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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.

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