bebe stores, inc. Announces Fourth Quarter and Fiscal Year 2015 Financial Results
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Mizuho Securities Cuts Price Target on bebe stores (BEBE) Following 4Q15
August 28, 2015 7:12 AM EDTMizuho Securities maintained a Neutral rating on bebe stores, inc. (NASDAQ: BEBE), and cut the price target to $2.00 (from $2.25), following the company's 4Q15 earnings results. BEBE reported 4Q EPS of ($0.05) vs. ($0.18) LY. The results were in-line with Street estimate of $(0.04).
Analyst Betty... More
bebe stores (BEBE) Misses Q4 EPS by 1c, Offers Guidance, Withdraws Shelf Registration
August 27, 2015 4:15 PM EDTbebe stores (NASDAQ: BEBE) reported Q4 EPS of ($0.05), $0.01 worse than the analyst estimate of ($0.04). Revenue for the quarter came in at $104.3 million versus the consensus estimate of $106.33 million .Fourth quarter comparable store sales grew 1.1%
First quarter and fiscal 2016 guidance:
For the first quarter of fiscal 2016, the Company expects comparable store sales to be in the negative mid-single digit range. Gross margin is expected to be lower than the prior year due to higher markdowns in the beginning of the quarter to clear through excess... More
