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Stage Stores Inc (SSI.N)

SSI.N on New York Stock Exchange

2.28USD
26 May 2017
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$-0.02 (-0.87%)
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Latest Key Developments (Source: Significant Developments)

Stage Stores reports Q1 loss per share of $0.70
Thursday, 18 May 2017 06:00am EDT 

May 18 (Reuters) - Stage Stores Inc :Sees FY 2017 adjusted loss per share $0.95 to $1.55.Stage Stores reports first quarter results and declares quarterly cash dividend.Q1 adjusted loss per share $0.55.Q1 loss per share $0.70.Q1 sales fell 7.3 percent to $308.6 million.Q1 same store sales fell 9.6 percent.Sees FY 2017 sales $1.565 billion to $1.62 billion.Capital expenditures in 2017, net of construction allowances from landlords, are expected to be $40 million, compared to $67 million in 2016.  Full Article

Stage Stores to acquire selected assets of Gordmans
Thursday, 30 Mar 2017 12:50pm EDT 

Stage Stores Inc : Stage Stores to acquire selected assets of Gordmans . expect Gordmans business will be accretive to earnings . intends to fund transaction and related investments from existing cash and availability under its credit facility . Stage subsidiary will, subject to exceptions in purchase agreement, acquire a minimum of 50 Gordmans Store leases . acquisition expands Stage's portfolio with "addition of complementary concept and customer demographics in new midwest markets" . "plan to maintain Gordmans brand and look forward to welcoming a significant number of Gordmans employees to our company" . substantially all of remaining assets at Gordmans' remaining 48 stores, other facilities expected to be liquidated by Tiger Capital and Great American . Barclays acted as exclusive financial advisor to Stage Stores . unit prevailed in its bid to acquire select assets of Gordmans Stores, Inc. through a bankruptcy auction . unit to have rights to assume leases for additional 7 Gordman Stores; to buy all of Gordmans' inventory, other assets at 57 store locations .Cravath, Swaine & Moore LLP and McAfee & Taft, P.C. served as legal counsel to Stage Stores.  Full Article

Stage Stores says has not received any offer or other communication from HMA Acquisition
Thursday, 2 Mar 2017 02:38pm EST 

Stage Stores Inc : Stage stores issues statement . Stage stores inc says issues statement in response to a filing made with u.s. Sec by an entity "purporting to be named hma acquisition, inc" .Stage stores inc says has not received any offer or other communication from such entity and has not been able to confirm that such an entity exists.  Full Article

Stage Stores sees FY 2017 loss between $0.95-$1.55 per share
Thursday, 2 Mar 2017 06:30am EST 

Stage Stores Inc : Stage stores reports fourth quarter and annual results . Q4 adjusted earnings per share $0.20 . Q4 loss per share $0.25 . Q4 sales $454.4 million versus i/b/e/s view $449.1 million . Q4 earnings per share view $0.27 -- Thomson Reuters I/B/E/S . Stage stores inc - for q4, comparable sales decreased 8.5%, . Sees fy 2017 sales $1.33 billion to $1.385 billion . Stage stores inc - "as we look ahead to 2017, we expect external headwinds and customer behavior changes to persist" . Stage stores inc - expects 2017 sales to be in a range of $1,330 million to $1,385 million, assuming comparable sales in a range of -4% to -8% . Stage stores inc - 2017 loss per diluted share is expected to be between $0.95 and $1.55 .Fy2017 earnings per share view $-0.85, revenue view $1.44 billion -- Thomson Reuters I/B/E/S.  Full Article

Stage Stores reports Q3 results and declares quarterly cash dividend
Thursday, 17 Nov 2016 06:30am EST 

Stage Stores Inc : Stage Stores Inc - Anticipates Q4 comparable sales to be in range of -2% to -6% and earnings per diluted share to be between $0.65 and $0.90 . Stage Stores Inc - Capital expenditures in 2016, net of construction allowances from landlords, are expected to be approximately $65 million . Stage Stores reports third quarter results and declares quarterly cash dividend . Q3 loss per share $0.58 . Q3 same store sales fell 8.2 percent . Q3 adjusted loss per share $0.57 . Q3 sales $317.1 million versus I/B/E/S view $327.7 million .Q3 earnings per share view $-0.36 -- Thomson Reuters I/B/E/S.  Full Article

Stage Stores Q2 adjusted earnings per share $0.03
Thursday, 18 Aug 2016 06:30am EDT 

Stage Stores Inc : Q2 adjusted earnings per share $0.03 . Q2 sales $338.4 million versus I/B/E/S view $347.1 million . Q2 earnings per share view $0.05 -- Thomson Reuters I/B/E/S . Sees FY adjusted earnings per share $0.20 to $0.40 . Stage stores reports second quarter earnings and declares quarterly cash dividend . Q2 earnings per share $0.00 . Q2 same store sales fell 9.8 percent . Says affirmed its fiscal year guidance of comparable sales of -6% to -4% . Says affirmed its FY adjusted earnings per diluted share guidance of $0.20 to $0.40 . Sets quarterly cash dividend of $0.15per share . Says capital expenditures in 2016, net of construction allowances from landlords, are expected to be approximately $65 million .FY earnings per share view $0.20 -- Thomson Reuters I/B/E/S.  Full Article

Stage Stores Inc Q1 adjusted loss per share $0.56
Thursday, 19 May 2016 06:30am EDT 

Stage Stores Inc : Stage Stores reports first quarter results and declares quarterly cash dividend . Q1 adjusted loss per share $0.56 . Q1 loss per share $0.57 . Q1 sales $332.8 million versus i/b/e/s view $346.2 million . Q1 same store sales fell 8.5 percent . Sees FY adjusted earnings per share $0.20 to $0.40 . Stage Stores Inc sees FY 2016 comparable sales expected to be down 4% to down 6% . FY revenue view $1.54 billion -- Thomson Reuters I/B/E/S . FY earnings per share view $0.45 -- Thomson Reuters I/B/E/S . Q1 earnings per share view $-0.47 -- Thomson Reuters I/B/E/S . Board of directors has declared a quarterly cash dividend of 15 cents per share on company's common stock .Capital expenditures in 2016, net of construction allowances from landlords, are expected to be $65 million, compared to $87 million in 2015.  Full Article

Stage Stores Inc gives FY 2016 guidance
Thursday, 3 Mar 2016 06:30am EST 

Stage Stores Inc:Expects FY 2016 sales to be in a range of $1,530 to $1,560 million, assuming a -3% to -1% comparable sales.Expects FY 2016 earnings per diluted share (EPS) to be between $0.40 and $0.60.  Full Article

Stage Stores Inc board declares quarterly cash dividend
Friday, 20 Nov 2015 06:30am EST 

Stage Stores Inc:Board of Directors has declared a quarterly cash dividend of 15 cents per share on the Company's common stock.Payable on December 16 to shareholders of record date as on December 1.  Full Article

Stage Stores Inc announces resumption of share repurchase program
Thursday, 19 Nov 2015 06:30am EST 

Stage Stores Inc:Approved resumption of the $200 million share repurchase program authorized in 2011.Share purchases under program will be financed by existing cash, cash flow or other liquidity sources.  Full Article

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BRIEF-Stage Stores reports Q1 loss per share of $0.70

* Stage Stores reports first quarter results and declares quarterly cash dividend