SMRT Dec Comps Dow 6.1%; Guides Lower
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Price: $1.42 +3.65%
Revenue Growth %: +4.9%
Financial Fact:
Cost of merchandise sold: 226.82M
Today's EPS Names:
BMNM, KG, NHC, More
Revenue Growth %: +4.9%
Financial Fact:
Cost of merchandise sold: 226.82M
Today's EPS Names:
BMNM, KG, NHC, More
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Stein Mart, Inc. (Nasdaq: SMRT) December comps down 6.1%. Management now anticipates comparable store sales for the fourth quarter to be down 5 - 6 percent to last year, which would produce earnings of $0.36 - $0.39 per share, versus the consensus of $0.49. For the current fiscal year, management expects earnings per share to be $1.03 to $1.06, versus the consensus of $1.16.
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