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Bebe Stores Inc.

November 7, 2009

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California-based clothier Bebe tumbled in the wake of a quarterly loss on lower sales. Bebe lost $4.2 million, or 5 cents per share, in the first quarter, compared with a profit of $11.2 million, or 12 cents per share, a year earlier. Analysts had expected profit to range from breakeven to 5 cents per share. Revenue fell 23 percent to $125.7 million as sales at stores open at least a year plunged 25.7 percent.