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Stage Stores Reports Comparable Store Sales Increase Of 10.5% For January, 6.6% For The Fourth Quarter And 5.7% For The 2012 Fiscal Year

Store Activity

The Company reported that it closed a store in Baytown, TX during January. For the 2012 fiscal year, the Company opened 56 new stores and closed 5 stores. As a result of its store activity, the Company’s store count grew from 813 stores at the beginning of the year to 864 stores at the end of the year.

Reporting of Fourth Quarter and Full Year Results

The Company plans to report its fourth quarter and 2012 fiscal year results before the market opens on Tuesday, March 12, 2013, and will hold a conference call and webcast the same day beginning at 8:30 a.m. Eastern Time.

About Stage Stores

Stage Stores, Inc. operates primarily in small and mid-sized towns and communities. Its stores, which operate under the Bealls, Goody’s, Palais Royal, Peebles, Stage and Steele’s names, offer moderately priced, nationally recognized brand name apparel, accessories, cosmetics and footwear for the entire family. The Company operates 864 stores in 40 states. The Company also has an eCommerce website. For more information about Stage Stores, visit the Company’s web site at www.stagestoresinc.com.

Caution Concerning Forward-Looking Statements

This document contains “forward-looking statements”. Forward-looking statements reflect our expectations regarding future events and operating performance and often contain words such as "believe", "expect", "may", "will", "should", "could", "anticipate", "plan" or similar words. In this document, forward-looking statements include comments regarding the Company’s expectations that it will meet or exceed the high end of its earnings guidance range for the 2012 fiscal year. Forward-looking statements also include comments regarding the Company’s expectations that it will continue to deliver strong sales and earnings growth. Forward-looking statements are subject to a number of risks and uncertainties which could cause actual results to differ materially from those anticipated by the forward-looking statements. These risks and uncertainties include, but are not limited to, those described in our Annual Report on Form 10-K as filed with the Securities and Exchange Commission (the "SEC") on March 28, 2012, and other factors as may periodically be described in our other filings with the SEC. Forward-looking statements speak only as of the date of this document. We do not undertake to update our forward-looking statements.

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