(:SSI)
Business Focus: N/A
May 10, 2020 09:53 pm ET
Stage Stores Commences Voluntary Chapter 11 Process
Stage Stores, Inc. (NYSE: SSI) (“Stage” or the “Company”) today announced that the Company has filed voluntary petitions under Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of Texas, Houston Division. The Company will simultaneously solicit bids for a going concern sale of the business or any of its assets and initiate an orderly wind-down of operations. The Company will terminate the wind-down of operations at certain locations if it receives a viable going-concern bid.
Mar 27, 2020 06:33 pm ET
Stage Stores Provides COVID-19 Business Update
Stage Stores, Inc. (NYSE: SSI) (“Stage” or the “Company”) today announced a series of steps the Company is taking to reduce costs and preserve liquidity in response to increasingly challenging market conditions and the impact of the COVID-19 pandemic. These steps include:
Mar 18, 2020 04:15 pm ET
Stage Stores Addresses NYSE Listing Standards
Stage Stores, Inc. (NYSE: SSI) announced today that it received notification from the New York Stock Exchange (“NYSE”) on March 12, 2020 that the company is no longer in compliance with the NYSE continued listing criteria that requires listed companies to maintain an average closing share price of at least $1.00 over a consecutive 30 trading-day period.
Jan 13, 2020 06:30 am ET
Stage Stores Reports 1.4% Comparable Sales Increase for Holiday Period, Revises Annual Guidance
Stage Stores, Inc. (NYSE: SSI) today reported comparable sales for the holiday period. For the nine-week period ended January 4, 2020, comparable sales increased 1.4% as compared to the nine-week period ended January 5, 2019.1 For the 48-week year to date period, comparable sales increased 4.2%.
Dec 30, 2019 06:30 am ET
Stage Stores Announces Participation in the 22nd Annual ICR Conference
Stage Stores, Inc. (NYSE: SSI) today announced that the company will be participating in the 22nd annual ICR Conference in Orlando, FL at The Grand Lakes Orlando on Monday, January 13, 2020 with a presentation at 2:00 pm Eastern Time.
Nov 21, 2019 06:30 am ET
Stage Stores Reports 17.4% Comparable Sales Increase for the Third Quarter, Raises Fiscal 2019 Guidance
Stage Stores, Inc. (NYSE:SSI) today reported results for the third quarter ended November 2, 2019.
Nov 07, 2019 06:30 am ET
Stage Stores Announces Third Quarter Earnings Release Date and Conference Call Information
Stage Stores, Inc. (NYSE: SSI) today announced that it will release its third quarter financial results on Thursday, November 21, 2019. The release of the company’s results will be followed by a pre-recorded conference call, which will occur at 8:30 a.m. Eastern Time on the same day.
Oct 23, 2019 06:30 am ET
Stage Stores Announces In-Store Package Pick-up with Amazon Hub Counter
Stage Stores, Inc. (NYSE: SSI) announced today that customers now have the option to pick-up Amazon orders at their local Gordmans off-price and Stage department stores. The Stage community of stores has launched Amazon Hub Counter in over 500 locations nationwide and plans to roll out Counter to its remaining stores before the end of year.
Oct 03, 2019 06:30 am ET
Stage Stores Regains Compliance with NYSE Minimum Share Price Listing Standards
Stage Stores, Inc. (NYSE: SSI) announced today that, based upon a notice received earlier this week from the New York Stock Exchange “NYSE”, the company has regained compliance with NYSE continued listing criteria requiring listed companies to maintain an average closing share price of at least $1.00 over a consecutive 30 trading-day period.
Sep 17, 2019 06:30 am ET
Stage Stores Announces Total Company Conversion to Off-Price
Stage Stores, Inc. (NYSE: SSI) today announced plans to convert substantially all its stores to off-price. Based on the success of the conversion strategy, the Company plans to begin converting its remaining department stores in February of 2020, and expects to be operating approximately 700 predominantly small-market Gordmans off-price stores by the third quarter of fiscal 2020. A limited number of stores may continue to operate under their existing department store nameplates until closure is permitted by lease. The Company plans to close approximately 40 stores during fiscal 2020. Capital s
Aug 22, 2019 06:30 am ET
Stage Stores Reports 1.8% Second Quarter Comparable Sales Increase
Stage Stores, Inc. (NYSE: SSI) today reported results for the second quarter ended August 3, 2019. For the second quarter, comparable sales increased 1.8%. Net loss was $23.9 million, and adjusted EBITDA was a loss of $0.1 million.
Aug 08, 2019 06:30 am ET
Stage Stores Announces Second Quarter Earnings Release Date and Conference Call Information
Stage Stores, Inc. (NYSE: SSI) today announced that it will release its second quarter financial results on Thursday, August 22, 2019. The release of the company’s results will be followed by a pre-recorded conference call, which will occur at 8:30 a.m. Eastern Time on the same day.
