Earnings Roundup: Stage Stores Inc. (NYSE: SSI)

Carlos Williams

I am Carlos Williams and I’m passionate about business and finance news with over 4 years in the industry starting as a writer working my way up into senior positions.

I am the driving force behind News Perception with a vision to broaden the company’s readership throughout 2016. I am an editor and reporter of “Services” category.

Address: 1411 Tully Street Detroit, MI 48219, USA
Phone: (+1) 313-676-2812
Email: Carloswilliams@newsperception.com
Carlos Williams

HOUSTON, October 21, 2019 – Shares of Stage Stores Inc. (NYSE: SSI) showed the bearish trend with a lower momentum of -1.38% to $2.14. The company traded total volume of 353.461K shares as contrast to its average volume of 358.75K shares. The company has a market value of $62.70M and about 29.30M shares outstanding.

Stage Stores, Inc. (SSI) reported net loss of $47.50M, and EBITDA adjusted for impairments was a loss of $27.50M. On a per-share basis, the Houston-based company said it had a loss of $1.67. The department store operator posted revenue of $327.70M in the period. Stage Stores expects a full-year loss of $2.25 to $2.10 per share, with revenue in the range of $1.59B to $1.62B.

The Company offered net profit margin of -6.80% while its gross profit margin was 26.80%. ROE was recorded as -49.10% while beta factor was 1.37. The stock, as of recent close, has shown the weekly downbeat performance of -9.70% which was maintained at 189.19% in this year.

Carlos Williams

Carlos Williams

I am Carlos Williams and I’m passionate about business and finance news with over 4 years in the industry starting as a writer working my way up into senior positions. I am the driving force behind News Perception with a vision to broaden the company’s readership throughout 2016. I am an editor and reporter of “Services” category. Address: 1411 Tully Street Detroit, MI 48219, USA Phone: (+1) 313-676-2812 Email: Carloswilliams@newsperception.com

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