By  on November 21, 2013

Stage Stores Inc. saw its net loss widen in the third quarter, as well as a decline in net sales for the period.

For the three months, the loss was $11 million, or 34 cents a diluted share, from a loss of $8.9 million, or 28 cents, a year ago. On an adjusted basis for both periods, the diluted earnings-per-share loss was 26 cents compared with 25 cents last year. Net sales were down 2.8 percent to $360.2 million from $370.6 million, with comps down 4.6 percent.

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