>>
Home / Knowledge / News / Apparel/Garments / bebe stores announces Q3 earnings of $0.09 per share

bebe stores announces Q3 earnings of $0.09 per share

02
May '08
bebe stores inc announced unaudited financial results for the third quarter ended April 5, 2008.

Net sales for the thirteen week period ended April 5, 2008 were $151.7 million versus $154.4 million reported for the fourteen week period ended April 7, 2007, which included approximately $10 million in sales due to the additional week in fiscal 2007.

Excluding sales from the additional week in fiscal 2007, sales increased 4.7% compared to the corresponding thirteen week period in the prior year. Same store sales for the thirteen week period ended April 5, 2008 decreased 7.6% compared to a decrease of 0.4% for the thirteen week period in the prior year.

Gross margin as a percentage of net sales decreased to 43.8% in the third quarter of fiscal 2008, compared to 45.3% in the third quarter of fiscal 2007. The decrease in gross margin as a percentage of net sales from the prior year of 1.5% was primarily due to unfavorable occupancy partially offset by higher merchandise margin. In addition, gross margin in the third quarter of fiscal 2007 included substantial raw material reserve reversals.

SG&A expenses for the third quarter of fiscal 2008 were $59.0 million, or 38.9% of net sales, compared to $54.1 million, or 35.1% of net sales for the same period of the prior year. The increase in SG&A expenses as a percent of sales is primarily due to higher total compensation expense, advertising expense and the recording of an impairment charge of $773,000 for three underperforming store locations.

Operating income for the third quarter of fiscal 2008 was $7.3 million or 4.9% of net sales, compared to $15.7 million or 10.2% of net sales for the same period of the prior year.

The effective tax rate for the third quarter of fiscal 2008 decreased to 33.6% from 35.9% in the third quarter of fiscal 2007, primarily due to an increase in tax free interest income as a percent of total pretax income and an increase in our allowable domestic manufacturing deduction during the current year.


Must ReadView All

Pic: Shutterstock

Textiles | On 28th May 2022

US economy, manufacturing expected to expand in 2022: ISM

The US economy will continue to expand for the rest of this year, the ...

Pic: 123rf.com

Apparel/Garments | On 28th May 2022

Sri Lanka’s garment exports up 11.6% at $1.36 bn in Jan-Mar 2022

Garment exports from Sri Lanka stood at $1360.6 million in...

Pic: The Nordic Swan Ecolabel

Textiles | On 28th May 2022

Nordic Swan Ecolabel launches new requirements for clothes, textiles

The Nordic Swan Ecolabel, the official ecolabel of the Nordic...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Donating 20,000 N95 masks to hospitals & NGOs

Textile Industry, Head honchos

Textile Industry
Head honchos

Instagram & fashion will go a long way together

Textile Industry, Head honchos

Textile Industry
Head honchos

Strongly believe in 'people first' policy.

Ralph Tharpe,

Ralph Tharpe

The White Oak Legacy Foundation (WOLF) is dedicated to the history of...

Marzia Lanfranchi,

Marzia Lanfranchi

With an aim to transform the way people grow, make, source, and use...

Akram Tariq Khan,

Akram Tariq Khan

E-commerce brand YourLibaas meaning "garment or attire" in Udru, was...

Frank Heislitz, Freudenberg

Frank Heislitz
Freudenberg

Freudenberg Performance Materials is a leading global manufacturer of...

 Natacha Defeche, Edana

Natacha Defeche
Edana

Since 1971, EDANA, the International association serving the nonwovens and ...

Sanjay Raut, Garware Technical Fibres Ltd

Sanjay Raut
Garware Technical Fibres Ltd

Garware Technical Fibres Ltd (formerly Garware-Wall Ropes Ltd) is a...

Dhruv Toshniwal, Brand - The Pant Project

Dhruv Toshniwal
Brand - The Pant Project

The Pant Project is known for its custom-made bottom wear. Its products...

Sujata & Taniya Biswas, Suta

Sujata & Taniya Biswas
Suta

Founded by <b>Sujata and Taniya Biswas</b>, Suta is a humble brand which...

Johnny Cirillo, Watching NewYork

Johnny Cirillo
Watching NewYork

Johnny Cirillo, renowned for his candid photography in the streets of New...

