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Stein Mart August Sales Grow 3.8%

Stein MartStein Mart, a national women’s and men’s fashion retailer, reported a 3.8% increase in year over year August sales, resulting in $86.5 million in total revenue for the month. Comparable store sales for the month increased 2.5% from 2013 totals.

The retailer’s total year-to-date sales reached $713.5 million, increasing 2.6% from last year’s totals. Comparable store sales in 2014 increased 2.0%.

Stores in Texas had the strongest sales in August, while the Gulf States were more challenged, according to a company statement. Stein Mart operated 265 stores at the end of August this year, compared to 260 stores last year.

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