Stage Stores Reports Comparable Store Sales Increase Of 6.5% For October And 8.1% For The Third Quarter

Stage Stores, Inc. (NYSE: SSI) today reported that total sales for the four week October period ended October 27, 2012 increased 9.8% to $113 million from $102 million in the prior year four week October period ended October 29, 2011. Comparable store sales for the October period increased 6.5%.

For the month, cosmetics, home & gifts, junior sportswear, men’s and misses sportswear posted comparable store sales gains that exceeded the Company average. Geographically, all regions of the country achieved a comparable store sales increase, with the Midwest, Northeast, South Central and Southwest regions outperforming.

For the third quarter, the Company reported that total sales increased 11.1% to $371 million from $333 million last year. Comparable store sales for the quarter increased 8.1%. For the first nine months of the fiscal year, total sales grew 8.2% to $1,118 million and comparable store sales increased 5.3%.

							SALES SUMMARY
												Comparable Store Sales											Total Sales
												% Increase (Decrease)											($ in Millions)
							Fiscal Period					2012					2011						2012					2011
							1 st Quarter					2.5					0.2						366					347
							2 nd Quarter					5.4					0.9						381					353
							August					6.5					(1.7)						124					113
							September					11.1					(0.7)						134					118
							October					6.5					0.8						113					102
							3 rd Quarter					8.1					(0.6)						371					333
							Year-To-Date (9 Mos)					5.3					0.2						1,118					1,033

Michael Glazer, President and Chief Executive Officer, commented, “October was another strong month for our company and provides us with nice momentum as we enter the critical fourth quarter. We feel we are well positioned for the important holiday shopping period with a solid combination of desirable merchandise assortments, a compelling promotional calendar and exciting store events.”

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