Stein Mart, Inc. Reports October, Third Quarter and YTD 2010 Sales

Stein Mart, Inc.

today reported comparable store sales for the third quarter ended October 30, 2010 increased 0.3 percent. For the month, comparable store sales decreased 6.5 percent for the four week period ended October 30, 2010 compared to the four week period ended October 31, 2009. Total sales for October were $85.5 million, a decrease of 7.2 percent from $92.2 million in the same period in 2009.