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Bebe shrinks net loss in Q3
Brisbane, Calif. – Bebe Stores Inc. reported a net loss of $24.3 million in the third quarter of fiscal 2014, an improvement from the net loss of $49.3 million recorded in the same quarter a year earlier.
However, net sales were $93.5 million, a decrease of 17.2% from $112.9 million for the third quarter a year ago.
Same-store sales for the quarter decreased 5.7%.
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Dover Saddlery continues net loss in Q1; plans four-to-six new stores
Littleton, Mass. - Dover Saddlery, Inc. reported a net loss of $543,000 in the first quarter of fiscal 2014, virtually flat with the $538,000 net loss reported in the first quarter of the prior year. Total revenues for the first quarter of 2014 increased 9.4% to $19.7 million, from $18 million achieved in first quarter 2013.
Dover Saddlery plans on opening four to six new stores during fiscal 2014.