Texas and the Carolinas drive September sales at Stein Mart
Texas and the Carolinas drove the strongest sales at Stein Mart in September, while California, Arizona and the Northeast performed lower than the chain.
The company reported total sales for the five-week period ended Oct. 4 of $119.4 million, a 6.5% increase over total sales of $112.2 million for the prior-year period. Comparable store sales increased 4.9%.
Year-to-date total sales increased 3.1% to $832.9 million from $807.8 million for the prior-year period. Comparable store sales increased 2.4%.
The company operated 268 stores at the end of September this year compared to 263 stores last year. Three new stores were opened during the month in Citrus Heights and Clovis, California, and in Gainesville, Virginia, and three stores were relocated to improved sites in Las Vegas, Nevada; Mobile, Alabama and Rocklin, California.