Items Tagged with 'WTSLA'

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WTSLA Reports Second Quarter Net Sales of $135.3 Million

Wet Seal Second Quarter Financials Released

On August 21, 2012, The Wet Seal, Inc. (Nasdaq: WTSLA), a leading specialty retailer to young women, announced results for its fiscal second quarter ended July 28, 2012 and provided its financial outlook for the third quarter of fiscal 2012.


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WTSLA Terminates CEO Susan McGalla

The Wet Seal, Inc. Announced CEO Departure

On July 23, 2012, The Wet Seal, Inc. (Nasdaq: WTSLA), a leading specialty retailer to young women, announced that its Board of Directors has terminated the employment of the Company’s Chief Executive Officer, Susan McGalla, effective immediately.


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WTSLA Announces June Comparable Store Sales Decrease

Wet Seal June Sales Reported

On July 5, 2012, The Wet Seal, Inc. (Nasdaq: WTSLA) reported net sales and comparable store sales for fiscal June 2012.


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WTSLA Predicts $0.03-$0.06 Loss per Share

Wet Seal Financials Announced

On May 22, 2012, Wet Seal, Inc. (Nasdaq: WTSLA) announced results for its fiscal first quarter ended April 28, 2012, and introduced guidance for the second quarter of fiscal 2012.


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WTSLA Announces Sales Decline

Wet Seal Sales Reported

On May 3, 2012, Wet Seal, Inc. (Nasdaq: WTSLA) reported net sales and comparable store sales for the four-week period ended April 28, 2012, or fiscal April, and the fiscal first quarter ended April 28, 2012.


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WTSLA Sales Decrease 4%

Wet Seal Sales Reported

On April 5, 2012, the Wet Seal, Inc. (Nasdaq: WTSLA) reported net sales and comparable store sales for fiscal March 2012.


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WTSLA Annual Sales Up

Wet Seal Financials Released

On March 22, 2012, Wet Seal, Inc. (Nasdaq: WTSLA) announced results for its fiscal fourth quarter and full year ended January 28, 2012, and introduced guidance for the first quarter of fiscal 2012.


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Wet Seal Sales Reported

On January 5, 2012, The Wet Seal, Inc. (Nasdaq: WTSLA) reported net sales and comparable store sales for the five-week period ended December 31, 2011, or fiscal December.


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Wet Seal Sales Reported

On December 1, 2011, The Wet Seal, Inc. (Nasdaq: WTSLA) reported net sales and comparable store sales for the four-week period ended November 26, 2011, or fiscal November, as follows.


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Wet Seal Financials Announced

On November 17, 2011, The Wet Seal, Inc. (Nasdaq: WTSLA) announced results for its fiscal third quarter ended October 29, 2011.


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George Putnam's Favorite Stocks for 2016

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Distressed Investing Blog

Distressed Investing Blog

Focus on Core Business Operations

Selecting a turnaround stock with solid profit potential can almost be considered an art form in itself. As noted in our other distressed investing blog entries there are many factors to evaluate to determine the real possibilities in any turnaround situation, and here is one more: Look for solid core businesses. Read More.

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  • The Turnaround Letter's 15-year returns were 11.3%--vs. S&P's 4.4%
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Banking on a Financial Sector Turnaround

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MoneyShow.com recently tapped George's favorable opinion for a banking industry rebound. In "Turnaround Expert's Banking Bets," Steve Halpern highlights a trio of Putnam's top stock picks from the battered financial sector.

 

George reminds value investors: "Fortunately, many of the factors...just aren't present in the market, and the other reason that investors seem to be down on the banks is they sort of expected the Fed to raise interest rates a little faster than they have. And the banks do better when interest rates are rising because they have wider margins on their loans, but I think the Fed will gradually raise rates to we will see profits improve, and so I think this downturn is really temporary."

 

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