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Stein Mart hoping for better 2016 results

2016-03-15 04:31:39| Railroads - Topix.net

Stein Mart Inc. last week reported disappointing fourth-quarter earnings, but Chairman and CEO Jay Stein is optimistic future trends will work in his company's favor. The Jacksonville-based fashion retailer's adjusted earnings of 17 cents a share for the fourth quarter ended Jan. 30 were 15 cents lower than the previous year and 4 cents lower than the average forecast of analysts, according to Thomson Financial.

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