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

Leave your Comments

ESTEEMED CLIENTS

Asos
Lectra Technologies India Pvt Ltd.
Kern – Liebers Textile
Restoque S.A.
Coats Digital Limited
VNU Exhibitions Asia
Cat Tuong Real Estate Group Joint Stock Company
Flainox S.r.l.
Lenzing Aktiengesellschaft
Esprit Europe Services GmbH
Karl Mayer Textilmaschinenfabrik GmbH
Colours India Inc
Jiangsu Yingyang Nonwoven Machinery Company Limited
N9 World Technologies Private Limited
Permoda(Koaj/Armi/Pronto/Bkul)
THE BOMBAY DYEING ;& MFG.CO. LTD
Aramark Uniform ;& Career Apparel, LLC
BIRLA CENTURY A DIVISION OF CENTURY TEXTILES AND INDUSTRIES
Chico’ FAS
Loris Bellini S.r.l.
China World International Exhibition Company Limited
Lisa S.P.A.
TESCO INTERNATIONAL SOURCING LIMITED
ITMA Services Pte Ltd
OVS Hong Kong Sourcing Ltd.
International Textile Manufacturers Federation
Saurer Textile Solutions Pvt. Ltd.
Decathlon
Green Fibre
Officina Meccanica Dora Enrico Srl
Nihalani Events Management
Itema Weaving (India) Private Limited
Datacolor AG Europe
PVH Corporation
JES MEDIA, INC
UBM China (Shanghai)
Guess Europe Sagl,
Zydex Industries
Datatex Consulting Srl
CSGIA(China Screen Printing & Graphic Imaging Association)
Gokaldas Exports Limited
SHAHI Exports Pvt Ltd
Rieter India Private Limited
Rosset ;& Cia Limited
Truetzschler India Private Limited
Alison Hayes Romania
Mayer & Cie. GmbH & Co. KG
USTER
HYOSUNG CORPORATION INDIA PRIVATE LIMITED
Midas Clothing Limited
SUZHOU TUE HI-TECH NONWOVEN MACHINERY CO.,LTD
Gloria Jeans
NITI Aayog
John Varvatos
IKEA of Sweden AB
Dow Silicones Corporation
Thermore (Far East) Ltd.
Babyshop
Reiter India Private Limited
Abit
Bluestem Global Sourcing Limited
APLF Limited
Haelixa AG
Istanbul Fuarcilik A.S.
Sportswear Company Spa
Nandan Denim Limited
The LYCRA Company Singapore  Pte. Ltd
Gap International Sourcing Limited
G.A.S. unternehmenskommunikation gmbh
Messe Frankfurt Exhibition GmbH
EMBEE CORPORATION
Infor (Hong Kong) Limited
FESPA (Reigate)
Pt. Peraga Nusantara Jaya Sakti
Thai Trade Center
Target Corporation (MN)
MAS Active / MAS Kreeda / MAS Bodyline
TEXVALLEY MARKET LIMITED
Lacoste (Wanchai)
Italian Trade Commission
IDH – The Sustainable Trade Initiative
TÜYAP IHTISAS FUARLARI A.S.
Meera Dyestuff Industries
BIANCA
Deckers Outdoor (Guangzhou) Consultant Co., LTD.
CGS Inc.
Inter Expo Center Ltd.
Splash
GERBER TECHNOLOGY LTD.
Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)
Sportmaster Ltd.
Vianney Textil Hogar S.A. De C.V.
Tommy Hilfiger
Varner AS Retail
Kornit Digital Asia Pacific Ltd
Rayonese Textile Inc., Division de Culp Inc.
Sateri (Jiujiang) Fiber Co.,Ltd
Zünd Systemtechnik AG
Lenzing Aktiengesellschaft - India
Applied DNA Sciences Inc
International Sourcing Expo Australia
Hirdaramani International Export Private Limited
K AND D ITMACH EXPOSITIONS LLP
DuPont de Nemours, Inc.,
H. Stoll AG & Company KG
Groz-Beckert East Asia LLP
Eastman Chemical Company
Landmark Group
BTC Textiles LLC
Gatsby Africa
ZAITEX spa
Hela Clothing Pvt Ltd
Brandix Lanka Limited
Shanghai  Aige Exhibition Service Co., Ltd
Marzoli Machines Textile s.r.l.
The LYCRA Company Singapore  Pte. Ltd
Aleph Srl
IFF Media Ag - International Media Services
Mesdan SPA
Messe Duesseldorf
Lottmann Communications
Huntsman (Singapore) Pte Ltd
Jindal Worldwide Limited
EUROVET ASIA LTD
LC Waikiki
Walmart
Maceton Limited
Tuyap Tum Fuarcilik Yapim A.S.
Taiwan Textile Federation (TTF)
IIGM Private Limited
NV Michel Van de Wiele
Page Industries Limited (Bangalore)
Indo Tex
Desigual - ABASIC, S.A.
Arvind Limited
J ;& P Coats
KAS Direct Sourcing
Savio Macchine Tessili S.P.A.
Seasalt Limited
Alix Partners
Etam Group Strategy Hong Kong Limited
Benetton Group
Lifestyle
BTSR International S.P.A.
Recron Polyester from Reliance Industries Limited
BRINKMANN GMBH
Sainsbury's Argos Asia Limited
Boardriders Asia Sourcing Limited
Brückner Trockentechnik GmbH & Co. KG
SYNERGIES HONG KONG LIMITED
Chori Company Limited
Thai Acrylic Fibre Company Limited
DyStar India Pvt. Ltd
Xtema - Thomas Lebherz Textilmaschinen
Eurofins BLC Leather Technology Centre Ltd
Comasia Limited
Phong Phu international JSC (PPJ)
Puma
Aquarelle Clothing Limited
Grasim Industries Limited
Under Armour Global Sourcing Ltd
H;&M Hennes ;& Mauritz (Far East) Ltd
Tchibo GmbH
Vardhman Textile Ltd
T.T. Limited
GIOVANNI BOZZETTO S.p.A.
Centric Software
Indofil Industries Limited - Specialty & Performance Chemicals Division
X-Rite Asia Pacific Limited (HK)
Stahl Holdings B.V.,
Weitmann & Konrad GmbH & Co. KG
Lululemon Athletica Inc
Groz-Beckert KG
The Top Form Brassiere Manufacturing Company Limited
KIABI
GHCL LIMITED
TESTEX AG, Swiss Textile Testing Institute
Newtech Textile Technology Development (Shanghai) Company Limited
Performance Days
COTTON COUNCIL INTERNATIONAL
BIMBA ;& LOLA SL
Bluesign Technologies Ag
Woolmark Services India Pvt. Ltd.
Shima Seiki Mfg. Ltd.
Recron Polyester from Reliance Industries Limited
Amazon China
Equinox Impex India
Color Service s.r.l.
EPCH
Copenhagen Fashion Summit
G-Star Raw C.V.
Tory Burch Hong Kong Ltd
Tradewind International Servicing
Palexpo SA
Helly Hansen Far East Ltd
Calvin Klein
C;&A Sourcing International Ltd
FULGAR SpA

May 2022

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


Advanced Search