Based on current sales trends, management expects comparable store sales to be flat to slightly negative for the second quarter ending August 4, 2007. If that performance is attained, management would expect to achieve the lower end of the previously announced earnings guidance of $0.06 -- $0.10 per share for the period.
Stein Mart stores offer the fashion merchandise, service and presentation of a better department or specialty store, at prices competitive with off- price retail chains. Currently with locations from California to New York, Stein Mart's focused assortment of merchandise features moderate to better fashion apparel for women and men, as well as accessories, gifts, linens and shoes.
marketing@alchempro.com
