Stage Stores Reports 3.7% Surge In February Same-Store Sales

Stage Stores Inc

reported a 3.7% rise in its February same-store sales. Stage Stores' total sales climbed 7.1% to $101 million, versus $94 million, in the year-ago month. However, analysts were expecting same-store sales to rise 1.5%. Stage Stores shares closed at $14.95 yesterday.