bebe stores inc. (BEBE) reported a first-quarter net loss of $4.182 million or $0.05 per share compared to profit of $11.205 million or $0.12 per share last year.
On average, 13 analysts polled by Thomson Reuters expected the company to report a loss of $0.03 per share for the quarter. Analysts' estimates typically exclude special items.
Net sales decreased to $125.659 million from $163.260 million last year. Analysts expected revenue of $125.73 million for the quarter.
Same store sales decreased 25.7%.
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