bebe stores, inc. Announces Third Quarter 2015 Financial Results
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Janney Capital Sees Buying Opportunity as bebe stores (BEBE) Posts Q1, Suspends Div
May 8, 2015 8:10 AM EDTJanney Capital Markets maintains their Buy rating on bebe stores, inc. (NASDAQ: BEBE), with their price target set at $5. This comes following the release of 3Q15 results, showing an LPS of ($0.14) vs the street estimate of ($0.13). Comp sales remain in positive territory the anticipated... More
bebe stores (BEBE) Misses Q3 EPS by 1c
May 7, 2015 4:01 PM EDTbebe stores (NASDAQ: BEBE) reported Q3 EPS of ($0.14), $0.01 worse than the analyst estimate of ($0.13). Revenue for the quarter came in at $92.7 million versus the consensus estimate of $93.1 million.
Jim Wiggett, Chief Executive Officer said, Our third quarter results reflect continued progress in our turnaround with the third consecutive quarter of comparable store sales growth despite significantly fewer promotions and a meaningful reduction in marketing spend. To a lesser degree, we believe that the port delays and prolonged cold weather also created pressure on our sales. Our efforts to enhance our merchandise assortment combined... More
