A director at Bebe Stores Inc sold 250,000 shares at 6.000USD and the significance rating of the trade was 68/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years cle...
BRISBANE, Calif.--(BUSINESS WIRE)-- bebe stores, inc. (Nasdaq: BEBE) (the Company) announced that it has notified the NASDAQ Stock Market on December 8, 2017 of its intention to voluntarily delist its common stock from the NASDAQ Capital Market. The Company intends to cease trading on the NASDAQ Stock Market on Monday, December 18, 2017. Therefore the last day of trading on the Nasdaq Stock Market will be Friday, December 15, 2017. Once delisted, the Company anticipates its stock will begin trading on the OTCQB Market, which ...
BRISBANE, Calif.--(BUSINESS WIRE)-- bebe stores, inc. (Nasdaq:BEBE) (the Company) announced today that it has reached agreement with substantially all of its retail store landlords to terminate the existing leases. The cost to terminate the leases is estimated to be approximately $65 million. As of today, the Company has signed an agreement to sell its distribution center in Benicia, California for approximately $22 million. The Company is also actively seeking to sell its Design Center in Los Angeles, California. The Company...
BRISBANE, Calif.--(BUSINESS WIRE)-- bebe stores, inc (Nasdaq: BEBE), announced today that its Board of Directors is exploring strategic alternatives for the company. bebe has retained B. Riley & Co. as its financial advisor and has also engaged a real estate advisor to assist with options related to its lease holdings. bebe said that there is no assurance that this process will result in any specific transaction, and it does not expect to disclose further developments during this process unless and until the Board of Directors has app...
BRISBANE, Calif.--(BUSINESS WIRE)-- bebe stores, inc. (NASDAQ:BEBE) today announced financial results for the fiscal second quarter ended December 31, 2016. Manny Mashouf, Chief Executive Officer said, “In the second quarter of Fiscal 2017 we reacted to sales and traffic trends below the incoming trends of the fiscal first quarter and the month of October. While we saw improvement in the week before Thanksgiving and the two weeks before Christmas, the results for those three weeks were not sufficient to offset the overall neg...
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BRISBANE, Calif.--(BUSINESS WIRE)-- bebe stores, inc. (NASDAQ:BEBE) today announced a one-for-ten reverse stock split, in which every ten (10) shares of the company's common stock will be combined and reclassified into one (1) share of the company's common stock. The reverse stock split was approved by the Company’s shareholders at its Annual Meeting of Shareholders held on December 15, 2015, and the specific one-for-ten ratio was agreed upon and approved by the Company’s Board of Directors. The reverse stock split will be completed b...
BRISBANE, Calif.--(BUSINESS WIRE)-- bebe stores, inc. (NASDAQ:BEBE) today announced financial results for the fiscal first quarter ended October 1, 2016. Manny Mashouf, Chief Executive Officer said, “In the first quarter of Fiscal 2017 we continue to see sustainable changes in our business. We ended the quarter with our inventory and SG&A below the prior year and increased our gross margin 260 bps as a result of fewer markdowns and improved leverage on our occupancy. We had a very strong denim and leggings business which we w...
BRISBANE, Calif.--(BUSINESS WIRE)-- bebe stores, inc. (NASDAQ:BEBE) today announced that it will release its first quarter fiscal 2017 results on Thursday, November 3, 2016 at 1pm (PT). About bebe Unique, sophisticated and timelessly sexy, bebe emerged as the first contemporary fashion destination in 1976. Today bebe continues to define next-generation chic while staying true to its assertive, provocative origins. Inspired by Shakespeare’s immortal words “To be, or not to be,” the brand is, at its essence, abo...
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