Mizuho Securities Cuts Price Target on bebe stores (BEBE) Following 4Q15
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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
bebe stores, inc. Announces Entry Into Greater China
August 27, 2015 4:00 PM EDTCompany Partners with Longgoal LLC to Open 60 to 150 Stores
BRISBANE, Calif.--(BUSINESS WIRE)-- bebe stores, inc. (Nasdaq: BEBE) today announced that it has signed a strategic cooperation agreement with Longgoal LLC, a leading Shanghai-based agency of international high-end brands. The agreement includes a five-year exclusive license to open between 60 and 150 retail and wholesale bebe points of distribution in Greater China, Hong Kong, Macau and Taiwan. The first boutique is expected to open in the summer of 2016.
As we continue to expand our international footprint, our entrance into... More
