Stein Mart (SMRT) Reports Q1 EPS of $0.16
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Stein Mart, Inc. Reports First Quarter Fiscal 2018 Results
May 23, 2018 4:05 PM EDTRaises First Half Outlook
Operating income of $9.9 million compared to $10.1 million in 2017Diluted earnings per share of $0.16 compared to $0.08 in 2017Gross profit rate increased 110 basis pointsJACKSONVILLE, Fla., May 23, 2018 (GLOBE NEWSWIRE) -- Stein Mart, Inc. (NASDAQ: SMRT) today announced financial results for the first quarter ended May 5, 2018 and raised its first half 2018 outlook.
Net income for the first quarter was $7.3 million or $0.16 per diluted share compared to a net income of $3.7 million or $0.08 per diluted share in 2017. Operating income... More
