Comparable Store Sales
$ in Millions
% Change From
"At Wet Seal, our shorts, skirts and overall bottoms business, as well as dresses and shoes, performed well, while tops and jewelry sales declined. In tops, we are in the process of adding more fashion and party looks to complement our stronger fashion basic tops business. In light of our recent business trend, we remain cautious about near term sales expectations.
"At Arden B, bottoms, fashion dresses and jewelry performed well, while our tops business declined. We remain focused on maintaining a strong dress business while building strength in the bottoms category. In addition, we are working to improve our tops assortment, which we expect will provide more compelling outfitting solutions for our customer.
"For the month, E-commerce sales declined 17%, as we continue our strategic efforts to transition to a higher penetration of full-price selling online and better align merchandising in this channel with our stores."
SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT
OF 1995: This news release contains forward-looking statements as that
term is defined in the Private Securities Litigation Reform Act of 1995.
These forward-looking statements include, but are not limited to,
statements that relate to the Company's near term sales expectations, as
well as the intent, belief, plans or expectations of the Company or its
management. All forward-looking statements made by the Company involve
material risks and uncertainties and are subject to change based on
factors beyond the Company's control. Accordingly, the Company's future
performance and financial results may differ materially from those
expressed or implied in any such forward-looking statements. Such
factors include, but are not limited to, those described in the
Company's filings with the
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