CORRECTED - CORRECTED-UPDATE 1-Build-A-Bear Q3 loss hurt by concept closure

(Corrects to "concept" from "brand" in headline and paragraphs 1 and 3)

*Q3 loss 2 cents a share, excluding items.

*Same-store sales down 11.6 percent.

*Revenue down 2 pct to $107.2 million. (Recasts, adds details)

Oct 16 (Reuters) - Stuffed-toys retailer Build-A-Bear Workshop Inc (BBW.N) posted a third-quarter loss, hurt mainly by a charge related to the previously announced closure of its friends 2B made concept, a line of make-your-own dolls and related products.

The company reported a net loss of $2 million, or 11 cents a share, for the quarter ended Sept. 27, compared with a net profit of $3 million, or 15 cents a share, a year ago.

Excluding a 9-cent charge related to the closure of its friends 2B made concept, Build-A-Bear posted a net loss of 2 cents a share.

Analysts on average expected the company to earn 2 cents a share, before special items, on revenue of $110.2 million, according to Reuters Estimates.

Revenue fell about 2 percent to $107.2 million.

Same-store sales fell 11.6 percent for the period.

The retailer, which lets customers make their own stuffed animals, said it expects to incur pretax charges of about $1.9 million to $2.3 million during the fourth quarter of fiscal 2008 and through the third quarter of fiscal 2009.

Shares of the St. Louis-based company closed at $4.78 Wednesday on the New York Stock Exchange. (Reporting by Divya Nair in Bangalore; Editing by Mike Miller)