Stage Stores, Inc. Reports Sales Results for the Nine-Week Period Ended December 30, 2017; Narrowing Loss Per Share Guidance for 2017
The company also narrowed its loss per share guidance for 2017. The company expects an adjusted loss per diluted share of $0.90 to $1.15 and comparable sales of -4.0% to -4.5%, from the previously communicated guidance of an adjusted loss per diluted share of $0.90 to $1.25 and comparable sales of -4.0% to -6.0%. Guidance is exclusive of the impact of federal tax reform and the valuation of net deferred tax assets.