Stage Stores Reports December Sales; Comparable Store Sales Increase 7.3%
05 Janeiro 2006 - 9:00AM
Business Wire
Stage Stores, Inc. (Nasdaq:STGS) today reported that total sales
for the five-week period ended December 31, 2005 increased 9.2%, to
$241.9 million versus $221.5 million in last year's five-week
period ended January 1, 2005. Comparable store sales increased 7.3%
versus an increase of 3.1% last year. Jim Scarborough, Chairman,
President and Chief Executive Officer, commented, "We are very
pleased with our strong December sales performance. Our comparable
store sales were up 7.3%, with all of our major merchandise
categories achieving comparable store sales increases during the
month. Our accessories, young men's and children's departments led
the way with double-digit comparable store sales increases of
12.0%, 10.5% and 10.3%, respectively." Mr. Scarborough continued,
"Our December sales performance benefited from solid customer
demand for our merchandise assortments, as well as strong
comparable store sales gains in Louisiana and Mississippi, where
our customers are still recovering from the devastating impact of
hurricanes Katrina and Rita. Additionally, our gift card sales
during December, which are not included in our sales results until
they are redeemed, were up approximately 16.5% over last year,
reflecting the growing trend of giving gift cards as presents
during the holiday season." -0- *T SALES SUMMARY Comparable Store
Sales Trend Total Sales % Increase (Decrease) ($ in Millions)
Fiscal Period 2005 2004 2005 2004
----------------------------------------------------------------------
1st Quarter 4.9% 4.5% $310.1 $289.6 2nd Quarter 7.0 (3.2) 309.4
279.9 3rd Quarter 3.9 4.3 306.0 285.3 November 4.6 6.0 110.6 103.8
December 7.3 3.1 241.9 221.5 4th Qtr-To-Date 6.4 4.0 352.5 325.3
Year-To-Date (11 mos) 5.6 2.4 1,278.0 1,180.1 *T About Stage Stores
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 554 stores located in 31
states. The Company operates under the Bealls, Palais Royal and
Stage names throughout the South Central states, and under the
Peebles name throughout the Mid-Atlantic, Southeastern and
Midwestern states. For more information about Stage Stores, visit
the Company's web site at www.stagestores.com.
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