STAGE STORES PROVIDES HURRICANE RITA UPDATE
30 Septembre 2005 - 9:15PM
Business Wire
Stage Stores, Inc. (Nasdaq:STGS) today provided an update on the
number of stores still closed as a result of Hurricane Rita. The
Company reported that, as of today, all but fourteen of its
affected stores had reopened for business. Of the stores that are
still closed, the Company anticipates that nine will reopen in the
near future as power is restored in their respective areas. The
Company stated that the remaining five closed stores will require
further assessment to determine their reopening timing and status.
The Company noted that its next Hurricane Rita update would be
provided next Thursday in conjunction with the release of its
September sales results. About Stage Stores 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 543 stores located in 30 states. The
Company operates under the Stage, Bealls and Palais Royal names
throughout the South Central states, and under the Peebles name
throughout the Mid-Atlantic, Southeastern and Midwestern states.
For more information about Stage Stores, visit the Company's web
site at www.stagestoresinc.com. "Safe Harbor" Statement This news
release contains "forward-looking statements" within the meaning of
the Private Securities Litigation Reform Act of 1995, including
comments regarding the Company's expectations that nine of its
currently closed stores will reopen in the near future. The Company
intends forward looking terminology such as "believes," "expects,"
"may," "will," "should," "could," "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 28, 2005,
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.
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