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bebe stores inc (BEBE.O)

BEBE.O on Consolidated Issue listed on NASDAQ Capital Market

5.24USD
22 Sep 2017
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Latest Key Developments (Source: Significant Developments)

Bebe Stores says entered into agreement of purchase, sale with Monday properties investments
Thursday, 6 Jul 2017 04:42pm EDT 

July 6 (Reuters) - Bebe Stores Inc ::Bebe Stores says on June 29, entered into an agreement of purchase and sale with Monday properties investments - sec filing.Bebe Stores Inc -co to sell its Los Angeles design studio for a purchase price of approximately $35 million.Bebe Stores Inc - company retains a right to lease back up to 12,000 square feet for up to four months after closing.  Full Article

Bebe stores completes reorganization
Wednesday, 7 Jun 2017 07:00am EDT 

June 7 (Reuters) - Bebe Stores Inc :Bebe stores, inc. Announces completion of reorganization.Bebe stores inc - ‍reached agreement with substantially all of its retail store landlords to terminate existing leases​.Bebe stores inc- cost to terminate leases is estimated to be approximately $65 million..Bebe stores inc - ‍company has signed an agreement to sell its distribution center in benicia, california for approximately $22 million​.Bebe stores inc - company has transferred both bebe.com url and international wholesale agreements into its joint venture (jv) with blue star alliance.Bebe stores inc - ‍company is also actively seeking to sell its design center in los angeles, california​.Bebe stores inc - going forward, company anticipates having no retail operations, and its sole operations will be collection of royalty income from jv.Bebe stores -entered into $35 million loan agreement with gacp finance co, llc to make payments to retail store landlords pending closing of building sales​.Bebe stores inc - ‍jv has executed a royalty agreement with a third party for both url and wholesale licenses​.  Full Article

Bebe Stores' loss per share $6.41 for quarter ended April 1
Tuesday, 16 May 2017 05:13pm EDT 

May 16 (Reuters) - Bebe Stores Inc :Bebe Stores says loss per share $6.41 for quarter ended April 1, 2017; qtrly net sales $65.7 million versus $79.9 million.Bebe Stores says believes termination payments to be in range of about $60 to $65 million related to sale of inventory and store fixtures - SEC filing.Recorded $9.2 million in expense in quarter ended April 1, 2017 for lease termination payments related to settlements within the fiscal quarter.Also intends to transfer www.bebe.com domain name, its social media accounts, its international wholesale agreements to joint venture.Bebe Stores says JV intends to license www.bebe.com domain name, social media accounts, international wholesale agreements to 1 or more third parties.Bebe Stores says expects to terminate employment of all or substantially all of its employees over coming months as its operations wind-down.Bebe Stores says expects to pay severance, accrued vacation and stay-on bonuses in the range of approximately $7 to $10 million.Bebe stores says in order to fund lease termination payments, severance payments, and future operations, co plans to sell its real estate assets.Assuming co is successful with restructuring efforts, expects to cease to have any retail operations, to instead manage investment in JV.Bebe Stores says does not expect to incur a loss on the sale of its real estate holdings.  Full Article

Bebe Stores entered into consulting agreement to sell all merchandise and inventory owned by company, certain units in existing retail stores
Friday, 21 Apr 2017 06:40am EDT 

April 21 (Reuters) - Bebe Stores Inc :Bebe Stores-On April 18 entered into consulting agreement to, sell all merchandise and inventory owned by co, certain units in existing retail stores.Bebe Stores Inc- Company currently anticipates that it will close all of stores by end of May 2017.Bebe Stores - Expects to recognize impairment charge of approximately $20 million, net of deferred rent and other credits, as a result of closing stores.Bebe Stores Inc- Impairment charge will be recorded in third and fourth quarters of fiscal year 2017.  Full Article

Bebe Stores says committed to close 21 Bebe Store locations - SEC Filing
Wednesday, 5 Apr 2017 05:49pm EDT 

Bebe Stores Inc : Bebe Stores Inc - On March 28, 2017, Bebe Stores, Inc. committed to close 21 Bebe Store locations - SEC Filing . Continuing to explore options with respect to its remaining stores .Bebe Stores - Co to incur impairment charge related to closed stores of about $2.0 million, will make termination payment to landlord of about $7.4 million.  Full Article

Bebe Stores says exploring strategic alternatives
Wednesday, 22 Mar 2017 04:30pm EDT 

Bebe Stores Inc : Bebe Stores Inc exploring strategic alternatives . Bebe Stores Inc exploring strategic alternatives . Bebe Stores Inc - Bebe has retained B. Riley & Co as its financial advisor .Bebe Stores Inc - has also engaged a real estate advisor to assist with options related to its lease holdings.  Full Article

Bebe Stores Q2 loss per share $0.65
Thursday, 2 Feb 2017 04:30pm EST 

Bebe Stores Inc : Bebe Stores, Inc. announces second quarter fiscal year 2017 financial results . Q2 loss per share $0.65 . Q2 sales fell 16.8 percent to $101.9 million . Q2 same store sales fell 10.5 percent . Total capital expenditures for year are anticipated to be approximately $6 million . Bebe Stores Inc - mall traffic was below expectations for first three weeks of current fiscal quarter ending january 21, 2017 . For fiscal year 2017, does not plan to open any new store locations . Bebe Stores Inc - finished goods inventory per square foot is anticipated to decrease for remained of fiscal year compared to prior year .Bebe Stores Inc - for fiscal year 2017, company to close up to 25 Bebe and outlet stores.  Full Article

Lloyd Miller reports 5.5 pct passive stake in Bebe Stores
Thursday, 3 Nov 2016 05:29pm EDT 

Bebe Stores Inc :Lloyd Miller III reports 5.5 percent passive stake in Bebe Stores Inc as of November 2 - sec filing.  Full Article

Bebe Stores reports Q1 loss per share $0.10
Thursday, 3 Nov 2016 04:00pm EDT 

Bebe Stores Inc : For second fiscal quarter company believes comparable store sales will be in low to mid-single digit negative range . Finished goods inventory per square foot is anticipated to decrease in mid-teens for remained of fiscal year . For fiscal year 2017, company does not plan to open any new store locations and to close up to 28 bebe and outlet stores . Bebe stores, inc. Announces first quarter fiscal year 2017 financial results . Q1 loss per share $0.10 . Q1 sales fell 9.4 percent to $87.2 million .Q1 same store sales fell 3.2 percent.  Full Article

Bebe Stores Q4 loss per share $0.08
Thursday, 1 Sep 2016 04:00pm EDT 

Bebe Stores Inc : Bebe Stores, Inc. announces fourth quarter and fiscal year 2016 financial results . Q4 loss per share $0.08 from continuing operations excluding items . Q4 earnings per share $0.31 from continuing operations . Q4 sales fell 9 percent to $94.9 million . Q4 comparable store sales decreased 4.6 percent . Non-GAAP adjusted Q4 loss per share from continuing operations was $0.08 . For fiscal year 2017, company expects comparable store sales to be in negative low-single digit to positive low-single digit range . For fiscal year 2017, company does not plan to open any new store locations and to close up to 40 bebe and outlet stores .Capital expenditures for fiscal 2017 are anticipated to be about $6 million for relocation, remodels, information technology systems.  Full Article

BRIEF-B. Riley Financial assists Bebe stores to reorganize

* B. Riley Financial says to complete successful out of court restructuring, obtained $35 million bridge loan from Great American Capital Partners, Llc Source text for Eikon: Further company coverage: