Stein Mart, Inc. Reports Third Quarter Fiscal 2016 Results

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Stein Mart (SMRT) Misses Q3 EPS by 9c; Updates FY16 Outlook

November 17, 2016 7:32 AM EST

Stein Mart (NASDAQ: SMRT) reported Q3 EPS of ($0.24), $0.09 worse than the analyst estimate of ($0.15). Revenue for the quarter came in at $299.5 million versus the consensus estimate of $304.14 million.

Comparable store sales decreased 4.6 percent

Updated 2016 Outlook

Based on our... More