Interviews
News Flash
Stage stores declares Sept sales
06 Oct '05
3 min read
Fiscal 2005 - 4th Quarter:
For the fourth quarter, the Company now anticipates that revenues will be in a range of $406 to $414 million, with the expectation of a comparable store sales increase in the low single digits. Net income is currently projected to be in the range of $18.5 to $19.5 million, or earnings of $0.65 to $0.68 per diluted share, using an estimated diluted share count of 28.6 million shares. This compares to the Company's previously provided earnings guidance of $0.66 to $0.69 per diluted share for the fourth quarter.
Fiscal 2005 - Full Year:
Adjusting its 2005 full year outlook to reflect its updated third and fourth quarter guidance, the Company now anticipates that revenues will be in a range of $1.319 to $1.331 billion, with the expectation of a comparable store sales increase in the upper low single digits. Net income is currently projected to be in the range of $52.9 to $54.7 million, or earnings of $1.80 to $1.86 per diluted share, using an estimated diluted share count of 29.4 million shares. This compares to the Company's previously provided earnings guidance of $1.87 to $1.93 per diluted share for the fiscal year.
Stage Stores Inc brings nationally recognized brand name apparel, accessories, cosmetics and footwear for the entire family to small and mid-size towns and communities through 543 stores located in 30 states. The Company operates under the Stage, Bealls and Palais Royal names throughout the South Central states, and under the Peebles name throughout the Mid-Atlantic, Southeastern and Midwestern states.
For the fourth quarter, the Company now anticipates that revenues will be in a range of $406 to $414 million, with the expectation of a comparable store sales increase in the low single digits. Net income is currently projected to be in the range of $18.5 to $19.5 million, or earnings of $0.65 to $0.68 per diluted share, using an estimated diluted share count of 28.6 million shares. This compares to the Company's previously provided earnings guidance of $0.66 to $0.69 per diluted share for the fourth quarter.
Fiscal 2005 - Full Year:
Adjusting its 2005 full year outlook to reflect its updated third and fourth quarter guidance, the Company now anticipates that revenues will be in a range of $1.319 to $1.331 billion, with the expectation of a comparable store sales increase in the upper low single digits. Net income is currently projected to be in the range of $52.9 to $54.7 million, or earnings of $1.80 to $1.86 per diluted share, using an estimated diluted share count of 29.4 million shares. This compares to the Company's previously provided earnings guidance of $1.87 to $1.93 per diluted share for the fiscal year.
Stage Stores Inc brings nationally recognized brand name apparel, accessories, cosmetics and footwear for the entire family to small and mid-size towns and communities through 543 stores located in 30 states. The Company operates under the Stage, Bealls and Palais Royal names throughout the South Central states, and under the Peebles name throughout the Mid-Atlantic, Southeastern and Midwestern states.
Stage Stores Inc
Popular News
Leave your Comments
Editor’s Pick
Esteemed Clients
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
