Stage Stores, Inc. reported that its total sales for the four week November period ended Nov. 27increased 5.2% to $116 million from $110 million in the prior year four week period. Comparable store sales increased 2.4%.
Children's, cosmetics, footwear, junior's, men's, outerwear and young men's achieved comparable store sales increases during November. Geographically, the Mid Atlantic, Midwest, South Central, Southeast and Southwest regions had comparable store sales gains during the month.
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% Increase (Decrease) |
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($ in Millions) |
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Fiscal Period |
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2010 |
|
2009 |
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2010 |
|
2009 |
||
1st Quarter |
|
|
(0.6 |
) |
|
(9.0 |
) |
|
|
340 |
|
333 |
2nd Quarter |
|
|
(1.6 |
) |
|
(10.7 |
) |
|
|
345 |
|
342 |
3rd Quarter |
|
|
(0.3 |
) |
|
(5.4 |
) |
|
|
332 |
|
325 |
November |
|
|
2.4 |
|
|
(12.5 |
) |
|
|
116 |
|
110 |
Year-To-Date (10 Mos) |
|
|
(0.5 |
) |
|
(8.9 |
) |
|
|
1,133 |
|
1,110 |
Andy Hall, President and Chief Executive Officer, commented, “We remain optimistic about the holiday season as our new stores continued to perform well and our Texas stores registered a positive comp.”
The company completed its 2010 new store opening program during November with the opening of a Goody's store in Cullman, AL. It now has 789 stores located in 39 states. The company operates its stores under the five names of Bealls, Goody's, Palais Royal, Peebles and Stage.
