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current news

Bebe Cites 23.1% 3Q Sales Drop

(Filed Under Financial and General Interest News). Bebe Stores, Inc, a women’s apparel and accessories brand producing intimates under its Bebe Boudoir sub-brand, as well as activewear, cited a 23.1 percent drop in retail sales during the second quarter ended January 2nd, 2010, to $135.5 million from $176.3 million during last year’s comparable period. Comparable store sales dropped 22.5 percent compared to 20.1 percent last year. Beginning in November of fiscal 2010 comparable store sales exclude the company’s 62 PH8 stores, due to the previously-announced conversion of all BEBE SPORT stores to PH8 stores.

Bebe stores, Inc. markets its merchandise under the bebe, PH8 and 2b bebe brand names. The retailer currently operates 209 stores in the United States, U.S. Virgin Islands, Puerto Rico and Canada. For further information, contact Walter Parks, chief operating officer at (415) 715-3900.

more Financial and General Interest News >>

Published 01-13-2010 by Amanda Torres Price

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