Stage Stores said Thursday it will close about 90 stores, as the company posted worse-than-expected earnings for its latest quarter and lowered its profit forecast for the year. Commonly, stores open later than normal and close earlier than normal on major holidays, such as Easter Sunday, Thanksgiving Day and New Years Day. Stage Stores, Inc. (NYSE: SSI) announced today that, based upon a notice received earlier this week from the New York Stock Exchange “NYSE”, the compa Stage Stores’ stock plunged 59 percent to a low of 51 cents per share Wednesday amid reports that the Houston retailer is considering a financial … Identify stocks that meet your criteria using seven unique stock screeners. Only 11.60% of the stock of Stage Stores is held by insiders. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. Some companies that are related to Stage Stores include The TJX Companies (TJX), Ross Stores (ROST), The Gap (GPS), Foot Locker (FL), American Eagle Outfitters (AEO), Urban Outfitters (URBN), The Buckle (BKE), Abercrombie & Fitch (ANF), Guess' (GES), Zumiez (ZUMZ), The Children's Place (PLCE), Designer Brands (DBI), Shoe Carnival (SCVL), Genesco (GCO) and Citi Trends (CTRN). The company reported ($0.60) earnings per share for the quarter. Would you invest in a rapidly expanding drone company that has no debt and over $20 million dollars in the bank? The Company will simultaneously solicit bids for a going concern sale of the business or any of its assets and initiate an orderly wind-down of operations. MarketBeat's community ratings are surveys of what our community members think about Stage Stores and other stocks. The company earns $-87,710,000.00 in net income (profit) each year or ($2.14) on an earnings per share basis. Stage Stores has received 61.53% “underperform” votes from our community. Toggle Search. Stage Stores trades on the New York Stock Exchange (NYSE) under the ticker symbol "SSI." High institutional ownership can be a signal of strong market trust in this company. Police said they were "required" to spray the girl when she refused orders to get in a police car. Stage Stores Inc (NYSE:SSI) issued its quarterly earnings data on Thursday, August, 23rd. As of August 23, 2018, it operated 764 department stores in 42 states under the BEALLS, GOODY'S, PALAIS ROYAL, PEEBLES, and STAGE names; 63 GORDMANS off-price stores; and stage.com, an e-commerce Website. The corporate office was located in Houston, Texas.. Stage Stores Inc. said yesterday that it had postponed its planned $144 million initial public offering, citing a weaker market for new stocks. Why Stage Stores Stock Was Cut in Half Today The retail chain's weak sales for the all-important holiday shopping season had investors heading for the checkout lane. Stage Stores, which operates department store brands including Gordmans, Bealls and Goody's, is preparing for a bankruptcy filing that could come as … The retailer continues to execute on a turnaround strategy of converting to an off-price concept. The P/E ratio of Stage Stores is 0.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Same-store holiday season sales increased 1.4 percent for Stage stores. Its merchandise portfolio comprises moderately priced and brand name apparel, accessories, cosmetics, footwear, and home goods. To see all exchange delays and terms of use please see disclaimer. Will New Hire From Chanel Enhance L’Occitane’s Asian Prospects? The official website for Stage Stores is corporate.stage.com. 50.20% of the stock of Stage Stores is held by institutions. Stage Stores is No. The original stores were in the dollar model (back when a dollar was worth a lot more) and later named Bealls Department Store and managed by … Target is just the latest casualty of Australia's ailing retail sector, with the owner of the iconic department store, Wesfarmers, announcing the closure or rebranding of more than 160 sites. Stage Stores traces its history back to the 1920s, the decade when two of its banners, Palais Royal and Bealls, were founded. Stage Stores, Inc. (NYSE: SSI) announced today that, based upon a notice received earlier this week from the New York Stock Exchange “NYSE”, the compa The Houston-based operator of … It … Stage Stores operates 738 units across several banners, including Gordmans, which it acquired out of bankruptcy in 2017, as well as Bealls, Goody’s and the Stage name. Wall Street analysts have given Stage Stores a "N/A" rating, but there may be better short-term opportunities in the market. Learn about financial terms, types of investments, trading strategies and more. Would you invest in a rapidly expanding drone company that has no debt and over $20 million dollars in the bank?document.write(''); Sign-up to receive the latest news and ratings for SSI and its competitors with MarketBeat's FREE daily newsletter. Stage Stores, Inc. has filed voluntary petitions under Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of Texas, Houston Division. We recommend that you call ahead to check the exact Stage holiday hours of operation . Stage Stores is No. Stage Stores had a negative net margin of 5.78% and a negative trailing twelve-month return on equity of 34.21%. Get daily stock ideas top-performing Wall Street analysts. Third quarter highlights: Comparable sales increase P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Your Town, Your Store. The company can be reached via phone at 800-579-2302 or via email at [email protected]. Vote “Outperform” if you believe SSI will outperform the S&P 500 over the long term. NIVA thanks those across the country who sent 2.1 million emails to their elected officials expressing their support for the Save Our Stages Act. Save Our Stages Act Has passed as part of the COVID-19 Relief Bill . Stage Stores, which has been operating around 700 stores in some 42 states for years, is in the process of rebranding its entire retail … Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter. Why Stage Stores Stock Was Cut in Half Today Joe Tenebruso | Jan 13, 2020 The retail chain's weak sales for the all-important holiday shopping season had … ForLocations, The World's Best For Store Locations and Hours. Michael L Glazer is President/CEO at Stage Stores Inc. See Michael L Glazer's compensation, career history, education, & memberships. Thank you for helping to #SaveOurStages! There is not enough analysis data for Stage Stores. Stores were usually located in shopping malls and centers or in standalone locations. Despite recent rumors that Stage Stores, Inc. is preparing to file for Chapter 11 protection, the company is planning grand openings for 133 new Gordmans locations … Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: You have already added five stocks to your watchlist. Company profile page for Stage Stores Inc including stock price, company news, press releases, executives, board members, and contact information Despite recent rumors that Stage Stores, Inc. is preparing to file for Chapter 11 protection, the company is planning grand openings for 133 new Gordmans locations throughout the month of March. View which stocks are hot on social media with MarketBeat's trending stocks report. MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Stage Stores, the Houston-based buyer of bankrupt Gordmans assets, said in an email to the Post-Dispatch on Wednesday that only the Crystal City store … View our full suite of financial calendars and market data tables, all for free. Clothing retailer Stage Stores will close its Harvey location in January, part of a group of 20 closures for the brand nationwide. 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