Since we first profiled bebe stores (NASDAQ:BEBE) on January 29, recommending that investors open positions in shares of the retailer, shares of bebe have risen by over 37% through the close of trading on June 19, trouncing the S&P 500's 8.97% gain over the same time period. With a new management team and strategy, bebe is poised to continue not only its turnaround but its rally as well. Unless otherwise noted, financial statistics and management commentary cited in this article will come from one of three places: bebe's Q3 2013 earnings release, its Q3 2013 earnings conference call or its latest 10-Q filing.
Q3 Review: A Turnaround Underneath the Surface
In retail, turnarounds do not...
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