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Turnaround At Stage Stores Is Getting Traction

October 15th, 2019 · No Comments

  • Investors have celebrated the company’s promising Q2 results, most of it driven by their adoption of the off-price strategy.
  • As the results of this strategy are positive, management is now going all in, converting all its stores to off-price stores.
  • With the guided positive cash flow, bankruptcy risks would diminish considerably, but the company still has a long road ahead.
  • It’s for those investors that like these kind of high-risk, high-return turnaround situations.

Source: Turnaround At Stage Stores Is Getting Traction – Stage Stores, Inc. (NYSE:SSI) | Seeking Alpha

Tags: SSI