Stein Mart, Inc. reported total sales and comparable store sales for the fiscal period(s) ended May 3, 2008.


                              Total Sales (in millions)    
                                          Percent Change

                                                                  Total    Comparable
    Fiscal period                 2008       2007          Sales   Store Sales


    April (4 weeks)              $117.4     $109.3      7.3%       3.2%
    March-April (9 weeks)     $256.0     $271.8    (5.8)%     (8.9)%
    First quarter (13 weeks)  $352.1     $376.1    (6.4)%     (9.3)%



During April, the best performing categories were ladies' casual, special sizes, accessories and men's. Geographically, comparable stores sales trends were positive in all regions of the country except for the Southeast, which was slightly negative. The best region was the North/Mid-Atlantic states.


“Our April sales benefited from a new promotional event in the month, the transfer of another event out of March into April, and an extra shopping day since Easter Sunday occurred in March this year,” noted Linda M. Farthing, president and chief executive officer of Stein Mart, Inc. “Although these events provided a welcome boost, our daily sales remain challenging and have continued to trend substantially below last year's levels.”


At May 3, 2008, there were 284 stores in operation as compared to 270 at the same time last year.