Home / Knowledge / News / Fashion / Stein Mart Comp Store sales strong in Florida, Mid-Atlantic & Southwestern US

Stein Mart Comp Store sales strong in Florida, Mid-Atlantic & Southwestern US

06
Aug '05
Upscale, off-price specialty store chain Stein Mart Inc announced reports July, second quarter, and Year-To-Date '05 Sales.

Click here to see the total sales and comparable store sales for the fiscal period(s) ended July 30, 2005, as follows (dollars in millions).

Men's sportswear, ladies' casual sportswear and ladies' career led the Company in comparable store sales increases. Geographically, comparable store sales were positive in all regions, and strongest in Florida, the mid-Atlantic and Southwestern United States.

"Customers are responding favorably to their new transition and fall merchandise, and they continue to be pleased with the pace of spring/summer clearance selling," commented Michael D. Fisher, President and Chief Executive Officer of Stein Mart Inc. He said, "A more advantageous blend of sales produced better merchandise margins, and they now anticipate diluted earnings per share of approximately $0.25 for the second quarter of 2005."

The Company operated 259 stores on July 30, 2005 as compared to 257 stores at the same time last year.

Second quarter financial results
Full financial results for the Company's second quarter ending July 30, 2005 will be released prior to the opening of the financial markets on Thursday, August 18, 2005. Also on August 18, a conference call with management to discuss second quarter results will be held at 11:00 a.m. ET.

Interested parties may listen to the call via a real-time webcast on http://www.steinmart.com, or hear a recorded version on Stein Mart's website until the end of the month.

Jacksonville based Stein Mart stores offer the fashion merchandise, service and presentation of a better department or specialty store, at prices competitive with off- price retail chains. Currently with locations from California to New York, Stein Mart's focused assortment of merchandise features moderate to designer brand-name apparel for women, men and young children, as well as accessories, gifts, linens and shoes.

Stein Mart Inc


Must ReadView All

Pic: Shutterstock

Textiles | On 19th Feb 2020

CLMV nations urged to export goods items to Japan

Cambodia, Laos, Myanmar and Vietnam (CLMV) were recently encouraged...

Pic: Shutterstock

Apparel/Garments | On 19th Feb 2020

Turkey's apparel sector sets $19 bn export target in 2020

Turkey's apparel sector, which sold goods worth $17.7 billion to...

Pic: Waleeds / Shutterstock.com

Textiles | On 19th Feb 2020

Pakistan textile exports up 3.68% in July-Jan FY20

The value of textile and garment exports from Pakistan increased by...

Interviews View All

Office bearers, Textile industry

Office bearers
Textile industry

There might be negative impact on garment exports

Textile industry, Head honchos

Textile industry
Head honchos

Clothes are no more bound by gender

Yash Maniyar, Rekha Maniyar

Yash Maniyar
Rekha Maniyar

Indian fashion market is growing at a staggering rate

Henk-Jan Rohaan,

Henk-Jan Rohaan

The custom-built machineries of Brugman Holland are known for reliability, ...

Rikesh Mistry,

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Anupam Arya,

Anupam Arya

<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...

Pierre Wiertz, EDANA

Pierre Wiertz
EDANA

EDANA, the international association serving the nonwovens and related...

Mr Hartmann Huth, Trevira GmbH

Mr Hartmann Huth
Trevira GmbH

Trevira GmbH is an innovative European manufacturer of high-value branded...

Prof Seokheun (Sean) Choi, Binghamton University, State University of New York (SUNY)

Prof Seokheun (Sean) Choi
Binghamton University, State University of New York (SUNY)

A team of researchers from the State University of New York (SUNY),...

Akta Adani, India Boulevard

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Igor Chapurin, Chapurin

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Chandani Sahi, By Chandani

Chandani Sahi
By Chandani

By Chandani is a womenswear prêt couture brand with fusion silhouettes by...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


February 2020

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


Advanced Search