Bebe narrows loss in Q3

Brisbane, Calif. -- Women’s apparel retailer Bebe stores reported Thursday that it narrowed its loss for the quarter ended March 31 to $200,000, compared with a $2.6 million loss in the year-earlier period. Sales climbed 10.5% to $121 million, from $109.5 million. Same-store sales rose 7.2%. For the remainder of fiscal year 2012, the retailer said it expects to open three 2b stores and close two Bebe stores.