Examples of forward - looking statements include, but are not limited to, statements we make regarding the Company's plans, assumptions, expectations, beliefs and objectives with respect to
store openings and closings; product introductions; sales; sales growth; sales trends;
store traffic; retail prices; gross margin; operating margin; expenses; interest and other expenses,
net; effective income tax rate;
net earnings and
net earnings per share; share
count; inventories; capital expenditures; cash flow; liquidity; currency translation; growth opportunities; litigation outcomes and recovery related thereto; the collectability of amounts due under financing arrangements with diamond mining and exploration companies; and certain ongoing or planned product, marketing, retail, manufacturing, information systems development, upgrades and replacement, and other operational and strategic initiatives.
In fiscal 2012, it had plans to open another 25 to 30
net new Wet Seal
stores while maintaining the same
store count for Arden B. Today, the retailer operates a total of 553
stores, including 470 Wet Seal locations and 83 Arden B locations.