IPO Company Profile
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Bebe Stores, Inc.
380 Valley Drive, Brisbane, CA 94005 * (415) 715-3900

The company designs, develops and produces a distinctive line of contemporary women's apparel and accessories, which it markets under the bebe and bebe moda brand name through its 85 specialty retail stores in 22 states.

Primary Underwriting Group
ManagerTierPhone
BancAmerica Robertson StephensLead Manager (415) 989-8500
Bear, Stearns & Co. Inc.Co-manager (212) 272-4850

Offering Information
NASNTL:BEBE Retail: SIC 5621
Type of Shares:Common Shares Filing Date:4/17/98
U.S. Shares:2,500,000 Offer Date:6/16/98
Non-U.S. Shares:0 Filing Range:$11.00 - $13.00
Primary Shares:1,250,000 Offer Price:$11.00
Secondary Shares:1,250,000 Gross Spread:$0.77
Offering Amount: $30,000,000 Selling:$0.44
Expenses:$700,000 Reallowance:$0.10
Post-IPO Shares:23,899,997
Employees:1012

Legal Counsel, Auditor and Registrar
Issuer's Law Firm: Gray Cary Ware & Freidenrich
Bank's Law Firm: Wilson, Sonsini, Goodrich & Rosati
Auditor: Deloitte & Touche

Selected Financial Data

Dollar amounts in U.S. millions except for per share data
6 Month Ending Financials
Full Year
Audited
Income
Latest
Unaudited
Income
Prior
Audited
Income
Balance
Sheet
6/30/97 12/31/97 12/31/96 12/31/97
Revenue:$95.09$74.78$45.25Assets:$43.56
Net Income:$5.15$9.32$2.43Curr Assets:$32.92
EPS:$0.23$0.41$0.11Liabilities:$18.52
Prior EPS:$0.00Curr Liab:$15.92
Cash Flow/Oper:$13.04$14.45$6.61Equity:$25.05
Cash Flow/Fin:-$4.61-$0.07$4.32Cash:$22.11
Cash Flow/Inv:-$1.00-$1.47-$1.06Working Cap:$17.01

Use of Proceeds
The proceeds from the proposed offering will be used for capital expenditures for new, expanded and relocated stores, improvements to the company's management information systems and expansion or relocation of its corporate offices and distribution center, with the remainder to be used for working capital and general corporate purposes.

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