The 10-second takeaway
For the quarter ended Sep. 29 (Q1), Bebe Stores beat slightly on revenues and met expectations on earnings per share.
Compared to the prior-year quarter, revenue dropped and GAAP earnings per share dropped to a loss.
Margins contracted across the board.
Bebe Stores reported revenue of $117.1 million. The one analyst polled by S&P Capital IQ looked for revenue of $115.0 million on the same basis. GAAP reported sales were 7.3% lower than the prior-year quarter's $126.3 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at -$0.03. The four earnings estimates compiled by S&P Capital IQ anticipated -$0.03 per share. GAAP EPS were -$0.03 for Q1 against $0.03 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 36.1%, 390 basis points worse than the prior-year quarter. Operating margin was -3.3%, 600 basis points worse than the prior-year quarter. Net margin was -2.2%, 410 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $135.3 million. On the bottom line, the average EPS estimate is $0.04.
Next year's average estimate for revenue is $496.9 million. The average EPS estimate is $0.05.
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 421 members out of 534 rating the stock outperform, and 113 members rating it underperform. Among 143 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 119 give Bebe Stores a green thumbs-up, and 24 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Bebe Stores is outperform, with an average price target of $6.60.
Can your retirement portfolio provide you with enough income to last? You'll need more than Bebe Stores. Learn about crafting a smarter retirement plan in "The Shocking Can't-Miss Truth About Your Retirement." Click here for instant access to this free report.
- Add Bebe Stores to My Watchlist.