Brief: bebe stores Q3 same store sales fell 8.1 pct
05/05/2016 21:00
May 5 (Reuters) - bebe stores inc BEBE.O :
* bebe stores inc Announces third quarter 2016 financial
results
* Q3 loss per share $0.37 from continuing operations
* Q3 sales fell 13.7 percent to $79.9 million
* Q3 same store sales fell 8.1 percent
* As of end of quarter, we have eliminated 86 corporate
positions
* Company expects Q4 net loss per share to be in range of
$0.08 to $0.12
* Anticipated annual savings of approximately $9.0 million
from reduced positions
* For Q4 of fiscal 2016, company expects comparable store
sales to decrease in mid to high single digit range
* Sees Q4 2016 loss per share $0.08 to $0.12
Source text for Eikon: ID:nBw786flka
Further company coverage: BEBE.O
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