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Profile – Stein Mart, Inc.

Stein Mart is a specialty department store retailer offering fashion apparel for women and men, as well as accessories, gifts, linens and shoes. As of Apr 3, 2010 the company operated a total of 267 stores in 31 US states.

Headquarters Jacksonville, Florida
Sector Department Stores
Primary NAICS Code 452112 – Discount Department Stores
Primary SIC Code 5651 – Family Clothing Stores
Fiscal Year 2010 Ends on Jan 29, 2011
2009 Net Sales $ 1.22 Billion
2009 Net Income $ 23.6 Million
Store Count* 267
Total Store Sq Ft* 9,879,000
Employees** 12,800

*as of 4/3/10     **as of 1/30/10




Financial Summary
2009 2008 YoY % Chg 3 YR CAGR 5 YR CAGR
Net Sales (1,000′s) $ 1,219,109 $ 1,326,469 -8.1% -6.7% -3.5%
Same-Store Sales Chg -5.6% -10.9%
Net Income (1,000′s) $ 23,553 -$ 71,301 133.0% -14.1% -9.1%
Diluted EPS $ 0.54 -$ 1.72 131.4% -14.0% -9.5%
Store Count 267 276 -3.3% -0.1% 0.5%
Store Sq Ft (1,000s) 9,879 10,212 -3.3% -0.1% 0.5%
Employees 12,800 14,600 -12.3% -4.1% -1.8%
Advertising Spend (1,000s) $ 50,200 $ 51,500 -2.5% -5.8% -0.8%
Pvt Label as % of Total Sales 11.0% 16.0%

Stein Mart - Compound Annual Growth Rates



Fiscal Year Net Sales by Category (as % of Total)
2009 2008 2007
Ladies’ & Boutique Apparel 46.0% 46.0% 45.0%
Ladies’ Accessories 13.0% 13.0% 12.0%
Men’s 20.0% 20.0% 20.0%
Gifts & Linens 11.0% 11.0% 13.0%
Shoes 7.0% 7.0% 7.0%
Other 3.0% 3.0% 3.0%

Stein Mart - 2009 Net Sales by Category


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