Stein Mart, Inc. Reports August 2011 Sales

_ JACKSONVILLE, Fla., Sept. 1, 2011 (GLOBE NEWSWIRE) -- Stein Mart, Inc. today reported comparable store sales for the four-week period ended August 27, 2011 decreased 7.5 percent. Total sales for the period were $73.9 million, a decrease of 8.7 percent from $80.9 million in the same period in 2010. For the year to date, comparable store sales decreased 0.7 percent and total sales decreased 1.6 percent to $647.6 million. During the last weekend of August, sales were negatively impacted by Hurricane Irene which disrupted stores from North Carolina to Massachusetts. The storm coincided with the largest promotional event