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JACKSONVILLE, Fla., June 4, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- Stein Mart, Inc. (Nasdaq: SMRT) today reported total sales and comparable store sales for the fiscal period(s) ended May 30, 2009.
Total Sales (in millions) Percent Change
Total Comparable
Fiscal period 2009 2008 Sales Store Sales
May (4 weeks) $105.4 $108.4 (2.8)% 0.2%
Year to date (17 weeks) $424.9 $460.5 (7.7)% (6.1)%
During May, 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, in Texas and in the Ohio Valley led the Company's sales performance, while stores in the Southeast experienced the weakest trends.
Two stores closed during May. There were 273 stores in operation at May 30, 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 www.steinmart.com
SOURCE Stein Mart, Inc.
http://www.steinmart.com
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