UPDATE: Bebe Posts Wider-Than-Expected FQ2 Loss
Bebe Stores (NASDAQ: BEBE) posted a loss in its fiscal second quarter.
Bebe posted a quarterly loss of $4.8 million, or $0.06 per share, versus a year-ago profit of $6.5 million, or $0.08 per share.
Its net sales dropped 11% to $135.5 million, while revenue at stores open at least a year fell 10.5%. However, analysts were expecting a loss of $0.01 per share on sales of $133.4 million.
Bebe shares fell 4.07% to $4.01 in after-hours trading.
© 2015 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.