Stage Stores, Inc. reported sales for the four week August period ended Aug. 27, 2011 of $113 million compared to $114 million for the prior year four week period ended August 28, 2010. Comparable store sales for August decreased 1.7 percent.
The company noted that its children’s, cosmetics, home & gifts and junior’s merchandise categories achieved comparable store sales increases during August. Geographically, the Southeast and Southwest regions had comparable store sales gains during the month.
The company also noted that twelve non-Goody’s stores were rebranded with the Goody’s name during August, which completed the Company’s 2011 rebranding program. Two stores were closed during the month.
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SALES SUMMARY |
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Comparable Store Sales |
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Total Sales |
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% Increase (Decrease)
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($ in Millions)
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Fiscal Period
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2011
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2010
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2011
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2010
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1st Quarter |
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0.2 |
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(0.6 |
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346 |
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340 |
2nd Quarter |
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0.9 |
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(1.6 |
) |
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353 |
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345 |
August |
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(1.7 |
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0.5 |
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113 |
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114 |
Year-To-Date (7 Mos) |
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0.2 |
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(0.9 |
) |
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812 |
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799 |
Stage Stores has 801 stores located in 39 states.
