Stein Mart March Comps. Up 0.9 % - Quick Facts

(RTTNews) - Apparel retailer Stein Mart, Inc. (SMRT) Thursday reported a 0.9 percent increase in its comparable store sales for the month of March.

Total sales for the five-week period rose to $136.3 million from $135.4 million during the same period last year.

The company said that March sales were negatively impacted by the shift of pre-Easter selling from March to April and cooler than normal temperatures in many parts of the country early in the month. Geographically, Florida and the Southeast had solid comparable store sales increases, while Texas, the Gulf States and the Northeast were more challenged.

For the nine weeks ended April 5, 2014, comparable store sales declined 0.2 percent year-over-year. Total sales for the nine-week period amounted to $220.8 million compared with $222.1 million, in the prior-year period.