Stein Mart, Inc. Reports November 2013 Comparable Store Sales Increase of 3.1%
JACKSONVILLE, Fla., Dec. 5, 2013 (GLOBE NEWSWIRE) -- Stein Mart, Inc.
(Nasdaq:SMRT) today reported that total sales for the four-week period ended
November 30, 2013 increased 7.7 percent and comparable store sales increased
The table below shows total sales for the period ended November 30, 2013
compared to the period ended November 24, 2012, while comparable store sales
measures the period ended November 30, 2013 against the respective period
ending December 1, 2012.
Total Sales (in millions) Total Sales Comparable Store Sales
Fiscal period 2013 2012 2013 2013 2012
November $119.9 $111.4 7.7% 3.1% 7.1%
Year-to-date $1,022.7 $975.2 4.9% 3.9% 2.0%
Linens, dresses, ladies' boutique, and ladies' career and casual sportswear
posted the strongest sales for the month, while ladies' accessories, men's
furnishings and men's sportswear were more challenged. Geographically,
November sales were strongest in Texas, while the Midwest performed lower than
The Company operated 264 stores at the end of November this year compared to
263 stores last year.
About Stein Mart
Stein Mart stores offer the fashion merchandise, service and presentation of a
better department or specialty store, at prices competitive with off-price
retail chains. 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,
shoes and home fashions.
Additional information about Stein Mart, Inc. can be found at
CONTACT: For more information:
Linda L. Tasseff
Director, Investor Relations
Stein Mart, Inc. Logo
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