First quarter earnings for The Wet Seal Inc. (Nasdaq: WTSLA) plunged to 5 cents per share from 44 cents per share in the year ago period as revenue fell and the women's apparel retailer warned that second quarter results will miss estimates. The stock price dropped 60 cents to $3.08.
Earnings Plunge For Wet Seal
May 29, 2009 at 13:58 PM EDT