-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, EjbtoYtuFRLp88OQ3Io8ftdYqsifon12hUVLt6gOI6PpVt6BsqHu6EbshEIDuZtm fVg8mS9SwZ3rq26xvf3N8w== 0000884940-05-000095.txt : 20050809 0000884940-05-000095.hdr.sgml : 20050809 20050809132722 ACCESSION NUMBER: 0000884940-05-000095 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20050804 ITEM INFORMATION: Results of Operations and Financial Condition FILED AS OF DATE: 20050809 DATE AS OF CHANGE: 20050809 FILER: COMPANY DATA: COMPANY CONFORMED NAME: STEIN MART INC CENTRAL INDEX KEY: 0000884940 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-FAMILY CLOTHING STORES [5651] IRS NUMBER: 640466198 STATE OF INCORPORATION: FL FISCAL YEAR END: 0102 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-20052 FILM NUMBER: 051008703 BUSINESS ADDRESS: STREET 1: 1200 RIVERPLACE BLVD CITY: JACKSONVILLE STATE: FL ZIP: 32207 BUSINESS PHONE: 9043461500 MAIL ADDRESS: STREET 1: 1200 RIVERPLACE BLVD CITY: JACKSONVILLE STATE: FL ZIP: 32207 8-K 1 pr8k080405.txt CURRENT REPORT SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ------------------------ FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 ------------------------ Date of Report (Date of earliest event reported): August 4, 2005 -------------- STEIN MART, INC. (Exact name of registrant as specified in its charter) Florida 0-20052 64-0466198 - ------------------- --------------------- -------------------- (State or other (Commission File (IRS Employer jurisdiction of Number) Identification No.) incorporation) 1200 Riverplace Blvd., Jacksonville, Florida 32207 ----------------------------------------------------------------- (Address of principal executive offices including zip code) (904) 346-1500 ---------------------------------- (Registrant's telephone number) ITEM 2.02 RESULTS OF OPERATIONS AND FINANCIAL CONDITION On August 4, 2005, Stein Mart, Inc. issued a press release, a copy of which is attached as Exhibit 99.1, that includes earnings guidance for the quarterly period ended July 30, 2005. ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS (c) Exhibits 99.1 Press Release dated August 4, 2005 2 Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. STEIN MART, INC. (registrant) August 9, 2005 By: /s/ James G. Delfs --------------------------------------------- James G. Delfs Senior Vice President and Chief Financial Officer 3 EXHIBIT INDEX 99.1 Press Release dated August 4, 2005 4 EX-99 2 pr8k080405ex99-1.txt EXHIBIT 99.1 (PRESS RELEASE) August 4, 2005 For more information: Susan Datz Edelman FOR IMMEDIATE RELEASE Director, Stockholder Relations - --------------------- (904) 346-1506 sedelman@steinmart.com STEIN MART, INC. REPORTS JULY, SECOND QUARTER, AND YEAR-TO-DATE '05 SALES JACKSONVILLE, FL - Stein Mart, Inc. (Nasdaq: SMRT) today announced total sales and comparable store sales for the fiscal period(s) ended July 30, 2005, as follows (dollars in millions): Total Sales Percent Change - -------------------------------------------------------------------------------- Fiscal Period: Total Comparable 2005 2004 Sales Store Sales ------------------ --------------------- July (4 weeks) $87.5 $81.8 7.0% 5.2% Second quarter (13 weeks) $337.1 $320.6 5.1% 3.0% Year to date (26 weeks) $717.7 $685.2 4.7% 3.1% Men's sportswear, ladies' casual sportswear and ladies' career led the Company in comparable store sales increases. Geographically, comparable store sales were positive in all regions, and strongest in Florida, the mid-Atlantic and Southwestern United States. "Customers are responding favorably to our new transition and fall merchandise, and we continue to be pleased with the pace of spring/summer clearance selling," commented Michael D. Fisher, president and chief executive officer of Stein Mart, Inc. "A more advantageous blend of sales produced better merchandise margins, and we now anticipate diluted earnings per share of approximately $0.25 for the second quarter of 2005." The Company operated 259 stores on July 30, 2005 as compared to 257 stores at the same time last year. Second quarter financial results Full financial results for the Company's second quarter ending July 30, 2005 will be released prior to the opening of the financial markets on Thursday, August 18, 2005. Also on August 18, a conference call with management to discuss second quarter results will be held at 11:00 a.m. ET. Interested parties may listen to the call via a real-time webcast on www.steinmart.com, or hear a recorded version on Stein Mart's website until the end of the month. About Stein Mart 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 designer brand-name apparel for women, men and young children, as well as accessories, gifts, linens and shoes. SAFE HARBOR STATEMENT>>>>>>>Except for historical information contained herein, the statements in this release may be forward-looking, and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The Company does not assume any obligation to update or revise any forward-looking statements even if experience or future changes make it clear that projected results expressed or implied will not be realized. Forward-looking statements involve known and unknown risks and uncertainties that may cause Stein Mart's actual results in future periods to differ materially from forecasted or expected results. Those risks include, without limitation, on-going competition from other retailers, availability of new store sites at acceptable lease terms, ability to successfully implement strategies to exit or improve under-performing stores, changing preferences in apparel, changes in consumer spending due to current events and/or general economic conditions, the effectiveness of new advertising, marketing and promotional strategies, adequate sources of merchandise at acceptable prices, the Company's ability to attract and retain qualified employees to support planned growth, and the other risks and uncertainties described in the Company's filings with the Securities and Exchange Commission. ### Additional information about Stein Mart, Inc. can be found at www.steinmart.com. 5 -----END PRIVACY-ENHANCED MESSAGE-----