Stein Mart, Inc. - Investor Relations

Investor Relations

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Stein Mart, Inc. is a publicly-traded (NASDAQ NMS: SMRT) company, best described as a hybrid between a better department/specialty store and a traditional off-price retailer. At year-end 2007, Stein Mart, Inc. had 280 locations throughout the United States.

Founded by the current chairman's grandfather just after the turn of the century, the Stein Mart concept has evolved over time to feature moderate-to-better brand-name apparel for women and men, as well as accessories, gifts, linens and shoes in a depth and assortment that hold appeal for the upscale customer. The best of current season, brand-name fashion merchandise is offered at prices substantially below those charged by department and specialty stores. Customers appreciate the service amenities, presentation, convenience and security found in Stein Mart's neighborhood locations and the ease of shopping the comprehensive fashion assortment found in the average 37,000 square foot Stein Mart store.

In 2007, Stein Mart opened 14 new stores, relocated two stores and closed two stores. The Company plans to continue expanding the store network each year, and, as in the past, will fund that growth with internally generated funds. With stores now in more than half of the United States, Stein Mart has more than quadrupled in size since its initial public offering in 1992. It is anticipated that Stein Mart, Inc. could grow to 500 - 550 store locations in the United States.

Recent Releases

Jun 5, 2008
Stein Mart, Inc. Reports May 2008 Sales

May 22, 2008
Stein Mart, Inc. Reports 1Q'08 Financial Results