Seeking Alpha

More on Stage Stores' Q1

  • 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.
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