bebe stores (BEBE) Misses Q4 EPS by 8c, Comps Declined 4.6%

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bebe stores, inc. Announces Fourth Quarter and Fiscal Year 2016 Financial Results

September 1, 2016 4:00 PM EDT

Fourth quarter comparable store sales decreased 4.6%

Fourth quarter gross margin decreased 393 bps

Fourth quarter income per share from continuing operations was $0.31

Non-GAAP adjusted fourth quarter loss per share from continuing operations was $0.08

BRISBANE, Calif.--(BUSINESS WIRE)-- bebe stores, inc. (NASDAQ: BEBE) today announced financial results for the fourth quarter and fiscal year ended July 2, 2016.

Manny Mashouf, Chief Executive Officer said, In the fourth quarter of Fiscal 2016 we saw sustainable changes in our business, including the signing of the Joint... More