JACKSONVILLE, Fla., Jan. 3, 2013 (GLOBE NEWSWIRE) -- Stein Mart, Inc. (Nasdaq:SMRT) today reported comparable store sales increased 5.9 percent for the five-week period ended December 29, 2012. Comparable store sales for the quarter to date November/December holiday selling period were up 6.3 percent. Total sales for December were $176.5 million, an increase of 6.4 percent from the same period in 2012. For the year to date, comparable store sales increased 2.6 percent and total sales increased 3.2 percent to $1.135 billion.
|Total Sales (in millions)||Total Sales||Comparable Store Sales|
|December (5 weeks)||$176.5||$166.0||6.4%||5.9%||0.0%|
|Quarter to date (9 weeks)||$286.3||$268.1||6.8%||6.3%||-1.8%|
|Year to date (48 weeks)||$1,135.0||$1,100.3||3.2%||2.6%||-1.0%|
The Company operated 263 stores at the end of December this year and last year.About Stein Mart 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 Massachusetts, Stein Mart's focused assortment of merchandise features current season, moderate to better fashion apparel for women and men, as well as accessories, shoes and home fashions. The Stein Mart, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=9827 SMRT-S Additional information about Stein Mart, Inc. can be found at www.steinmart.com
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