Brief: Bebe Stores reports Q1 loss $0.22/shr from continuing operations
12/11/2015 21:00
Nov 12 (Reuters) - bebe stores inc BEBE.O : * Announces first quarter fiscal 2016 financial results * Q1 loss per share $0.22 from continuing operations * Q1 sales fell 5.7 percent to $96.3 million * Q1 loss per share $0.16 from continuing operations excluding items * Says first quarter comparable store sales decreased 4.1% * Says non-GAAP adjusted first quarter loss per share was $0.16 * Says for the Q2 2016, the company expects comparable store sales to be in the negative high single digit range * Says Q2 gross margin is expected to be slightly lower than the prior year * Says net loss per share is expected to be in the $0.06 to $0.12 range in Q2 Source text for Eikon urn:newsml:reuters.com:*:nBw7BLr1Za Further company coverage BEBE.O ((Bengaluru Newsroom; +1 646 223 8780))
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