Bebe Stores Inc. (BEBE) reported second quarter EPS of $0.03 after the close Thursday, down from $0.08 in the prior year period. The consensus estimate was for EPS of $0.01. The company expects to report a third quarter EPS loss between $0.05 and $0.00, compared to the consensus estimate of a loss of $0.03.
Bebe Stores Inc. gapped open higher Friday, but traded in a range for the majority of the session. Shares finished up by $0.83 at $7.11 on the highest volume of the year. The stock rose to nearly a 4-month high and re-crossed its 200-day moving average.
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