Bebe slides to loss
Brisbane, Calif. -- Bebe Stores Inc. reported a loss for its fourth quarter amid weaker sales and markdowns.
The apparel chain posted a loss of $20.8 million for the three-month period ended July 6, compared with net income of $3 million in the fourth quarter last year.
Bebe's total revenue edged down to $119.2 million, from $131.5 million.