Stein Mart (SMRT) Same Store Sales Decline by 8.9%

Stein Mart (Nasdaq: SMRT) reports net sales for the fiscal period ended December 1, 2007 of $140.2 million, compared to $144.7 million in the same period last year. Comparable store sales declined at an 8.9% rate.

Stein Mart, Inc. is a retailer offering the fashion merchandise, service and presentation of a better department or specialty store.

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