Stein Mart (SMRT) Misses Q1 EPS by 7c, Comps fall 7.6%, Suspends Dividend
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/19/2026
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Oil slides after China asks Iran to limit Houthi attacks on Saudi oil facilities
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Anthropic and Accenture partner on embedded AI safety evaluation
- Wells Fargo Downgrades Netflix (NFLX) to Underweight on Engagement Risks, 'We see tougher choices ahead'
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
Stein Mart, Inc. Reports First Quarter Fiscal 2017 Results
May 17, 2017 4:05 PM EDTJACKSONVILLE, Fla., May 17, 2017 (GLOBE NEWSWIRE) -- Stein Mart, Inc. (NASDAQ: SMRT) today announced financial results for the first quarter ended April 29, 2017.
Highlights
Total sales decreased 5.2 percent and comparable store sales decreased 7.6 percentDiluted earnings per share of $0.08 compared to $0.29 in 2016Solidifying financial position by suspending quarterly dividend and reducing capital expendituresNet income for the first quarter was $3.7 million or $0.08 per diluted share compared to net income of... More
