Stage Stores Reports 1.4% Comparable Sales Increase for Holiday Period, Revises Annual Guidance - Seite 2

Forward-looking statements are not guarantees of future performance and actual results may differ materially from those discussed in the forward-looking statements as a result of various factors, including, but not limited to, economic conditions, cost and availability of goods, inability to successfully execute strategic initiatives, competitive pressures, economic pressures on the company and its customers, freight costs, the risks discussed in the Risk Factors section of the company’s most recent Annual Report on Form 10-K as filed with the Securities and Exchange Commission (“SEC”), and other factors discussed from time to time in the company’s other SEC filings. This release should be read in conjunction with such filings, and you should consider all of such risks, uncertainties and other factors carefully in evaluating forward-looking statements.

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¹ Historically, comparable sales have included dedicated ecommerce stores associated with the distribution centers that fulfilled orders. As part of the company’s transformation to off-price, the distribution centers are no longer fulfilling orders and the associated stores are being treated as closed for purposes of calculating comparable sales. Additionally, based on the pivot to Gordmans off-price stores, the company is no longer including dropship sales from its transactional department store site in the comparable sales calculation.

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