Net sales from continuing operations for the year ended June 30, 2012 were $530.8 million, up 7.6% from $493.3 million for the year ended July 2, 2011. Comparable store sales for the year ended June 30, 2012 increased 5.3% compared to an increase of 0.6% in the prior year.Gross margin from continuing operations as a percentage of net sales increased to 39.8% for the fiscal year ended June 30, 2012, compared 38.9% in fiscal 2011. The increase in gross margin as a percentage of net sales from the prior year was primarily due to positive occupancy leverage.
Bebe Stores, Inc. Announces Fourth Quarter Results
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