Stein Mart, Inc. (Nasdaq: SMRT) today announced that a record comparable store sales increase for the quarter ending July 1, 2000 will drive earnings for the period significantly higher than prior expectations.Comparable store sales increased approximately 12.5 percent from the second quarter of 1999 to the second quarter of 2000. The Company expects to report earnings per share approximately 25 percent ahead of analysts’ current estimates of $0.25 per share.Stein Mart will report its complete second quarter and six months financial results prior to the opening of the financial markets on Tuesday, July 25, 2000. Further details will be available at that time.

Subscribe to Just Style

Join over 70,000 apparel industry professionals by unlocking full access for just £1 (plus VAT if applicable)


Already a Member? Login here


Just Style membership gives you:

  • Unlimited access to Just Style content including in-depth analysis, exclusive blogs, industry executive interviews and management briefings
  • Unbeatable market coverage from apparel sourcing and supply chain issues, to emerging markets and manufacturing
  • Unrivalled apparel industry comment from journalists including Leonie Barrie, Michelle Russell, Hannah Abdulla and Beth Wright.
Want multi-user access? Explore our multi-user & corporate memberships

70% of the apparel and textile companies in the Forbes Global 2000 use Just Style

Find out more