Shares of Bebe Stores Inc. fell almost 10 percent in Nasdaq trading Tuesday after the company warned that its third-quarter loss would be deeper and its sales lower than previously expected.
The Brisbane, Calif.-based specialty retailer said in a preliminary report on results for the quarter ended April 4 that sales in the period fell 17.2 percent to $93 million as comparable-store sales fell 5.7 percent with gross margins below year-ago levels. Its loss per share, including non-cash impairment charges, is now expected to land between 29 and 32 cents a diluted share.
Steve Aoki held a presentation, a runway show and outdoor concert for his men's line Dim Mak. Here's a look from his spring 2018 collection, which was titled "Paradise Found." #wwdfashion #wwdmens (📷: George Chinsee)
"It's really hard sometimes. I think I have a reputation for being really tough and aggressive and pushy but I really am a very shy person who wants to be liked, and that's the conflict constantly. There's something that takes hold - I want people to like me, I don't want to be mean - but if I see something that just cries out to be answered, I go for it," says renowned NBC News correspondent Andrea Mitchell. (📷: @axeldupeux)