Commenting on the FY 2006 guidance, Mike McCreery, Executive VP and CFO, stated, "As we have previously discussed, the acquired B.C. Moore stores will go through several different phases of operation during fiscal 2006. The 78 acquired stores will operate as B.C. Moore stores until mid-May.”
McCreery continued, "The projected impact of the B.C. Moore acquisition varies from phase to phase and, as we have detailed, will impact the Company's operating results differently in each quarter."
Looking ahead, the company estimates that in FY 2007, these stores will contribute sales of $95.0 - $100.0 million, net earnings of $4.0 - $5.0 million, and diluted earnings per share of $0.13 - $0.17, on approx. 29.9 million shares outstanding.
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 558 stores located in 31 states.
-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)")
