The Wet Seal, LLC is known as a pioneer in fast fashion apparel, footwear and accessories designed for young women of all sizes through retail stores nationwide, as well as a highly active e-commerce website. The company currently operates 171 stores in 41 states and an e-commerce business. We are constantly looking for driven and passionate people to bring their own unique talents and skills to our team. In addition to a great working environment, we offer competitive pay, a comprehensive benefits package, and bonuses for eligible store and headquarters employees. If you are interested in becoming part of our team, we look forward to hearing from you! Fun. Fresh. Fashion. 24/7
Type
Private
HQ
Lake Forest, US
Founded
1990
Size (employees)
1,189 (est)
Wet Seal was founded in 1990 and is headquartered in Lake Forest, US
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Wet Seal Office Locations

Wet Seal has offices in Columbus, Springfield, Providence, Tallahassee and in 40 other locations
Lake Forest, US (HQ)
26972 Burbank
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Wet Seal Financials and Metrics

Summary Metrics

Founding Date

1990
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Wet Seal Financials

Wet Seal's revenue was reported to be $530.13 m in FY, 2013
USD

Revenue (Q1, 2014)

116.7 m

Gross profit (Q1, 2014)

23.1 m

Gross profit margin (Q1, 2014), %

19.8%

Net income (Q1, 2014)

(21.8 m)

EBIT (Q1, 2014)

(21.7 m)

Cash (5-Mar-2014)

51.6 m
Annual
USDFY, 2013

Revenue

530.1 m

Cost of goods sold

394.9 m

Gross profit

135.2 m

Gross profit Margin, %

26%
Quarterly
USDQ3, 2013Q3, 2014Q2, 2014Q1, 2014

Revenue

127.7 m104.3 m121.2 m116.7 m

Cost of goods sold

98.7 m90 m94.8 m93.6 m

Gross profit

28.9 m14.3 m26.4 m23.1 m

Gross profit Margin, %

23%14%22%20%
Annual
USDFY, 2013

Cash

38.8 m

Accounts Receivable

3.2 m

Inventories

12.7 m

Current Assets

93.5 m
Quarterly
USDQ3, 2013Q3, 2014Q2, 2014Q1, 2014

Cash

30.1 m19.1 m40.3 m51.6 m

Accounts Receivable

2.7 m1.5 m2.4 m2.8 m

Current Assets

124.6 m65.4 m95 m107.8 m

Total Assets

191.5 m92.9 m133.5 m159.9 m
Annual
USDFY, 2013

Net Income

(38.4 m)

Depreciation and Amortization

13.7 m

Inventories

594 k
Quarterly
USDQ3, 2013Q3, 2014Q2, 2014Q1, 2014

Net Income

(14.9 m)(35.9 m)(22 m)(21.8 m)
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Wet Seal Online and Social Media Presence

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