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Stage Stores Inc Reaffirms FY 2013 EPS And Comparable Same Store Sales Guidance; Raises FY 2013 Revenue Guidance

Friday, 17 May 2013 06:00am EDT 

Stage Stores Inc announced that for fiscal 2013, it is maintaining its comparable store sales guidance of an increase of 2% to 4% and adjusted EPS guidance, excluding one-time items, of $1.45 to $1.55. The one-time items are associated with the consolidation of the Company's South Hill operations into its Houston headquarters and are estimated to be approximately $16 million, or $0.30 per diluted share, for the year. The Company also updated its fiscal 2013 revenue guidance and expects revenue to be in the range of $1.698-$1.730 billion. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $1.715 billion and EPS of $1.53 for fiscal 2013. 

Company Quote

0.08 +0.43%
21 Jul 2014