Stein Mart

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US apparel retailers' October retail roundup

Unseasonably warm weather weighed on US retailers' sales of autumn clothing in October, combining with sluggish mall traffic, softer Hallowe...

US apparel retailers' September 2015 sales roundup

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 apparel retailers' August 2015 sales roundup

Katie Smith | 11 Sep 2015

US consumer spending was hampered by international concerns, including a China slowdown and emerging market stress, currency devaluations, and extremely volatile equity markets in August. And although back-to-school spending picked up in the latter half of the month, the majority of clothing retailers reported comparable store sales declines.

US apparel retailers' July 2015 retail roundup

Michelle Russell | 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.

US apparel retailers' June 2015 retail roundup

Katie Smith | 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.

US apparel retailers' April 2015 retail roundup

Katie Smith | 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.

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US Q3 in brief: Shoe Carnival, Caleres

Michelle Russell and Katie Smith | 1 Dec 2015

In the most recent third-quarter filings from US apparel brands and retailers, Abercrombie & Fitch recorded higher earnings thanks to less discounting, while Foot Locker and Shoe Carnival revealed mixed quarters, and Caleres saw its profit rise. Also, Citi Trends returned to profit, while L Brands, Ross Stores, and Perry Ellis lifted their full-year guidance. Guess revealed declining earnings as a result of the stronger US dollar, while Dollar Tree's earnings fell on acquisition costs, and DSW recorded "disappointing" figures.

US Q2 in brief: Finish Line, Zumiez, Cherokee

Michelle Russell and Katie Smith | 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. 

US Q1: Finish Line, Cherokee, Urban Outfitters

Michelle Russell and Katie Smith | 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.

Stein Mart recovers to record “strong” Q4

Michelle Russell | 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.

Stein Mart swings to Q3 net loss

Michelle Russell | 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.

Stein Mart Q2 earnings slide on costs

Michelle Russell | 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.

Investments weigh on Stein Mart Q1 earnings

Michelle Russell | 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.

Stein Mart adds president to job titles

Katie Smith | 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.

Stein Mart Q4 earnings tumble on charges

Michelle Russell | 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.

Stein Mart returns to profit in Q3

Leonie Barrie | 21 Nov 2013

Off-price fashion retailer Stein Mart Inc has turned in a profit during its third quarter thanks to "continued sales momentum."

Stein Mart second quarter profit jumps 47.8%

Katie Smith | 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.

Stein Mart names Stein CEO

Katie Smith | 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.

Stein Mart Q1 profit jumps 35.6%

Katie Smith | 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.

Stein Mart posts full-year profit growth

Katie Smith | 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.

Panel allows Stein Mart to continue Nasdaq listing

Katie Smith | 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.

Stein Mart receives Nasdaq non-compliance letter

Petah Marian | 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.

Stein Mart to restate financial results for 3 year

Leonie Barrie | 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.

Stein Mart Q2 profit falls but sales rise

Katie Smith | 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.

Stein Mart vows to turnaround sales

Petah Marian | 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.

Stein Mart promotes Hawkins to COO

Petah Marian | 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.

Stein Mart swings to $1.8m Q3 loss

Leonie Barrie | 18 Nov 2011

Falling sales and higher markdowns have pushed value retailer Stein Mart Inc to a third quarter loss.

Stein Mart names chairman as interim CEO

Leonie Barrie | 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.

Stein Mart profit drops 88% on sales slide

Leonie Barrie | 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."

Stein Mart books 11.2% rise in Q1 earnings | 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.

Company research

Women's and Girls' Clothing

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