Stage Stores Widens Q2 Loss

Stage Stores Inc. reported that for the second quarter, comparable sales decreased 0.2 percent. 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.

Ross Stores Lifts Store-Growth Targets

Ross Stores reported net earnings in the second quarter rose 22.7 percent as same-store sales grew 5 precent.  The off-pricer also increased its long-term store growth potential.

The Buckle’s Earnings Climb

The Buckle Inc. reported net income improved 36.5 percent to $15.7 million, or 32 cents per share, compared with $11.5 million, or 24 cents, for the second quarter of fiscal 2017.

Crew By True Rowing Announces Funding From Olympic Rower

Crew by True Rowing said it has landed $5 million in seed capital to bring a connected indoor rowing machine to market. Olympian and Indoor Rowing World Record Holder Richard M. Cashin and avid rowing enthusiast P. Andrews McLane, both private equity executives, are among those funding Crew by True Rowing to deliver the special benefits of on-the-water rowing to consumers worldwide.

Coca-Cola Invests In BodyArmor

The Coca-Cola Company and Bodyarmor announced that they have entered into a definitive agreement through which Coca-Cola will acquire a minority ownership stake in Bodyarmor.