Retail Earnings: Wet Seal, The Finish Line Friday, March 25, 11:47 AM ET
Teen retailer Wet Seal (
WTSLA) posted a big drop earnings for its fourth quarter late yesterday.
Net income totaled $5.3 million, or $0.05 per share, compared to $74.2 million, or $0.73 per share, in last yearís fourth quarter.
Adjusted earnings of $0.07 per share were just ahead of analyst forecasts.
Revenue rose 10%, to $165.5 million, on 2.3% same-store sales growth.
Also late yesterday, The Finish Line (NASDAQ:
FINL) posted fourth quarter earnings of $34.3 million, or $0.63 per share, compared to $30.8 million, or $0.56 per share, in last yearís fourth quarter.
Revenue at the athletic shoe retailer rose 2.7%, to $384.6 million, on 4% same-store sales growth.
Adjusted earnings of $0.65 per share met analyst expectations.
For MarketNewsVideo.com, Iím Sayoko Murase.
Wednesday Sector Laggards: Hospital & Medical Practitioners, Rubber & Plastics
Related symbols: KND, UHS, TUP, CSL
Wednesday Sector Leaders: Oil & Gas Exploration & Production, Sporting Goods & Activities
Related symbols: DNR, NOG, TRK, SIX
Tuesday Sector Laggards: Computer Peripherals, Hospital & Medical Practitioners
Related symbols: STX, LOGI, CYH, THC
Wednesday's ETF with Unusual Volume: AIRR
Related symbols: AIRR, HBAN, WNC, MSFG
Wednesday's ETF Movers: XOP, IHI
Related symbols: DNR, OAS, IART, TMO, IHI, XOP
SLV, EVX: Big ETF Outflows
Related symbols: SLV, EVX, WM, RSG
Daily Dividend Report: WFC, ANTM, MPC, DFS, HSY, XOM, MRK
Related symbols: WFC, ANTM, MPC, DFS, HSY, XOM, MRK
Daily Dividend Report: BBT, CMA, HXL, IBM, WPZ, ETN, EXC
Related symbols: BBT, CMA, HXL, IBM, WPZ, ETN, EXC
Daily Dividend Report: STT, SWKS, MXIM, ZION, KO, INTC
Related symbols: STT, SWKS, MXIM, ZION, KO, INTC
Weekly Market Wrap: August 14, 2015
Related symbols: BAC, AMAT, AAPL, S, SYY
Weekly Market Wrap: August 7, 2015
Related symbols: SUNE, BAC, CHK, GRPN, AAPL
Weekly Market Wrap: July 31, 2015
Related symbols: BAC, MU, AAPL, SUNE, FB
Week Ahead Market Report: June 8, 2015
Related symbols: BAC, FTR, AAPL, INTC, MNKD
Week Ahead Market Report: May 18, 2015
Related symbols: BAC, AAPL, VALE, T
Week Ahead Market Report: May 4, 2015
Related symbols: BAC, AAPL, MSFT, ICLD, NOK
All videos » |
Stock market definitions »
Retail Earnings: Wet Seal, The Finish Line
| Market News Video | Copyright © 2008 - 2017, All Rights Reserved
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.