Bebe Stores December SSS -10.5%

bebe stores, inc.

today reported retail sales of $124.6 million for the second fiscal quarter ended December 29, 2012, a decrease of 11.7% compared to $141.1 million for the fiscal quarter ended December 31, 2011. The decrease was primarily driven by a 15% comparable store traffic decrease during the quarter, with December being the most negative. Comparable store sales for the fiscal quarter ended December 29, 2012 decreased 10.5% compared to an increase of 9.6% in the second fiscal quarter of the prior year. 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.