-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, DGFOkK8XaHLXxXFB06hCFJ8+SVt1Plrj3S2yi9a/osyJpfE+T1+n0PB057EHfIlu cdHnBcsiPo4kBWoXq3ihuQ== 0000006885-03-000060.txt : 20031010 0000006885-03-000060.hdr.sgml : 20031010 20031010122416 ACCESSION NUMBER: 0000006885-03-000060 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20031010 ITEM INFORMATION: ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20031010 FILER: COMPANY DATA: COMPANY CONFORMED NAME: STAGE STORES INC CENTRAL INDEX KEY: 0000006885 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-FAMILY CLOTHING STORES [5651] IRS NUMBER: 911826900 STATE OF INCORPORATION: NV FISCAL YEAR END: 0130 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-14035 FILM NUMBER: 03936584 BUSINESS ADDRESS: STREET 1: 10201 MAIN ST CITY: HOUSTON STATE: TX ZIP: 77025 BUSINESS PHONE: 7136675601 MAIL ADDRESS: STREET 1: 10201 MAIN STREET CITY: HOUSTON STATE: TX ZIP: 77025 FORMER COMPANY: FORMER CONFORMED NAME: APPAREL RETAILERS INC DATE OF NAME CHANGE: 19930908 FORMER COMPANY: FORMER CONFORMED NAME: TEXTILE DISTRIBUTORS INC DATE OF NAME CHANGE: 19690521 8-K 1 cover_100703.htm

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 8-K

Current Report

 Pursuant to Section 13 or 15(d) of

The Securities Exchange Act of 1934

October 7, 2003

(Date of Report, date of earliest event reported)

Stage Stores, Inc.

(Exact name of registrant as specified in its charter)

000-21011

(Commission File Number)

NEVADA

(State or other jurisdiction

of incorporation)

91-1826900

(I.R.S. Employer Identification No.)

10201 Main Street, Houston, Texas

(Address of principal executive offices)

77025

(Zip Code)

(713) 667-5601

(Registrant's telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

 

ITEM 7. Financial Statements and Exhibits

    1. Financial statements of business acquired.
    2. Not applicable.

    3. Pro forma financial information.
    4. Not applicable.

    5. Exhibits.

99.1 News Release issued by Stage Stores, Inc. on October 7, 2003 reporting September 2003 sales.

ITEM 12. Results of Operations and Financial Condition

On October 7, 2003, Stage Stores Inc. issued a news release announcing its sales for September 2003.  A copy of the news release is attached to this Form 8-K as Exhibit 99.1.

This information shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

                                                                 

                                                                                                STAGE STORES, INC.

October 7, 2003                                                                      /s/ Michael E. McCreery                    

(Date)                                                                                      Michael E. McCreery

                                                                                                Executive Vice President and Chief

                                                                                                Financial Officer

 

 

 

 

 

 

EX-99.1 3 nr_100703.htm

Exhibit 99.1

 

NEWS RELEASE

CONTACT:

Bob Aronson
Director of Investor Relations
800-579-2302
(baronson@stagestores.com)

 

FOR IMMEDIATE RELEASE

STAGE STORES REPORTS SEPTEMBER SALES

HOUSTON, TX, October 7, 2003 - Stage Stores, Inc. (Nasdaq: STGS) today reported that comparable store sales for the five-week period ended October 4, 2003 decreased 3.8% as compared to the prior year five-week period ended October 5, 2002, during which comparable store sales decreased 1.8%. Total sales increased 0.6% to $69.2 million from $68.8 million in the prior year period.

The Company stated that its shoe department had a comparable store sales increase during the month, and its accessories, children's, cosmetics, men's and misses sportswear departments performed better than the Company average.

Jim Scarborough, Chairman, President and Chief Executive Officer, commented, "Although our comparable store sales were still negative in September, we did achieve improvement in our performance as compared to last month. Sales benefited from the onset of cooler weather in many of our key market areas towards the end of the month, as our customers showed a heightened interest in our fall merchandise."

Mr. Scarborough added, "On October 2nd, we opened new stores in Austin, Dickinson, Kaufman, San Benito and Selma, Texas, as well as in Cut Off, Lafayette and Slidell, Louisiana. As a group, the opening day sales significantly exceeded our expectations and we continue to be pleased with their current pace of business. Including these 8, we have opened 20 new stores year-to-date. Looking ahead, we are currently planning to open an additional 5 new stores on October 30th, and we plan to open our last 3 new stores of the fiscal year on November 20th, bringing our total new store openings for fiscal 2003 to 28. On October 4th, we closed one store located in Prescott, Arizona, which will be our only store closure for the fiscal year."

 

--more--

 

 

Stage Stores Reports September Sales
Page -2

 

SALES SUMMARY

Comparable Store Sales Trend

Total Sales

% Increase (Decrease)

($ in Millions)

Fiscal Period

2003

2002

2003

2002

1st Quarter

(7.5)%

7.0%

$198.0

$206.7

2nd Quarter

(3.5)

6.5

207.7

207.5

August

(7.3)

4.5

71.5

74.5

September

(3.8)

(1.8)

69.2

68.8

3rd Qtr-To-Date

(5.6)

1.4

140.7

143.3

Year-To-Date

(5.6)

5.3

546.4

557.5

 

The Company stated that it was releasing its September sales today rather than on Thursday, October 9th, which would have been the Company's customary release date, in order to coordinate with a separate news release issued by the Company today announcing, among other things, a definitive agreement to acquire Peebles Inc. As the other news release contains guidance for the third quarter, the Company believed it was more appropriate to release sales today.

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 throughout the south central United States. The Company currently operates a total of 373 stores in 13 states under the Stage, Bealls and Palais Royal names. For more information about Stage Stores, visit the Company's web site at www.stagestoresinc.com.

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including comments regarding the Company's expectations for the timing and the number of planned new store openings. The Company intends forward looking terminology such as "believes", "expects", "may", "will", "should", "anticipates", "plans" or similar expressions to identify forward-looking statements. Such statements are subject to certain risks and uncertainties which could cause the Company's actual results to differ materially from those anticipated by the forward-looking statements. These risks and uncertainties include, but are not limited to, those described in the Company's Annual Report on Form 10-K as filed with the Securities and Exchange Commission (the "SEC") on April 23, 2003, in the Company's Quarterly Reports on Form 10-Q as filed with the SEC and other factors as may periodically be described in other Company filings with the SEC.

####

-----END PRIVACY-ENHANCED MESSAGE-----