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bebe stores reports slightly higher Q2 earnings
27 Jan '06
3 min read
During the second quarter ended December 31, 2005, the company opened nine stores, including four bebe stores, two BEBE SPORT stores and three outlet stores, and closed one BEBE SPORT store.
For the third quarter of fiscal 2006, the company expects comparable store sales will be in the mid single digit range and earnings per share in the range of $0.11 to $0.15 after taking into account the impact of a $0.02 per share charge related to the expensing of stock based compensation, versus $0.12 per share in the third quarter of fiscal 2005.
For the third quarter of fiscal 2006 ending April 1, 2006, the company is currently planning finished goods inventory on a per square foot basis to increase low to mid teens when compared to the end of the third quarter of fiscal 2005.
For fiscal 2006, the company anticipates opening 35 stores, expanding or renovating 16 existing stores and closing three stores resulting in an approximate square footage growth of 16 percent. The number of planned new stores includes 20 bebe stores, 12 BEBE SPORT stores and three bebe outlet stores.
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 and bebe O brand names.
bebe currently operates 228 stores, of which 173 are bebe stores, 20 are bebe outlet stores and 35 are BEBE SPORT stores. These stores are located in the United States, Puerto Rico and Canada.
For the third quarter of fiscal 2006, the company expects comparable store sales will be in the mid single digit range and earnings per share in the range of $0.11 to $0.15 after taking into account the impact of a $0.02 per share charge related to the expensing of stock based compensation, versus $0.12 per share in the third quarter of fiscal 2005.
For the third quarter of fiscal 2006 ending April 1, 2006, the company is currently planning finished goods inventory on a per square foot basis to increase low to mid teens when compared to the end of the third quarter of fiscal 2005.
For fiscal 2006, the company anticipates opening 35 stores, expanding or renovating 16 existing stores and closing three stores resulting in an approximate square footage growth of 16 percent. The number of planned new stores includes 20 bebe stores, 12 BEBE SPORT stores and three bebe outlet stores.
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 and bebe O brand names.
bebe currently operates 228 stores, of which 173 are bebe stores, 20 are bebe outlet stores and 35 are BEBE SPORT stores. These stores are located in the United States, Puerto Rico and Canada.
bebe stores Inc
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