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Wet Seal key sales figure falls in 1st quarter

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FOOTHILL RANCH, Calif. (AP) — Wet Seal Inc. said Thursday that its revenue at stores open at least a year fell 2.9 percent in the first-quarter as the company tries to match the changing tastes of fickle teens. Despite the decline in the key revenue indicator, the results exceeded expectations and the company raised its guidance. The company also said it is resolving a discrimination lawsuit...

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