Jul 23, 2019 06:30 am ET
Stage Stores Announces Expansion of Off-Price Conversion Strategy
Stage Stores, Inc. (NYSE: SSI) announced plans to convert an additional 100 stores to Gordmans off-price in 2020, bringing the total number of 2020 off-price conversions to 250. In 2019, the company expects to complete 89 conversions, including 37 converted stores in March, 35 converted stores and one new store in June, and 17 planned conversions in September. The Company expects to end Fiscal 2019 with 158 Gordmans stores. Inclusive of the 100 additional conversions planned for next year, 2020 Gordmans store count will now exceed 400 stores and 2020 Gordmans sales are expected to be well in e
Jun 26, 2019 04:15 pm ET
Stage Stores Addresses NYSE Listing Standards
Stage Stores, Inc. (NYSE: SSI) announced today that it received notification from the New York Stock Exchange (“NYSE”) on June 20, 2019 that the company is no longer in compliance with the NYSE continued listing criteria that requires listed companies to maintain an average closing share price of at least $1.00 over a consecutive 30 trading-day period.
May 23, 2019 06:30 am ET
Stage Stores Reports First Quarter Results and Reaffirms Fiscal Year 2019 Guidance
Stage Stores, Inc. (NYSE: SSI) today reported results for the first
quarter ended May 4, 2019 and reaffirmed guidance for fiscal year 2019.
For the first quarter, comparable sales decreased 3.1%. Net loss was
$47.5 million, and EBITDA adjusted for impairments was a loss of $27.5
million.
May 09, 2019 06:30 am ET
Stage Stores Announces First Quarter Earnings Release Date and Conference Call Information
Stage Stores, Inc. (NYSE: SSI) today announced that it will release its
first quarter financial results on Thursday, May 23, 2019. The release
of the company’s results will be followed by a pre-recorded conference
call, which will occur at 8:30 a.m. Eastern Time on the same day.
Apr 04, 2019 06:30 am ET
Stage Stores Regains Compliance with NYSE Minimum Share Price Listing Standards
Stage Stores, Inc. (NYSE:SSI) announced today that, based upon a notice
received earlier this week from the New York Stock Exchange “NYSE”, the
company has regained compliance with NYSE continued listing criteria
requiring listed companies to maintain an average closing share price of
at least $1.00 over a consecutive 30 trading-day period.
Mar 28, 2019 06:30 am ET
Stage Stores Announces Acceleration and Expansion of Off-Price Store Conversion Strategy
Stage Stores, Inc. (NYSE: SSI) announced that, following strong results
for both the 9 off-price conversions completed in 2018 and the 37
off-price conversions completed in the first quarter of 2019, the
company is accelerating and expanding the rollout of its off-price
growth strategy. The 35 second quarter conversions, which were
previously planned for back-to-school, will now be completed in June,
and an additional 10 to 15 stores will be converting in the third
quarter. With approximately 85 total conversions in 2019, the company
now
Mar 07, 2019 06:30 am ET
Stage Stores Reports Fourth Quarter Results and Initiates Fiscal 2019 Guidance
Stage Stores, Inc. (NYSE:SSI) today reported results for the fourth
quarter and fiscal year ended February 2, 2019 and initiated guidance
for fiscal year 2019. For the fourth quarter, total company comparable
sales decreased 2.4%. Shifted comparable sales, comparing the thirteen
weeks ended February 2, 2019 and February 3, 2018, increased 0.6%. Net
loss, including $14.9 million of non-cash tradename impairment, was $7.8
million and fourth quarter EBITDA adjusted for impairments was $27.1
million.
Feb 21, 2019 06:30 am ET
Stage Stores Announces Fourth Quarter Earnings Release Date and Conference Call Information
Stage Stores, Inc. (NYSE: SSI) today announced that it will release its
fourth quarter and fiscal 2018 financial results on Thursday, March 7,
2019. The release of the company’s results will be followed by a
pre-recorded conference call, which will occur at 8:30 a.m. Eastern Time
on the same day.
Feb 04, 2019 04:15 pm ET
Stage Stores Names Jason Curtis as Executive Vice President and Chief Financial Officer
Stage Stores, Inc. (NYSE:SSI) announced the promotion of Jason Curtis to
Executive Vice President, Chief Financial Officer and Treasurer.
Feb 01, 2019 04:15 pm ET
Stage Stores Addresses NYSE Listing Standards
Stage Stores, Inc. (NYSE: SSI) announced today that it received
notification from the New York Stock Exchange (“NYSE”) on January 28,
2019 that the company is no longer in compliance with the NYSE continued
listing criteria that requires listed companies to maintain an average
closing share price of at least $1.00 over a consecutive 30 trading-day
period.
