September proved to be another mixed month for US clothing retailers. While a later Labor Day weekend and the tail end of back-to-school sel...
US consumer spending was hampered by international concerns, including a China slowdown and emerging market stress, currency devaluations, a...
| 11 Aug 2015
July proved to be a difficult month for the apparel chains reporting monthly sales, with several hurt by tax holiday shifts in some southern states into August from July last year. As a result, retailers are not heading into the key back-to-school selling season with much momentum.
| 10 Jul 2015
An improving US labour market, rising consumer confidence and higher wages were not enough to spark a significant break-out in spending in June, with half of the clothing chains reporting monthly comparable store sales seeing lower or flat trends.
| 12 May 2015
A shift in the timing of Easter, coupled with the lingering adverse effects of the West Coast port delays, as well as an economic soft patch in the first quarter, led to the majority of US apparel retailers recording comparable store sales declines in April.
| 10 Apr 2015
While the earlier Easter this year helped the majority of US apparel retailers to book comparable store sales growth in March, adverse weather conditions, an economic soft patch during the first quarter, and lingering effects of the West Coast ports labour dispute weighed on overall results.
| 25 Sep 2015
Second-quarter earnings for the retail sector as a whole are forecast to be lower than the prior month, despite easy year-on-year comparisons. The Finish Line posted a small drop in net income, Zumiez saw its profit more than halve, Cherokee Global Brands posted a double-digit decline in net earnings, while Christopher & Banks swung to a loss, and Hudson's Bay was back in the black.
| 26 Jun 2015
First-quarter revenue forecasts for US apparel retailers fared far worse than earnings expectations. The Finish Line said it got off to a "solid start" with double-digit profit growth, and Cherokee was pleased with a "strong" quarter, despite some headwinds. Elsewhere, Urban Outfitters revealed a mixed quarter, while Men's Wearhouse booked record sales but a decline in earnings.
| 13 Mar 2015
Off-price fashion retailer Stein Mart said it has recovered from a second half that was negatively impacted by poor weather to record a “strong” fourth-quarter of sales and earnings growth.
| 21 Nov 2014
Off-price fashion retailer Stein Mart has swung to a loss in its third-quarter but said it plans to open at least ten new stores and relocate two stores in 2015, in addition to closing two stores.
| 21 Aug 2014
Off-price fashion retailer Stein Mart said it has a number of important initiatives in place to grow its bottom line as it revealed a drop in second-quarter earnings.
| 23 May 2014
Off-price fashion retailer Stein Mart saw earnings tumble in its first-quarter as investments in new stores and e-commerce, and the timing of its annual advertising spend, hit profits.
| 28 Apr 2014
Off-price fashion retailer Stein Mart has created a new title of president, which will be shared by COO Hunt Hawkins and chief merchandising officer Brian Morrow.
| 13 Mar 2014
Off-price fashion retailer Stein Mart Inc has booked a drop in fourth-quarter earnings on the back of lower revenues and one-time charges.
| 21 Nov 2013
Off-price fashion retailer Stein Mart Inc has turned in a profit during its third quarter thanks to "continued sales momentum."
| 22 Aug 2013
Higher sales and improved margins helped off-price fashion retailer Stein Mart to book a 47.8% increase in second quarter profit.
| 27 Jun 2013
Jay Stein has been named as the chief executive officer of off-price fashion retailer Stein Mart, after holding the position for two years on an interim basis.
| 24 May 2013
Off-price fashion retailer Stein Mart has booked a 35.6% jump in first-quarter net profit, driven by fewer markdowns and increased sales.
| 7 May 2013
Off-price fashion retailer Stein Mart has seen its full-year and fourth-quarter profits surge, boosted by increased sales and lower markdowns.
| 18 Apr 2013
Off-price fashion retailer Stein Mart has revealed that a panel has granted its request for continued listing on the Nasdaq Stock Market while it regains compliance.
| 12 Dec 2012
US department store operator Stein Mart has received a Nasdaq notice of non-compliance as it did not file its quarterly report on time for the third quarter, ended 27 October.
| 12 Nov 2012
Discount clothing and homewares retailer Stein Mart Inc is to restate more than three years' worth of financial reports after identifying a number of accounting errors.
| 17 Aug 2012
Discount store retailer Stein Mart has booked a 44.5% fall in second-quarter net profit despite posting an increase in sales.
| 9 Mar 2012
Stein Mart recorded a sharp decline in fourth-quarter net income as the company vowed to turnaround sales and improve its price positioning.
| 20 Dec 2011
Stein Mart has promoted Hunt Hawkins to chief operating officer from his current position as executive vice president and chief administrative officer.
| 18 Nov 2011
Falling sales and higher markdowns have pushed value retailer Stein Mart Inc to a third quarter loss.
| 19 Sep 2011
Department store retailer Stein Mart Inc has named its chairman Jay Stein as interim chief executive officer following the retirement of David Stovall after three years in the post.
| 19 Aug 2011
Lower sales and higher markdowns have contributed to an 88% slump in second quarter profit at discount clothing and homewares retailer Stein Mart Inc, which says the results are "disappointing."
| 20 May 2011
Stein Mart Inc has reported a "solid" first quarter after improved sales and margins helped the discount retailer to an 11.2% rise in earnings.
| 10 Mar 2011
US fashion retailer Stein Mart has reported significantly higher fourth quarter profits, after streamlining costs.
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