bebe stores (BEBE) Misses Q4 EPS by 1c, Offers Guidance, Withdraws Shelf Registration

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bebe stores, inc. Announces Fourth Quarter and Fiscal Year 2015 Financial Results

August 27, 2015 4:00 PM EDT

Fourth quarter comparable store sales grew 1.1%
Fourth quarter gross margin increased 390 bps
Fourth quarter loss per share from continuing operations was $0.07
Non-GAAP adjusted fourth quarter loss per share from continuing operations was $0.05

BRISBANE, Calif.--(BUSINESS WIRE)-- bebe stores, inc. (NASDAQ: BEBE) today announced unaudited financial results for the fourth quarter and fiscal year ended July 4, 2015.

Jim Wiggett, Chief Executive Officer said, In Fiscal 2015 we improved our operating results by $35 million or 58% as compared to the prior year. In the fourth quarter, we achieved our fourth... More