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bebe stores announces Q3 results

09 May '09
4 min read

For the year-to-date period the Company's capital expenditures were approximately $23.7 million and depreciation expense was approximately $19.7 million.

For the fourth quarter of fiscal 2009, the Company anticipates comparable store sales will be in the range of negative mid teens to low twenties and depending on actual sales and markdowns earnings per share will be in the range of $0.02 to $0.10 per share based on 88 million diluted weighted average shares outstanding versus $0.18 per share based on 90 million diluted weighted average shares outstanding in the fourth quarter of fiscal 2008. The Company is currently anticipating an effective tax rate of 35.0% for the fourth quarter of fiscal 2009.

For the fourth quarter of fiscal 2009, the Company is currently planning finished goods inventory to be down on a per square foot basis compared to the fourth quarter of fiscal 2008 in the high teens.

bebe stores inc

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