JACKSONVILLE, Fla., May 8, 2013 (GLOBE NEWSWIRE) -- Stein Mart, Inc. (Nasdaq:SMRT) today reported that total sales for the four-week period ended May 4, 2013 increased 1.6 percent and comparable store sales increased 8.0 percent. The table below shows total sales for the period ended May 4, 2013 compared to the period ended April 28, 2012, while comparable store sales measures the period ended May 4, 2013 against the respective period ending May 5, 2012. Beginning with this release, our reported total sales include leased shoe department commissions.
|Total Sales (in millions)||Total Sales||Comparable Store Sales|
|April (4 weeks)||$99.2||$97.7||1.6%||8.0%||-1.6%|
|March-April (9 weeks)||$234.7||$227.7||3.1%||1.5%||-0.8%|
|Quarter-to-date (13 weeks)||$321.4||$309.7||3.8%||1.2%||-0.4%|
The Company operated 262 stores at the end of April this year compared to 263 stores 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. SMRT-S Additional information about Stein Mart, Inc. can be found at www.steinmart.com
CONTACT: For more information: Linda L. Tasseff Director, Investor Relations (904) 858-2639 firstname.lastname@example.org