Stage Stores, Inc. reported that total sales for the four-week period ended October 30, 2004 increased 42.8% to $81.7 million from $57.2 million in the prior year four-week period ended November 1, 2003. Comparable store sales increased 1.8% versus a decrease of 9.3% last year.
The Company noted that total sales include sales for the Peebles stores in the current year's results only, while comparable store sales include comparable store sales for the Peebles stores in both years.
The Company stated that its accessories, children's, dresses, footwear, men's, misses sportswear and special sizes departments had comparable store sales increases during October.
For the third quarter ended October 30, 2004, the Company reported that total sales increased 44.2% to $285.3 million from $197.9 million last year. Comparable store sales, which benefited from the calendar shift in the Texas sales tax holiday weekend, increased 4.3% versus a decrease of 6.0% last year.
