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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 28, 2012 the company operated 553 total stores in 47 U.S. states, the District of Columbia and Puerto Rico, including 469 Wet Seal stores and 84 Arden B stores, as well as wetseal.com and ardenb.com.

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 2012 Ends on Feb 2, 2013
2011 Net Sales $ 620.1 Million
2011 E-Commerce Sales $ 33.8 Million
2011 Net Income $ 15.1 Million
Store Count* 553
Total Store Sq Ft* 2,142,000
Employees** 7,283

*as of 4/28/12     **as of 1/28/12




Financial Summary
2011 2010 YoY % Chg 3 YR CAGR 5 YR CAGR
Net Sales (1,000′s) $ 620,097 $ 581,194 6.7% 1.5% 1.9%
Same-Store Sales Chg 2.0% 0.0%
E-Commerce Sales (1,000s) $ 33,815 $ 38,215 -11.5% 5.1% 16.4%
Operating Income (1,000′s) $ 25,000 $ 25,247 -1.0% -8.0% 10.7%
Net Income (1,000′s) $ 15,082 $ 12,570 20.0% -20.6% N/A
Diluted EPS $ 0.16 $ 0.12 33.3% -18.9% N/A
Store Count 558 533 4.7% 4.0% 5.3%
Store Sq Ft (1,000s) 2,153 2,043 5.4% 4.6% 5.9%
Employees 7,283 6,892 5.7% 7.3% 5.1%
Advertising Spend (1,000s) $ 4,600 $ 3,600 27.8% 12.9% -6.1%

Wet Seal - Compound Annual Growth Rates



Fiscal Year Net Sales by Segment (as % of Total)
2011 2010 2009
Wet Seal 84.8% 83.8% 83.0%
Arden B 15.2% 16.2% 17.0%

Wet Seal - 2011 Net Sales by Segment


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