More on bebe stores (BEBE): FQ2 beats on the top line but comes up short on a per share basis,...

|About: bebe stores, inc. (BEBE)|By:, SA News Editor

More on bebe stores (BEBE): FQ2 beats on the top line but comes up short on a per share basis, as the retailer posts bigger losses on lower comp store sales and tighter margins. Net sales decreased by 10.9%, and gross margin as a percentage of net sales decreased to 33.9%, compared to 40.1% in the prior year. The decrease was primarily due to higher markdowns coupled with unfavorable occupancy leverage. Shares -4.3% AH.