Home / Knowledge / News / Apparel/Garments / bebe stores announces fiscal Q4 sales
bebe stores announces fiscal Q4 sales
10
Jul '09
bebe stores inc reported retail sales for the quarter ended July 4, 2009 of $125.3 million compared to $167.2 million for the quarter ended July 5, 2008. Retail sales decreased approximately 25% compared to the same period in the prior year. Same store sales for the quarter ended July 4, 2009 decreased 29.2% compared to a decrease of 5.6% in the prior year.

Retail sales for the fiscal year ending July 4, 2009 were $580.9 million compared to $675.1 million for the fiscal year ended July 5, 2008. Retail sales decreased approximately 14% compared to the same period in the prior year. Same store sales for the fiscal year ending July 4, 2009 decreased 20.9% compared to a decrease of 7.6% for the fiscal year ending July 5, 2008.

For the quarter the company currently anticipates earnings per share to be at or below the low end of the range previously provided as a result of lower comparable store sales. These results are before taking into account any one time charges, asset write downs or write offs.

As of July 4, 2009 finished goods inventory per square foot increased approximately 1% when compared to the prior year, which is greater than the guidance provided in April. During the quarter we made the strategic decision to invest in denim, jackets, including leather, knit dresses and knit tops to position ourselves for July and the beginning of the fall transition period. Without this inventory investment, retail inventories would be down 14% per square foot when compared to the prior year.

During fiscal 2009, the Company opened 13 stores, expanded or relocated 2 existing stores and closed 8 stores resulting in a square footage growth of approximately 2.5%. The number of new stores includes 6 bebe stores, 1 BEBE SPORT store and 6 2b bebe/outlet stores. Store closures included 6 bebe stores and 2 BEBE SPORT stores. In addition we converted 1 bebe store to a 2b bebe store.

bebe stores inc


Must ReadView All

Retailers launch US Global Value Chain Coalition

Apparel/Garments | On 24th Oct 2017

Retailers launch US Global Value Chain Coalition

The American Apparel & Footwear Association (AAFA), the National...

Italian textile machinery orders index rises 6% in Q3

Textiles | On 24th Oct 2017

Italian textile machinery orders index rises 6% in Q3

The orders index for Italian textile machinery rose by six per cent...

OECD urges UK for close EU ties to meet Brexit challenges

Textiles | On 24th Oct 2017

OECD urges UK for close EU ties to meet Brexit challenges

The British economy has weakened following the decision to leave the...

Interviews View All

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

C Kamatchisundaram
Voltas

ITME is an occasion not only to receive new leads but also to work on...

Headhonchos
Indian fashion industry

Cotton consumption will keep growing in the Indian fashion industry

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

October 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
76.1%
No
12.7%
Skip
11.3%

Total Votes: 71

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
62.0%
No
28.2%
Skip
9.9%

Total Votes: 71

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
85.9%
No
9.9%
Skip
4.2%

Total Votes: 71

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
76.1%
No
11.3%
Skip
12.7%

Total Votes: 71


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search