Stage Stores sees profits rise in Q2
Houston -- Stage Stores, Inc. reported net income of $11.2 million for the second quarter, compared with $9.6 million last year.
Total sales were $377 million. Same-store sales decreased 4.2%.
“We found the second quarter to be challenging, but we were encouraged that our sales trend improved towards the end of the quarter,” said Michael Glazer, CEO. “We expect improved second half results given our sales driving initiatives.”