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Stein Mart, Inc. (SMRT) Forecasted to Earn FY2016 Earnings of $0.58 Per Share

2015-12-06 14:38:28| Apparel - Topix.net

Investment analysts at Northcoast Research reduced their FY2016 earnings per share estimates for shares of Stein Mart in a research note issued on Thursday, Zacks Investment Research reports. Northcoast Research analyst J. Stein now anticipates that the brokerage will post earnings per share of $0.58 for the year, down from their previous estimate of $0.61.

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Stein Mart charged by SEC with improperly valuing inventories

2015-09-22 20:47:15| Apparel - Topix.net

Stein Mart reduced the value of inventory subject to these markdowns at the time the item was sold rather than immediately at the time the markdown was applied, the SEC said. As a result, Stein Mart materially misstated its pretax income in certain quarterly public filings with the SEC, including an overstatement of almost 30% in the first quarter of 2012, the SEC alleged.

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Stein Mart takes new reductions on thousands of wear-not styles

2015-06-10 10:41:19| Apparel - Topix.net

Stein Mart takes new reductions on thousand of wear-now styles, making it more affordable than ever to update, refresh and restock your summer wardrobe. Look for extra savings on denim and Bermuda shorts, crop jeans and print ankle pants, handkerchief hem and cargo skirts, sharkbite and soutache trimmed tunics.

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Stein Mart earnings lower than expected

2015-05-26 08:04:19| Apparel - Topix.net

Stein Mart Inc. last week reported lower-than-expected first-quarter earnings, in part because of interest expenses related to a special dividend paid to shareholders in February. The Jacksonville-based fashion retailer reported adjusted earnings of 31 cents a share for the first quarter ended May 2, a penny lower than last year's first quarter and 3 cents lower than the average forecast of analysts surveyed by Thomson Financial.

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Stein Mart earnings lower than expected

2015-05-25 19:08:57| Trucking - Topix.net

Stein Mart Inc. last week reported lower-than-expected first-quarter earnings, in part because of interest expenses related to a special dividend paid to shareholders in February. The Jacksonville-based fashion retailer reported adjusted earnings of 31 cents a share for the first quarter ended May 2, a penny lower than last year's first quarter and 3 cents lower than the average forecast of analysts surveyed by Thomson Financial.

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