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Stock Market & Financial Investment News

News Breaks
January 3, 2013
07:06 EDTBEBEbebe stores reports Q2 SSS down 10.5%
Comparable store sales were negatively impacted by approximately 2% due to the shift of the New Year’s Eve into fiscal January as well as Hurricane Sandy. Reports Q2 retail sales $124.6M.
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May 9, 2013
16:04 EDTBEBEbebe stores sees Q4 SSS decline in high-single digit range
The company said, "For the fourth quarter of fiscal 2013, we currently anticipate comparable store sales in the negative high-single digit range. When compared to the fourth quarter a year ago, we anticipate we will continue to see a lower gross margin rate and an increase in SG&A due to higher markdowns and certain transitional costs. The net loss is expected to be in the low to mid-teens per diluted share before any items such as executive exit costs and other non-cash transitional charges. The expected loss per diluted share range also reflects the continuing impact of maintaining a valuation allowance against deferred tax assets as discussed above and thus a very low effective tax rate."
16:03 EDTBEBEbebe stores reports Q3 adjusted EPS (14c), consensus (15c)
Reports Q3 revenue $112.9M, consensus $112.19M. As previously reported, Q3 comparable store sales excluding the extra retail week in January decreased 8.6%.

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