Stage Stores Reports 1.8% Surge In June Same-Store Sales

Stage Stores Inc SSI reported a 1.8% rise in its June sales at stores open at least a year. Stage Stores' total sales for the five-week period ending July 2 surged 3.4% to $134 million. Analysts were expecting same-store sales to increase 1.5%. Stage Stores shares dropped 1.12% to close at $17.60 yesterday. Read more from Benzinga's Company news.