Retailer Sales Heat Up Amid Warmer Weather
at Investor's Business Daily - Thu May 08, 5:00PM CDT
Retailers hit a home run with shoppers in April as warmer weather, a later Easter and a brighter job picture helped fuel the biggest monthly sales gain since September 2011. The strong showing, detailed in a report on Thursday, could signal a better...
Retailers See Strong Sales Rebound Amid Warming Trend
at Investor's Business Daily - Thu May 08, 11:56AM CDT
After getting slammed by harsh winter weather, retailers staged a strong comeback in April as warmer weather, a later-than-usual Easter and a brighter jobs picture helped fuel the biggest monthly same-store sales gain since Sept. 2011 on Thursday....
Stein Mart, Inc. Reports April Comparable Store Sales Increase of 8.9%
GlobeNewswire - Thu May 08, 8:31AM CDT
Stein Mart, Inc. (Nasdaq:SMRT) today reported comparable store sales for the four-week period ended May 3, 2014 increased 8.9 percent.
Warmer Weather Seen Heating Up Retail Sales
at Investor's Business Daily - Wed May 07, 3:05PM CDT
Retailers likely saw sales heat up in April as warmer weather and a later Easter holiday prompted consumers to hit the malls for spring clothing and other seasonal goods. As of Wednesday, analysts were expecting April sales at stores open at least a...
Stein Mart, Inc. Announces New Office of the President
GlobeNewswire - Fri Apr 25, 12:48PM CDT
Stein Mart, Inc. (Nasdaq:SMRT) announced today that its Board of Directors has created the Office of the President and have appointed D. Hunt Hawkins and Brian R. Morrow to share that office. Both will continue to report to Jay Stein, Chief Executive Officer.
Stein Mart, Inc. Increases Quarterly Dividend
GlobeNewswire - Thu Apr 24, 9:04AM CDT
Stein Mart, Inc. (Nasdaq:SMRT) announced today that its Board of Directors declared a quarterly dividend of $0.075 per common share, payable on July 18, 2014 to shareholders of record as of the close of business on July 3, 2014. The dividend is a 50 percent increase over the previous quarterly dividend of $0.05 per share.
How Will Off-Price Retail Fare As the Economy Rebounds?
Marshall Hargrave, The Motley Fool - Motley Fool - Mon Apr 14, 12:16PM CDT
Shoppers traded down to off-price retail during the financial crisis because it was cheaper. But even with a rebounding economy, shoppers are still going to stores. That's because shoppers have integrated off-price retail into their shopping routine....
Will April Turn After Soft March Comps? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Apr 11, 4:24PM CDT
After a soft comparable-store sales performance in March, all eyes are on April. As retailers continued to grapple with cold weather in March, spring merchandise moved slowly from the shelves.
Stein Mart, Inc. Reports Positive Comparable Store Sales for March 2014
GlobeNewswire - Thu Apr 10, 7:00AM CDT
Stein Mart, Inc. (Nasdaq:SMRT) today reported total sales of $136.3 million for the five-week period ended April 5, 2014, compared to total sales of $135.4 million for the five-week period ended April 6, 2013. Comparable store sales for the five-week period ended April 5, 2014 increased 0.9 percent from comparable store sales for the five-week period ended April 6, 2013.
Cold Weather Seen Chilling Retail Sales
at Investor's Business Daily - Wed Apr 09, 6:57PM CDT
Retailers likely saw lackluster March sales gains as a late Easter combined with persistent cold weather in many parts of the U.S. dampened spring selling. But retailers could be in for a rebound in April with the Easter holiday ahead and warmer...
Krispy Kreme and Amazon.com are big market movers
AP - Thu Mar 13, 4:15PM CDT
NEW YORK (AP) — Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:
Stein Mart, Inc. Reports Fourth Quarter and Fiscal 2013 Results
GlobeNewswire - Thu Mar 13, 8:01AM CDT
2013 Diluted EPS is $0.57, or $0.73 as adjusted, +40% over adjusted last year
Retail Industry Stock Outlook - March 2014 - Industry Outlook
Zacks Equity Research - Zacks Investment Research - Thu Mar 13, 4:16AM CDT
Retail Industry Stock Outlook - March 2014 - Industry Outlook
Retail Industry Stock Outlook - March 2014 - Zacks Analyst Interviews
Zacks Equity Research - Zacks Investment Research - Thu Mar 13, 4:16AM CDT
Retail Industry Stock Outlook - March 2014 - Zacks Analyst Interviews
Stein Mart, Inc. Declares Quarterly Dividend
GlobeNewswire - Wed Mar 12, 7:11AM CDT
Stein Mart, Inc. (Nasdaq:SMRT) announced today that its Board of Directors declared a quarterly dividend of $0.05 per common share, payable on April 18, 2014 to shareholders of record as of the close of business on April 4, 2014.
Cato Posts Positive Comps - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Mar 07, 12:30PM CST
Cato reported a 1% improvement in comparable-store sales for the 4 weeks ended Mar 1, 2014.
Stein Mart key revenue metric falls in February
AP - Thu Mar 06, 11:59AM CST
JACKSONVILLE, Fla. (AP) — Stein Mart Inc. is the latest retailer to report that bad weather has hurt its sales.
Stein Mart, Inc. Reports February 2014 Sales
GlobeNewswire - Thu Mar 06, 8:24AM CST
Stein Mart, Inc. (Nasdaq:SMRT) today reported total sales of $84.5 million for the four-week period ended March 1, 2014, compared to total sales of $86.7 million for the four-week period ended March 2, 2013. Comparable store sales for the four-week period ended March 1, 2014 decreased 2.1 percent from comparable store sales for the four-week period ended March 2, 2013.
Polar Vortex Weather Seen Taking Toll On Retail Sales
at Investor's Business Daily - Wed Mar 05, 12:58PM CST
Retailers likely saw soft February sales gains as the harsh winter chill in many parts of the U.S. kept mall traffic weak and cooled spending. As of Wednesday, analysts were expecting February sales at stores open at least a year to rise 2.7%...
Stein Mart Announces 10 New Stores to Open This Year
GlobeNewswire - Tue Feb 25, 9:24AM CST
Stein Mart (Nasdaq:SMRT) announces the opening of 10 new stores this year as part of the company's largest store expansion since 2007, beginning with new locations in the Miami, Washington, D.C. and Las Vegas areas set to open this spring. This year's new store openings will bring the company's total nationwide store count to more than 270.