Troubled female teen retailer The Wet Seal lowered its projected increase for December same-store sales to a range of 1% to 3% Wednesday (20 December).

The company had earlier estimated same-store growth of low- to mid-single digits during the month.

Wet Seal is based in Foothill Ranch, California, and operates 338 Wet Seal stores and another 94 under the Arden B brand.

By Arnold J Karr.