Former Wet Seal posts $219 operating loss for November on zero sales

By Mark Reccek

Bethlehem, Pa., Dec. 7 – Seal123, Inc., formerly Wet Seal, Inc., posted an operating loss of $219 for November on zero sales, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the District of Delaware.

For October, the company reported a $131 operating loss, also on zero sales.

Seal123’s net loss for November was also $219, up from a $131 October net loss.

The company also held $7,712 in cash and cash equivalents as of Nov. 30, down from $7,931 at the end of October.

Wet Seal, a Foothill Ranch, Calif.-based clothing retailer, filed for bankruptcy on Jan. 15, 2015 under Chapter 11 case number 15-10081.

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