07.08.2014 14:35:39
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Stein Mart July Sales Rise 0.9%, Comps Up 0.8% - Quick Facts
(RTTNews) - Apparel retailer Stein Mart Inc. (SMRT) Thursday reported a rise in sales for July, helped by early fall receipts in the second half of the month.
Ladies apparel performed the strongest, while the company's stores in California reported the highest amount of sales.
The company's July sales increased to $75.3 million from $74.6 million a year earlier. July comparable sales increased 0.8 percent.
Second-quarter sales rose to $298.1 million from $290.9 million a year earlier. Comparable store sales for the second quarter increased by 1.3 percent.
The company operated 265 stores by the end of the month, up from 262 stores a year ago.
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