Stein Mart March Comps. Up 11.2%, Total Sales Increase 14.2% - Quick Facts

(RTTNews) - Stein Mart Inc. (SMRT) reported that its Comparable store sales for the five-week period ended April 4, 2015 increased 11.2 percent from April 5, 2014. Total sales for the five-week period ended April 4, 2015 of $155.8 million, a 14.2 percent increase over total sales of $136.3 million for the five-week period ended April 5, 2014.

The company noted that March sales were partly impacted by earlier pre-Easter selling. April sales will also be impacted by this shift in peak spring selling weeks. Geographically, most regions had high single or double digit comparable store sales increases, while the Northeast experienced a mid-single digit increase.

Total sales of $244.4 million for the nine-week period ended April 4, 2015 increased 10.6 percent from total sales of $220.8 million for the nine-week period ended April 5, 2014. Comparable store sales for the nine-week period ended April 4, 2015 increased 7.9 percent from comparable store sales for the period ended April 5, 2014.