Jan 14, 2019 06:00 am ET
Stage Stores Reports Comparable Sales for Holiday Period and Announces Multi-Year Plan to Accelerate Off-Price Growth
Stage Stores, Inc. (NYSE:SSI) today reported comparable sales for the
holiday period. On a shifted basis, which compares the nine-week period
ended January 5, 2019 compared to the nine-week period ended January 6,
2018, Gordmans off-price stores comparable sales increased 2.4%,
department stores comparable sales decreased 0.4%, and total company
comparable sales increased 0.1%. E-commerce continued its trend of
double digit sales growth.
Jan 02, 2019 06:30 am ET
Stage Stores Announces Participation in the 21st Annual ICR Conference
Stage Stores, Inc. (NYSE: SSI) today announced that the Company will be
participating in the 21st annual ICR Conference in Orlando, FL at The
Grand Lakes Orlando on Monday, January 14, 2019 with a fire side chat
presentation at 3:00 pm Eastern Time.
Nov 20, 2018 06:30 am ET
Stage Stores Reports Third Quarter Results
Stage Stores, Inc. (NYSE: SSI) today reported results for the third
quarter ended November 3, 2018, and updated guidance for fiscal year
2018. For the third quarter, Gordmans off-price stores comparable sales
increased 9.9%, department stores comparable sales decreased 5.5%, and
total company comparable sales decreased 2.8%. On a shifted comparable
sales basis, comparing the thirteen weeks ending November 3, 2018 and
November 4, 2017, off-price increased 10.3%, department stores decreased
4.1%, and total company decreased 1.5%. Loss before incom
Nov 08, 2018 06:00 am ET
Stage Stores Announces Third Quarter Earnings Release Date and Conference Call Information
Stage Stores, Inc. (NYSE: SSI) today announced that it will release its
third quarter fiscal 2018 financial results on Tuesday, November 20,
2018. The release of the Company’s results will be followed by a
pre-recorded conference call, which will occur at 8:30 a.m. Eastern Time
on the same day.
Aug 23, 2018 06:30 am ET
Stage Stores Reports Second Quarter Results and Updates Guidance
Stage Stores, Inc. (NYSE:SSI) today reported results for the second
quarter ended August 4, 2018, and updated guidance for fiscal year 2018.
For the second quarter, comparable sales decreased 0.2%. Loss before
income tax was $16.8 million compared to a loss before income tax of
$9.6 million in the second quarter 2017, driven by investments in the
growth of the off-price business, additional supply chain costs, and
increased promotional markdowns.
Aug 09, 2018 06:00 am ET
Stage Stores Announces Second Quarter Earnings Release Date and Conference Call Information
Stage Stores, Inc. (NYSE:SSI) today announced that it will release its
second quarter fiscal 2018 financial results on Thursday, August 23,
2018. The release of the Company’s results will be followed by a
pre-recorded conference call, which will occur at 8:30 a.m. Eastern Time
on the same day.
Aug 08, 2018 04:01 pm ET
Stage Stores Announces Departure of CFO and Appoints Jason Curtis as Interim Chief Financial Officer
Stage Stores, Inc. (NYSE:SSI) announced that Oded Shein, its Executive
Vice President, Chief Financial Officer and Treasurer, resigned his
position effective August 10, 2018 to pursue another opportunity. The
company has appointed Jason Curtis as interim Chief Financial Officer
and Treasurer. Mr. Curtis has been with Stage since 2011, most recently
serving as its Senior Vice President, Finance and Credit since March
2017. Mr. Curtis also held the roles of Group Vice President, Finance
and Credit from May 2016 to March 2017, Vice President, Finan
Jun 06, 2018 06:30 am ET
Stage Stores Announces Participation in the Jefferies 2018 Global Consumer Conference
Stage Stores, Inc. (NYSE:SSI) announced that the company will be
participating in the Jefferies 2018 Global Consumer Conference held in
Nantucket, Massachusetts. The company will host investor meetings on
Tuesday and Wednesday, June 19 and June 20, 2018.
May 24, 2018 06:30 am ET
Stage Stores Reports First Quarter Results and Declares Quarterly Cash Dividend
Stage Stores, Inc. (NYSE:SSI) today reported results for the first
quarter ended May 5, 2018, and reaffirmed guidance for fiscal year 2018.
For the first quarter, comparable sales decreased 2.8%. Loss before
income tax was $31.5 million, compared to a loss before income tax of
$27.9 million in the first quarter 2017.
