Stein Mart Posts Q1 Sales Gain of 2.1 Percent
May 8, 2014,
JACKSONVILLE, Fla.-Stein Mart reported first-quarter sales of $328.9 million, up 2.1 percent over the first quarter of last year.
The gain included a 2.6 percent increase in same-store sales. A company statement said this included a jump of 8.9 percent in same-store sales in April.
The statement credited home and ladies' apparel with strong performances during the quarter, which ended on May 3. Men's and accessories were more "challenged," the statement said. Among geographic regions, Texas and the Southeast reported the strongest sales, while sales were weak in the Northeast.
Other Articles By Author
HFN Launches Interactive Idea Book
HFN's DIGITAL EDITION
COVER STORY: HFN Turns 90
We commemorate HFN's 90th anniversary by paying tribute to the iconic retailer and supplier brands--and the people--that have helped the industry flourish, then and now.
ALSO IN THIS ISSUE:
- Up & Coming Leaders - The home industry is in capable and visionary hands as this year’s 40 Under 40 list attests. Today’s young leaders span all disciplines and varied levels of operation.
- Omnichannel Retailing - In the Mobile App World, Time is Money