Stage Stores (SSI) Reports October 2009 Sales; Comps Down

November 5, 2009 10:11 AM EST

Stage Stores, Inc. (NYSE: SSI) today reported that its total sales for the four week October period ended October 31, 2009 increased 2.9% to $101 million from $99 million in the prior year four week period ended November 1, 2008. Comparable store sales decreased 0.1% this year versus a decrease of 8.4% last year.

Dresses, footwear, intimates, juniors and men’s achieved comparable store sales increases during October. Misses sportswear performed at the Company average. The Southwest, South Central and Southeast regions achieved comparable store sales increases for the month.

For the third quarter ended October 31, 2009, the Company reported that total sales decreased 2.6% to $325 million from $334 million last year. Comparable store sales for the quarter decreased 5.4% versus a decrease of 10.3% in the prior year period.

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