "poison pill" shareholder rights plan recently adopted to defend itself against potential takeovers, and says it hopes to reach a "reasonable compromise" with dissident stockholder Clinton Group.
US: Wet Seal urges shareholders to postpone board change
The Wet Seal has called on shareholders to postpone making a decision on calls by the Clinton Group to replace its board before the holiday season.
August sales boosted by strong back-to-school shopping
US retail sales in August were boosted by back-to-school shoppers, with most retailers booking sales gains over the month.