Stein Mart, Inc. (SMRT) Reports In-Line Q1 EPS
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Stein Mart, Inc. Reports First Quarter 2014 Results
May 22, 2014 8:01 AM EDTHighlights
Comparable store sales increased 2.6 percent. Adjusted diluted earnings per share of $0.32 compared to $0.33 in 2013. Adjusted EBITDA increased $0.8 million to $32.4 millionJACKSONVILLE, Fla., May 22, 2014 (GLOBE NEWSWIRE) -- Stein Mart, Inc. (Nasdaq: SMRT) today announced financial results for the first quarter ended May 3, 2014.
Overview of Results
Net income for the first quarter was $14.1 million or $0.31 per diluted share compared to net income of $14.7 million or $0.33 per diluted share in 2013. First quarter adjusted net income was $14.7 million or $0.32 per diluted share... More
