Bebe Stores, Inc. announced sales results for the second quarter and year to date ended December 29, 2012. For the quarter, the company reported retail sales of $124.6 million, a decrease of 11.7% compared to $141.1 million for the fiscal quarter ended December 31, 2011. The decrease was primarily driven by a 15% comparable store traffic decrease during the quarter, with December being the most negative. Comparable store sales for the fiscal quarter ended December 29, 2012 decreased 10.5% compared to an increase of 9.6% in the second fiscal quarter of the prior year. Comparable store sales were negatively impacted by approximately 2% due to the shift of the New Year's Eve into fiscal January as well as Hurricane Sandy.

Retail sales for the year-to-date period ended December 29, 2012 were $229.7 million, a decrease of 10.7% compared to $257.1 million for the year-to-date period ended December 31, 2011. Comparable store sales for the year-to-date period ending December 29, 2012 decreased 9.7% compared to an increase of 8.4% for the year-to-date period ending December 31, 2011.

For the quarter, the company currently anticipate the net loss will be at or below the lower end of previously provided guidance of $0.01 per share prior to certain one-time costs such as store impairment and write-off charges, recruiting expenses as well as other potential settlement costs.