Certainly not complaining, but anyone know why the run-up today? Today's rise is bigger than the market,bigger than retail XTF's. Don't see any stock specific reason for the jump--went ex-div 2 days ago, so not dividend seekers jumping in. Just a happy rise?
I think expectations for Bebe having a decent Christmas are good.
The merchandise is better and sales were tracking ahead of plan in October. They still were projecting mid-single digit sale growth for the quarter. Inventories are lean so margins should hold with no big markdowns.
Bebe only announces sales at the end of each quarter. Cross your fingers for good news in early January.
I've owned shares for several years and Bebe is finally showing improving results.