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Stock Market & Financial Investment News

News For SMRT From The Last 14 Days
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April 9, 2015
07:36 EDTSMRTStein Mart Reports March SSS up 11.2%
Stein Mart reported total sales for the five-week period ended April 4, 2015 of $155.8M, a 14.2%increase over total sales for the five-week period ended April 5, 2014. Comparable store sales for the five-week period ended April 4, 2015 increased 11.2%. 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. The company operated 270 stores at the end of March this year, compared to 263 stores last year.

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