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bebe stores (BEBE) Misses Q3 EPS by 10c

May 5, 2016 4:02 PM

bebe stores (NASDAQ: BEBE) reported Q3 EPS of ($0.21), $0.10 worse than the analyst estimate of ($0.11). Revenue for the quarter came in at $79.9 million versus the consensus estimate of $81.01 million.

Comparable store sales for the quarter ended April 2, 2016, decreased 8.1%. The decrease in sales was due to a decline in traffic and in Average Unit Retail in both bebe and outlet businesses along with a reduction in international sales.

For earnings history and earnings-related data on bebe stores (BEBE) click here.

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