The Wet Seal, Inc. (NASDAQ:WTSL), a leading specialty retailer to young women, on 25 April announced that it will begin winding down its Arden B brand. Arden B currently operates 54 mall-based stores and an e-commerce web site, www.ardenb.com. In the fiscal year ended February 1, 2014, Arden B generated net sales of $60.4 million and represented 11% of consolidated net sales.
The Wet Seal, Inc. (NASDAQ:WTSL) shares after opening at $1.20 moved to $1.27 on last trade day and at the end of the day closed at $1.25. Company price to sales ratio in past twelve months was calculated as 0.20 and price to cash ratio as 2.29. The Wet Seal, Inc. (NASDAQ:WTSL) showed a positive weekly performance of 6.84%.
In the midst of a struggling turnaround attempt, Body Central Corp. (NASDAQ:BODY) has retained a mergers and acquisitions firm to help it weigh its options, which could include selling the company. Body Central Corp (NASDAQ:BODY) shares advanced 11.50% in last trading session and ended the day on $1.26. BODY return on equity ratio is recorded as -49.90% and its return on assets is -31.00%. Body Central Corp (NASDAQ:BODY) yearly performance is -87.31%.
Gordmans Stores, Inc. (NASDAQ:GMAN) on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Multiline Retail industry. The net income has significantly decreased by 65.6% when compared to the same quarter one year ago, falling from $7.94 million to $2.73 million. Gordmans Stores, Inc. (NASDAQ:GMAN) shares moved up 6.07% in last trading session and was closed at $4.72, while trading in range of $4.61 – $4.98. Gordmans Stores, Inc. (NASDAQ:GMAN) year to date (YTD) performance is -38.46%.
Pacific Sunwear of California Inc. (NASDAQ:PSUN) posted a fiscal fourth-quarter net loss of $22.5 million, or 33 cents a share, compared with a year-ago net loss of $19.9 million, or 29 cents a share. Adjusted to exclude one-time items, the company lost $11.8 million, or 17 cents a share. Pacific Sunwear of California, Inc. (NASDAQ:PSUN) weekly performance is 1.08%. On last trading day company shares ended up $2.81. Pacific Sunwear of California, Inc. (NASDAQ:PSUN) distance from 50-day simple moving average (SMA50) is -2.44%. Analysts mean target price for the company is $3.80.
Cache, Inc. (NASDAQ:CACH) Net sales were $55.8 million, compared to $60.8 million in the fourth quarter of fiscal 2012 and comparable store sales decreased 5.9%. Cache, Inc. (NASDAQ:CACH) shares after opening at $2.77 moved to $2.83 on last trade day and at the end of the day closed at $2.51. Company price to sales ratio in past twelve months was calculated as 0.25 and price to cash ratio as 12.06. Cache, Inc. (NASDAQ:CACH) showed a negative weekly performance of -22.29%.
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