UPDATE: Bebe Posts Downbeat Q1 Sales
Bebe Stores (NASDAQ: BEBE) reported downbeat first-quarter sales.
Bebe's quarterly sales declined 9.4% to $105.1 million in the quarter, versus analysts' estimates of $116.8 million.
Its comparable store sales dropped 8.7%, versus a rise of 7%, in the year-ago period.
Bebe shares closed at $4.67 yesterday.
© 2014 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.