May 10, 2018 06:00 am ET
Stage Stores Announces First Quarter Earnings Release Date and Conference Call Information
Stage Stores, Inc. (NYSE:SSI) today announced that it will release its
first quarter fiscal 2018 financial results on Thursday, May 24, 2018.
The release of the Company’s results will be followed by a pre-recorded
conference call, which will occur at 8:30 a.m. Eastern Time on the same
day.
Apr 26, 2018 05:43 pm ET
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces an Investigation Concerning Possible Breaches of Fiduciary Duty by Certain Officers and Directors of Stage Stores, Inc.
Levi & Korsinsky announces it has commenced an investigation of Stage
Stores, Inc. (NYSE: SSI) concerning possible breaches of fiduciary duty.
To obtain additional information, go to:
Mar 08, 2018 06:00 am ET
Stage Stores Reports Fourth Quarter Positive Comparable Sales and EPS Improvement
Stage Stores, Inc. (NYSE:SSI) today reported results for the fourth
quarter and fiscal year ended February 3, 2018, and provided guidance
for fiscal year 2018. For the fourth quarter, comparable sales increased
1.1% and net income was $5.6 million, or $0.19 per diluted share,
compared to a net loss of $6.8 million or $0.25 per diluted share in the
fourth quarter of 2016. On an adjusted basis, including the impact of
tax matters and other items discussed below, fourth quarter net income
was $13.6 million, or $0.45 per diluted share, compared to n
Feb 27, 2018 06:00 am ET
Stage Stores Announces Participation in the Bank of America Merrill Lynch 2018 Consumer and Retail Technology Conference
Stage Stores, Inc. (NYSE:SSI) today announced that the company will be
participating in the Bank of America Merrill Lynch 2018 Consumer and
Retail Technology Conference in New York City, NY at the St. Regis Hotel
on Tuesday, March 13, 2018 with a fireside chat presentation at 1:00 pm
Eastern Daylight Time.
Feb 23, 2018 06:00 am ET
Stage Stores Announces Fourth Quarter Earnings Release Date and Conference Call Information
Stage Stores, Inc. (NYSE:SSI) today announced that it will release its
fiscal 2017 and fourth quarter financial results on Thursday, March 8,
2018. The release of the Company’s results will be followed by a
pre-recorded conference call, which will occur at 8:30 a.m. Eastern Time
on the same day.
Feb 22, 2018 06:00 am ET
Stage Stores Board Declares Quarterly Cash Dividend
Stage Stores, Inc. (NYSE:SSI) today announced that its Board of
Directors declared a quarterly cash dividend of 5 cents per share on the
Company’s common stock, payable on March 21, 2018 to shareholders of
record at the close of business on March 6, 2018.
Jan 08, 2018 06:00 am ET
Stage Stores Reports 1.1% Comparable Sales Increase for Holiday Period
Stage Stores, Inc. (NYSE:SSI) today reported a comparable sales increase
of 1.1% for the nine-week period ended December 30, 2017. The Company
also narrowed its guidance for 2017 to an adjusted loss per diluted
share of $0.90 to $1.15 and comparable sales of -4.0% to -4.5%, from the
previously communicated guidance of an adjusted loss per diluted share
of $0.90 to $1.25 and comparable sales of -4.0% to -6.0%. Guidance is
exclusive of the impact of federal tax reform and the valuation of net
deferred tax assets.
Jan 02, 2018 07:00 am ET
Stage Stores Announces Participation in the 20th Annual ICR Conference
Stage Stores, Inc. (NYSE:SSI) today announced that the Company will be
participating in the 20th annual ICR Conference in Orlando, FL at The
Grand Lakes Orlando on Monday, January 8, 2018 with a presentation at
3:30 pm Eastern Standard Time.
Nov 16, 2017 06:00 am ET
Stage Stores Reports Third Quarter Results, Declares Quarterly Cash Dividend, and Narrows Guidance Range
Stage Stores, Inc. (NYSE:SSI) today reported financial results for the
third quarter ended October 28, 2017. For the third quarter, comparable
sales declined 3.9%. Net loss for the quarter was $17.7 million, or a
$0.64 loss per diluted share, including an estimated negative impact of
$0.05 per diluted share from Hurricanes Harvey and Irma.
Nov 02, 2017 07:00 am ET
Stage Stores Announces Third Quarter Earnings Release Date and Conference Call Information
Stage Stores, Inc. (NYSE:SSI) today announced that it will release its
fiscal 2017 third quarter financial results on Thursday, November 16,
2017. The release of the Company’s results will be followed by a
conference call, which will be held at 8:30 a.m. Eastern Time on the
same day.
Jan 24, 2017 06:10 pm ET
LogMeIn and Bioverativ Set to Join the S&P MidCap 400; Others to Join S&P SmallCap 600
NEW YORK, Jan. 24, 2017 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 indices:
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