Bebe Stores, Inc. (BEBE) reported a fourth quarter loss of $0.32 million or breakeven per share, compared to a profit of $16.0 million or $0.18 per share in the prior year period.
On average, 13 analysts polled by Thomson Reuters expected the company to report earnings of $0.01 per share. Analysts' estimates typically exclude special items.
Net sales for the fourth quarter were $130.2 million, down 24% from $171.5 million in last year period. Same store sales for the quarter decreased 29.6%.
Wall Street analysts expected revenues of $129.42 million for the quarter.
Looking forward, for the fiscal 2010 first quarter, earnings per share before write-offs are estimated to be in the range of breakeven per share to a loss per share of $0.05. Street analysts expect earnings of $0.04 per share. Comparable stores sales are estimated to be less negative than the incoming trend and depending on actual markdowns.
For fiscal 2010, the Company anticipates opening six bebe stores, expanding one bebe store and closing up to thirteen stores resulting in an approximate square footage reduction of 1%.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.