bebe stores, inc. Announces Record Fourth Quarter Earnings of $0.24 per share.

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bebe stores, inc. Announces Record Fourth Quarter Earnings of $0.24 per share.

BRISBANE, Calif. -- bebe stores, inc. (Nasdaq:BEBE) today announced unaudited financial results for the fourth quarter ended July 1, 2006.

Net sales for the fourth quarter of fiscal 2006 were $152.2 million, up 11.2% from $136.9 million reported for the fourth quarter a year ago. As previously reported, same store sales for the thirteen-week period ended July 1, 2006 increased 3.5% compared to an increase of 34.2% in the prior year.

Gross margin as a percentage of net sales decreased to 50.5% in the fourth quarter of f...

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