UPDATE: Stage Stores Posts Wider Q3 Loss, Lowers View
November 21, 2013 at 08:47 AM EST
Stage Stores (NYSE: SSI ) posted a wider fiscal third-quarter loss and cut its forecast. Stage Stores now expects same-store sales drop of 1.1% to 0.5%. It lowered its adjusted earnings outlook for the year to $1.20 to $1.30 per share versus $1.30 to $1.40 per share. The company also