Stein Mart (SMRT) Tops Q4 EPS by 3c
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Stein Mart, Inc. Reports Fourth Quarter and Fiscal 2014 Results
March 12, 2015 8:02 AM EDTFourth Quarter Total Sales Increased 7.3% and Comparable Store Sales Increased 5.6% 11% Increase in Fourth Quarter Adjusted Operating Income
Highlights
An 11 percent increase in fourth quarter adjusted operating income. Sales grew 7.3 percent in the fourth quarter; 5.6 percent increase in comparable stores sales. Full year total sales increased 4.3 percent and comparable store sales, 3.3 percent. Special dividend of $5.00 per common share paid on February 27, 2015. 2015 store plans include 11 new stores.JACKSONVILLE, Fla., March 12, 2015 (GLOBE NEWSWIRE) -- Stein Mart, Inc. (Nasdaq: SMRT) today... More
