Bebe Q3 Sales Up from Last Year

In Reports, What's New by Accessories StaffLeave a Comment

Brisbane, CA–Bebe stores, inc. reported Thursday that its third quarter sales were up 7.1% with a similar increase seen in its comparable store sales.

For the quarter ended March 31, bebe said sales increased 7.1% to $100.8 million.

Comparable store sales increased 7.2% compared with a decrease of 0.7% in the prior year period. The company’s total sales, which will be disclosed in its earnings report, also include wholesale and other sales in addition to its retail sales.

Year-to-date sales are up 8.1% to $365.0 million, compared to $337.5 million a year ago. Comparable store sales so far this year have increased 8.1% compared to a decrease of 0.4% in the prior year period.

As of March 31, average finished goods inventory per square foot decreased approximately 2% compared to the prior year.