Stein Mart’s August sales bolstered by Texas locations

A strong performance at Stein Mart’s Texas locations in August helped to offset sales at the retailer’s more challenged Gulf state locations.

Total sales for month were $86.5 million, a 3.8% increase over total sales of $83.3 million for August last year. Comparable store sales for the month increased 2.5% from comparable store sales for August last year.

For the 30-week period ended Aug. 30, total sales were $713.5 million, increasing 2.6% from total sales of $695.6 million for the comparable prior-year period. Same-store sales for the period increased 2%.

The company operated 265 stores at the end of August this year compared to 260 stores last year.



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