Stein Mart (SMRT) Reported a Decrease in Same-Store Sales
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Stein Mart, Inc. (Nasdaq: SMRT) announced total sales and comparable store sales for the fiscal period ended August 26, 2006. Total August sales were $95.7 million, down 2.5% from previous year. August comparable store sales were down 2.8% from previous year.
Year to date sales were $796.8 million, down 2.3% from previous year. Year to date comparable store sales were down 3.1%.
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.
Year to date sales were $796.8 million, down 2.3% from previous year. Year to date comparable store sales were down 3.1%.
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.
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