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11/6/2009 - Bebe Stores (NASDAQ:BEBE) shares fell 8% on Friday after the company posted a fiscal Q1 loss due to lower sales, according to an AP report. The company lost $4.2 million, or 5 cents per share. Revenues fell 23% to $125.7 million as sales at stores open for at least a year fell 25.7%. The report also said that an analyst with Boenning & Scattergood said operating results were worse than it appeared since the profit was boosted by a lower tax rate. Analyst Holly Guthrie said that the company issued disappointing guidance for Q4 and therefore lowered the firm's estimate to 2 cents per share, down from 6 cents per share, vs. the consensus estimates of 4 cents per share. Guthrie maintained a rating of "neutral".

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