Stein Mart, Inc. Reports June 2009 Sales
July 09 2009 - 6:30AM
PR Newswire (US)
JACKSONVILLE, Fla., July 9 /PRNewswire-FirstCall/ -- Stein Mart,
Inc. (NASDAQ:SMRT) today reported total sales and comparable store
sales for the fiscal period(s) ended July 4, 2009. Total Sales
Percent Change (in millions) Total Comparable Fiscal period 2009
2008 Sales Store Sales June (5 weeks) $108.8 $122.6 (11.3)% (8.0)%
Quarter to date (9 weeks) $214.2 $231.0 (7.3)% (4.2)% Year to date
(22 weeks) $533.7 $583.1 (8.5)% (6.5)% During June, the best
performing categories continued to be dresses and ladies' casual
sportswear. The most difficult businesses were ladies' career
sportswear and gifts. Stores in the West and in the Ohio Valley led
the Company's sales performance, while stores in the Southeast and
in the mid-Atlantic experienced the weakest trends. There were 273
stores in operation at July 4, 2009 as compared to 284 at the same
time last year. About Stein Mart Stein Mart stores offer the
fashion merchandise, service and presentation of a better
department or specialty store, at prices up to 60 percent off
department and specialty store original prices, every day.
Currently with locations from California to Massachusetts, Stein
Mart's focused assortment of merchandise features current season,
moderate to better fashion apparel for women and men, as well as
accessories, gifts, linens and shoes. SMRT-S Additional information
about Stein Mart, Inc. can be found at http://www.steinmart.com/
DATASOURCE: Stein Mart, Inc. CONTACT: Susan Datz Edelman, Director,
Stockholder Relations, +1-904-346-1506, Web Site:
http://www.steinmart.com/
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