Stein Mart August comps fall
JACKSONVILLE, Fla. Stein Mart reported that total sales for its fiscal August period were $92.5 million compared with sales of $95.7 million last year, a 3.3% decreases. Comparable-store sales for this period fell 5.2%. Despite the overall decline in comps, Stein Mart said same-store sales were positive in ladies' casual clothing and social occasion/dresses.
For the year-to-date period total sales were $799.4 million, representing a 0.3% increase over sales of $796.8 for the comparable 2006 period. Comparable-store sales for this period dropped 2%.