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Retail stores sales up 9.9% at Bebe Stores in Q2 FY11
06 Jan '12
2 min read
bebe stores inc. reported retail sales from continuing operations of $141.1 million for the second fiscal quarter ended December 31, 2011, an increase of 9.9% compared to $128.4 million for the fiscal quarter ended January 1, 2011.
As previously disclosed, beginning in fiscal 2012, the Company reports comparable store sales results inclusive of our on-line store. Comparable store sales for the fiscal quarter ended December 31, 2011 increased 9.6% compared to flat comparable store sales in the second fiscal quarter of the prior year.
Retail sales from continuing operations for the year-to-date period ended December 31, 2011 were $257.1 million, an increase of 8.5% compared to $236.9 million for the year-to-date period ended January 1, 2011.
Comparable store sales for the year-to-date period ending December 31, 2011 increased 8.4% compared to a decrease of 2.3% for the year-to-date period ending January 1, 2011.
As of December 31, 2011, average finished goods inventory per square foot from continuing operations increased approximately 1.0% compared to the prior year.
For the quarter, we currently anticipate net earnings from continuing operations will be at the high end of our previously provided guidance of $0.04 to $0.07 per share prior to any store impairment charges. bebe stores, inc. will host a conference call on Thursday, February 2, 2012 at 1:30 P.M.
bebe stores inc. designs, develops and produces a distinctive line of contemporary women's apparel and accessories, which it markets under the bebe, BEBE SPORT, bbsp and 2b bebe brand names.
As previously disclosed, beginning in fiscal 2012, the Company reports comparable store sales results inclusive of our on-line store. Comparable store sales for the fiscal quarter ended December 31, 2011 increased 9.6% compared to flat comparable store sales in the second fiscal quarter of the prior year.
Retail sales from continuing operations for the year-to-date period ended December 31, 2011 were $257.1 million, an increase of 8.5% compared to $236.9 million for the year-to-date period ended January 1, 2011.
Comparable store sales for the year-to-date period ending December 31, 2011 increased 8.4% compared to a decrease of 2.3% for the year-to-date period ending January 1, 2011.
As of December 31, 2011, average finished goods inventory per square foot from continuing operations increased approximately 1.0% compared to the prior year.
For the quarter, we currently anticipate net earnings from continuing operations will be at the high end of our previously provided guidance of $0.04 to $0.07 per share prior to any store impairment charges. bebe stores, inc. will host a conference call on Thursday, February 2, 2012 at 1:30 P.M.
bebe stores inc. designs, develops and produces a distinctive line of contemporary women's apparel and accessories, which it markets under the bebe, BEBE SPORT, bbsp and 2b bebe brand names.
bebe stores inc
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