Men's furnishings drive Stein Mart's Comp sales up
05 Sep '05
1 min read
Fashion merchandiser Stein Mart Inc announced August '05 and year-to-date sales that the total sales and comparable store sales for the fiscal period(s) ended August 27, 2005, as follows (dollars in millions): Click here
Ladies' career and casual sportswear, intimate apparel, ladies' accessories and men's furnishings led the Company in comparable store sales increases. Geographically, comparable store sales were positive in all regions, and strongest in Florida, Texas and the west/southwest.
The Company operated 260 stores on August 27, 2005, as compared to 258 stores at the same time last year.
Off-price specialty store chain 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. At year-end 2004, Stein Mart, Inc. had nearly $1.5 billion in sales and 261 locations throughout the United States.
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