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Last $0.0070 USD
Change Today +0.0003 / 4.48%
Volume 1.4M
WTSLQ On Other Exchanges
Symbol
Exchange
OTC US
As of 8:10 PM 03/27/15 All times are local (Market data is delayed by at least 15 minutes).

wet seal inc/the-class a (WTSLQ) Snapshot

Open
$0.0070
Previous Close
$0.0067
Day High
$0.0098
Day Low
$0.0062
52 Week High
04/1/14 - $1.37
52 Week Low
03/23/15 - $0.0056
Market Cap
590.5K
Average Volume 10 Days
1.9M
EPS TTM
$-0.80
Shares Outstanding
84.4M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for WET SEAL INC/THE-CLASS A (WTSLQ)

wet seal inc/the-class a (WTSLQ) Related Businessweek News

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wet seal inc/the-class a (WTSLQ) Details

The Wet Seal, Inc., a multi-channel specialty retailer, operates stores that sell fashionable and contemporary apparel and accessory items for female consumers. It operates in two segments, Wet Seal and Arden B. The Wet Seal segment offers fashion apparel and accessories for girls through its Wet Seal stores. The Arden B segment provides contemporary fashion apparel, dresses, sportswear separates, and accessories for the contemporary woman through its Arden B stores. The company also operates Web-based stores under the wetseal.com and ardenb.com names. As of May 27, 2014, it operated 532 stores in 47 states and Puerto Rico. The Wet Seal, Inc. was founded in 1962 and is based in Foothill Ranch, California.

1,698 Employees
Last Reported Date: 03/27/14
Founded in 1962

wet seal inc/the-class a (WTSLQ) Top Compensated Officers

Senior Vice President and General Merchandisi...
Total Annual Compensation: $345.2K
Senior Vice President and General Merchandisi...
Total Annual Compensation: $345.2K
Compensation as of Fiscal Year 2013.

wet seal inc/the-class a (WTSLQ) Key Developments

The Wet Seal, Inc.(NasdaqGS:WTSL) dropped from NASDAQ Composite Index

The Wet Seal, Inc. will be removed from NASDAQ Composite Index.

Wet Seal Announces Closing of 338 Retail Stores

The Wet Seal, Inc. has announced the closing of 338 retail stores. The Company decided to proceed with the store closures after assessing its overall financial condition and the company's inability to successfully negotiate meaningful concessions from its landlords.

The Wet Seal Receives Non-Compliance Notice From NASDAQ

On January 16, 2015, The Wet Seal, Inc. received a notification letter (Notice) from The Nasdaq Stock Market LLC (NASDAQ) indicating that in accordance with Listing Rules 5101, 5110(b), and IM-5101-1, NASDAQ had determined that the Company’s securities will be delisted from The Nasdaq Stock Market, and that, unless the Company appeals the determination, trading of the Company’s Class A common stock will be suspended at the opening of business on January 27, 2015 and a Form 25-NSE will be filed with the Securities and Exchange Commission which will remove the Company’s common stock from listing and registration on The Nasdaq Stock Market. NASDAQ’s determination was based on (i) the Company’s previously disclosed Chapter 11 bankruptcy filing and the resulting public interest concerns raised, (ii) concerns regarding the residual equity interest of the existing listed securities holders and (iii) concerns about the Company’s ability to regain and maintain compliance with all of requirements for continued listing on The Nasdaq Stock Market. The Company does not intend to appeal the delisting determination. As a result, it is expected that the Company’s Class A common stock will be delisted from The Nasdaq Stock Market.

 

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