8-K

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

June 21, 2007

(Date of Report, date of earliest event reported)

Stage Stores, Inc.

(Exact name of registrant as specified in its charter)

1-14035

(Commission File Number)

NEVADA	91-1826900
(State or other jurisdiction of incorporation)	(I.R.S. Employer Identification No.)
10201 Main Street, Houston, Texas	77025
(Address of principal executive offices)	(Zip Code)

(800) 579-2302

(Registrant's telephone number, including area code)

Not Applicable

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

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-12 under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01. Other Events.

On June 21, 2007, Stage Stores, Inc. (the “Company”) issued a News Release announcing the completion of its $50 million stock repurchase program.  The Company also noted that it will continue to repurchase shares of its common stock utilizing proceeds received from the exercise of employee stock options.  A copy of the News Release is attached to this Form 8-K as Exhibit 99.

Item 9.01. Financial Statements and Exhibits.

(d)  Exhibits.

99 News Release issued by Stage Stores, Inc. on June 21, 2007 announcing the Company’s completion of its $50 million stock repurchase program. 

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.
June 22, 2007	/s/ Michael E. McCreery
(Date)	Michael E. McCreery
	Executive Vice President and
	Chief Financial Officer

EX-99

Exhibit 99

NEWS RELEASE

CONTACT:

Bob Aronson

Vice President, Investor Relations

800-579-2302

(baronson@stagestores.com)

FOR IMMEDIATE RELEASE

STAGE STORES ANNOUNCES COMPLETION OF $50 MILLION

STOCK REPURCHASE PROGRAM

HOUSTON, TX, June 21, 2007 - Stage Stores, Inc. (NYSE: SSI) today announced the completion of its previously announced $50 million Stock Repurchase Program that was approved by its Board of Directors on January 5, 2007.  The Company noted that it will continue to repurchase shares of its common stock utilizing proceeds received from the exercise of employee stock options, of which approximately $9.2 million is currently available.  Since the inception of its stock repurchase plans in 2002, the Company has spent a cumulative total of $218.0 million on stock repurchases, and has repurchased approximately 13.3 million shares.

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 through 667 stores located in 33 states.  The Company operates under the Bealls, Palais Royal and Stage names throughout the South Central states, and under the Peebles name throughout the Midwestern, Southeastern, Mid-Atlantic and New England states.  For more information about Stage Stores, visit the Company’s web site at www.stagestores.com.

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