(Source: Business Wire)

The Wet Seal, Inc. (Nasdaq: WTSLA), a leading specialty retailer to
young women, reported net sales and comparable store sales for the
five-week period ended October 3, 2009, or fiscal September, as follows:
Net Sales Comparable Store Sales % Change
$ in Millions % Change From Last Year This Year Last Year
Wet Seal $ 41.3 -0.3 % -5.3 % -3.1 %
Arden B 8.8 -8.7 % -1.1 % -21.7 %
Total $ 50.1 -1.9 % -4.5 % -7.5 %
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Ed Thomas, president and chief executive officer of The Wet Seal, Inc.,
commented: "As we expected, early September comparable store sales
benefited from Labor Day shifting one week later this year versus last
year, which resulted in a similar one-week shift in back-to-school
shopping."
Mr. Thomas continued, "Our comparable store sales expectations for the
third quarter remain within our initial guidance range, and we also
currently expect earnings per diluted share for the quarter to remain
within our initial guidance range of $0.02 to $0.05. We are comfortable
with inventory levels at both of our operating divisions and expect to
be well-positioned as we enter the holiday season."
About Wet Seal
Headquartered in Foothill Ranch, California, The Wet Seal, Inc. is a
leading specialty retailer of fashionable and contemporary apparel and
accessory items. As of October 3, 2009, the Company operated a total of
500 stores in 47 states, the District of Columbia and Puerto Rico,
including 420 Wet Seal stores and 80 Arden B stores. The Company's
products can also be purchased online at www.wetseal.com
or www.ardenb.com.
For more company information, visit www.wetsealinc.com.
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 expected comparable store sales and earnings
per diluted share for the fiscal third quarter of 2009, inventory
positions entering the holiday season and 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 Securities and
Exchange Commission. This news release contains results reflecting
partial year data and non-fiscal data that may not be indicative of
results for similar future periods or for the full year. The Company
will not undertake to publicly update or revise its forward-looking
statements even if experience or future changes make it clear that any
projected results expressed or implied therein will not be realized.
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