* Q1 sales $111.9 mln vs est $118.2 mln
* Q1 same-store sales fall 4.7 pct
* Shares fall 14 pct
Oct 7 Women's apparel retailer Bebe Stores Inc
(BEBE.O) posted lower first-quarter sales that trailed market
estimates by a wide margin, hurt partly by lower mall traffic,
sending its shares down 14 percent.
The retailer, which caters mainly to 18- to 25-year-olds,
said sales fell 7 percent to $111.9 million for the quarter
ended Oct 2.
Analysts on average were expecting sales of $118.2 million,
according to Thomson Reuters I/B/E/S.
Same-store sales at the company, which has been closing
underperforming stores and plans to discontinue its troubled
PH8 line to improve results, declined 4.7 percent.
Shares of the Brisbane, California-based company were down
69 cents at $6.30 Thursday morning on Nasdaq. They have lost
nearly a third of their value since touching a year-high in
(Reporting by Mihir Dalal in Bangalore; Editing by Anne