Home / Knowledge / News / Apparel/Garments / Stein Mart inks sales growth for ninth continuous quarter
Stein Mart inks sales growth for ninth continuous quarter
Aug '14
Apparel retailer, Stein Mart clocked the company’s ninth consecutive quarter of positive sales in the just completed quarter.

For the second quarter, revenues climbed $7.2 million or 2.5 percent to $298.1 million. In the same period, like-for-like stores sales grew 1.3 percent.

Citing strong revenue from the women’s garment and home textile segment, Stein Mart posted a marginal sales growth of 0.9 percent to reach $75.3 million in July 2014 from $74.6 million in July 2013.

Comparable stores too rose slowly by 0.8 percent in the month.

The state of California reported the strongest sales in July, while Stein Mart found Northeast and Midwest more challenging.

CEO Jay Stein said, "July sales trended higher in the second half of the month driven by early fall receipts. We continue to have a positive outlook for 2014 as the underlying fundamentals of our business and growth strategies remain in place."

Stein Mart said it will release its financial results for the second quarter on August 21.

Stein Mart operated 265 stores at the end of July 2014, compared to 262 stores last July.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 20th Oct 2016

Indian polyester market demand grows 14% in Q2 FY17: RIL

The Indian polyester market witnessed a demand growth of 14 per cent...

Fashion | On 20th Oct 2016

Replay to explore new markets in 2017

Replay, the iconic Germany based denim brand, is planning to get into ...

Textiles | On 20th Oct 2016

Pakistan proposes Rs200 bn for textile sector revival

A bailout package of Rs 200 billion has been proposed by the Pakistan ...

Interviews View All

Angelina Francesca Cheang

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search