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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 Jan 30, 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 2009 Ends on Jan 30, 2010
2008 Net Sales $ 1.3 Billion
2008 Net Income -$ 71.3 Million
Store Count* 267
Total Store Sq Ft** 10,212,000
Employees** 14,600

*as of 1/30/10     **as of 1/31/09




Financial Summary
2008 2007 YoY % Chg 3 YR CAGR 5 YR CAGR
Net Sales (1,000’s) $ 1,326,469 $ 1,457,645 -9.0% -3.6% -0.4%
Same-Store Sales Chg -10.9% -4.0%
Net Income (1,000’s) -$ 71,301 -$ 4,530 -1,474.0% N/A N/A
Diluted EPS -$ 1.72 -$ 0.11 -1,463.6% N/A N/A
Store Count 276 280 -1.4% 1.8% 1.1%
Store Sq Ft (1,000s) 10,212 10,360 -1.4% 1.8% 1.1%
Employees 14,600 14,600 0.0% 1.4% 0.8%
Advertising Spend (1,000s) $ 51,500 $ 65,800 -21.7% -2.2% -2.1%
Pvt Label as % of Total Sales 16.0% 16.0%




Fiscal Year Net Sales by Category (as % of Total)
2008 2007 2006
Ladies’ & Boutique Apparel 46.0% 45.0% 44.0%
Ladies’ Accessories 13.0% 12.0% 12.0%
Men’s 20.0% 20.0% 20.0%
Gifts & Linens 11.0% 13.0% 14.0%
Shoes 7.0% 7.0% 7.0%
Other 3.0% 3.0% 3.0%

Stein Mart - 2008 Net Sales by Category


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