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Bebe posts Q4 loss
Brisbane, Calif. – Bebe Stores Inc. had a difficult second quarter of fiscal 2014, reporting a net loss of $5.5 million. Net sales declined 4.1% to $130 million, from $135.5 million reported for the second quarter a year ago. Same-store sales decreased 1.9%.
CEO Steve Birkhold acknowledged challenges, but cited sequential improvement in same-store sales and holiday sales, as well.