Stein Mart (SMRT) Misses Street's Q3 Views; Same Store Sales Down 12.6%

November 20, 2008 7:41 AM EST
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Price: $1.48 --0%

Financial Fact:
Net sales: 299.53M

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Stein Mart, Inc. (Nasdaq: SMRT) reports Q3 loss of $0.34, versus the analyst estimate of ($0.20). Revenue for the quarter was $298.8 million, versus the consensus of $315.91 million.

Same store sales fell 12.6% during the quarter.

Stein Mart, Inc. operates retail stores that provide fashion merchandise for men and women in the United States.

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Earnings, Retail Sales