More on Stage Stores' Q1

|About: Stage Stores, Inc. (SSI)|By:, SA News Editor

Stage Stores (SSI) reports comparable-store sales decreased 0.2% in Q1.

The cosmetics, childrens, misses sportswear, and footwear categories all showed comp gains during the period.

Gross profit as a percentage of sales fell 320 bps to 20.9% amid a highly promotional atmosphere in the company's sector.

FY14 EPS guidance is set at $1.25-$1.35.