Stage Stores Q4 profit edges up 2%

Houston -- Stage Stores Inc. reported Tuesday that profit for the fourth quarter rose 2% to $32.7 million, from $32 million a year earlier.



Revenue increased 6% to $479.1 million from $453.7 million, beating Wall Street's $468.2 million forecast.



For the year, Stage Stores reported net income of $31 million, down from $37.6 million in the prior year. Annual revenue climbed 3% to $1.51 billion.