Stein Mart, Inc. (SMRT) Reports In-Line Q2 EPS

Go back to Stein Mart, Inc. (SMRT) Reports In-Line Q2 EPS

Stein Mart, Inc. Reports Second Quarter 2014 Results

August 21, 2014 8:00 AM EDT

Second Quarter Highlights

Total sales increased 2.5 percent and comparable store sales, 1.3 percent. Ninth consecutive quarter of comparable store sales gains.

JACKSONVILLE, Fla., Aug. 21, 2014 (GLOBE NEWSWIRE) -- Stein Mart, Inc. (Nasdaq: SMRT) today announced financial results for the second quarter ended August 2, 2014.

Overview of Results

Net income for the second quarter was $1.7 million or $0.04 per diluted share compared to net income of $3.4 million or $0.08 per diluted share in 2013. Second quarter adjusted net income was $2.8 million or $0.06 per diluted share compared to... More