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Profile – The Wet Seal, Inc.

The Wet Seal is a mall-based specialty retailer of apparel and accessories for young women. As of Apr 3, 2010 the company operated 502 total stores in 47 US states, the District of Columbia and Puerto Rico, including 423 Wet Seal stores and 79 Arden B stores.

Headquarters Foothill Ranch, California
Sector Clothing & Accessories Stores
Primary NAICS Code 448120 – Women’s Clothing Stores
Primary SIC Code 5621 – Women’s Clothing Stores
Fiscal Year 2010 Ends on Jan 29, 2011
2009 Net Sales $ 560.9 Million
2009 Net Income $ 93.4 Million
Store Count* 502
Total Store Sq Ft** 1,918,309
Employees** 6,148

*as of 4/3/10     **as of 1/30/10




Financial Summary
2009 2008 YoY % Chg 3 YR CAGR 5 YR CAGR
Net Sales (1,000′s) $ 560,918 $ 592,960 -5.4% -0.2% 5.2%
Same-Store Sales Chg -7.1% -8.5%
Net Income (1,000′s) $ 93,430 $ 30,154 209.8% N/A N/A
Diluted EPS $ 0.92 $ 0.30 206.7% N/A N/A
Store Count 504 496 1.6% 5.4% 0.1%
Store Sq Ft (1,000s) 1,918 1,879 2.1% 6.0% 0.0%
Employees 6,148 5,896 4.3% 2.7% 2.5%
Advertising Spend (1,000s) $ 2,400 $ 3,200 -25.0% -27.5% -21.8%




Fiscal Year Net Sales by Segment (as % of Total)
2009 2008 2007
Wet Seal 83.0% 82.8% 78.3%
Arden B 17.0% 17.2% 21.7%

Wet Seal - 2009 Net Sales by Segment


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