Stein Mart (SMRT) Tops Q2 EPS by 5c
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Stein Mart, Inc. Reports Strong Second Quarter 2015 Results
August 20, 2015 7:30 AM EDTSecond Quarter Highlights
Adjusted diluted earnings per share of $0.10 compared to $0.06 in 2014, a 67% increase Sales grew 4.5 percent in the second quarter; comparable store sales increased 3.0 percent SG&A improved 70 basis points, on an adjusted basis Plans to open at least 12 new stores in 2016JACKSONVILLE, Fla., Aug. 20, 2015 (GLOBE NEWSWIRE) -- Stein Mart, Inc. (NASDAQ: SMRT) today announced financial results for the second quarter ended August 1, 2015.
Overview of Results
Net income for the second quarter was $4.1 million or $0.09 per diluted... More
