Stein Mart (SMRT) November/December Comps Fall 4.8%
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Stein Mart, Inc. Reports November/December Sales
January 6, 2017 7:30 AM ESTJACKSONVILLE, Fla., Jan. 06, 2017 (GLOBE NEWSWIRE) -- Stein Mart, Inc. (NASDAQ: SMRT) today announced that its comparable store sales for the nine-week period ended December 31, 2016 decreased 4.8 percent and total sales decreased 1.9 percent compared to the same period last year.
Our sales in November and December were particularly difficult, said Hunt Hawkins, Interim Chief Executive Officer. We have been aggressive with our promotions and markdowns to manage our... More
