Stein Mart, Inc. (SMRT) Tops Q4 EPS by 3c

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Go back to Stein Mart, Inc. (SMRT) Tops Q4 EPS by 3c

Stein Mart, Inc. Reports Fourth Quarter and Fiscal 2013 Results

March 13, 2014 8:00 AM EDT

2013 Diluted EPS is $0.57, or $0.73 as adjusted, +40% over adjusted last year

Highlights

-- Adjusted diluted earnings per share of $0.73 compared to $0.52 in 2012 (see Note 1).

-- Comparable store sales increased 3.7 percent for the year; 3.1 percent for the fourth quarter.

-- 2014 store plans currently include 10 new and 6 relocated stores.

JACKSONVILLE, Fla., March 13, 2014 (GLOBE NEWSWIRE) -- Stein Mart, Inc. (Nasdaq: SMRT) today announced financial results for the fourth quarter and fiscal year ended February 1, 2014.

Overview of Results

To provide a... More