Last $13.56 USD
Change Today -0.24 / -1.74%
Volume 49.2K
SMRT On Other Exchanges
Symbol
Exchange
Berlin
NASDAQ GS
As of 8:10 PM 07/11/14 All times are local (Market data is delayed by at least 15 minutes).

stein mart inc (SMRT) Snapshot

Open
$13.74
Previous Close
$13.80
Day High
$13.74
Day Low
$13.39
52 Week High
11/20/13 - $16.17
52 Week Low
02/5/14 - $11.53
Market Cap
606.5M
Average Volume 10 Days
113.6K
EPS TTM
$0.56
Shares Outstanding
44.7M
EX-Date
07/1/14
P/E TM
24.0x
Dividend
$0.30
Dividend Yield
1.66%
Current Stock Chart for STEIN MART INC (SMRT)

stein mart inc (SMRT) Related Bloomberg News

View More Bloomberg News

stein mart inc (SMRT) Related Businessweek News

No Related Businessweek News Found

stein mart inc (SMRT) Details

Stein Mart, Inc. operates as an apparel retailer in the United States. The company offers fashion apparel for women and men, as well as accessories, shoes, and home fashions. It primarily focuses on 35-55 year old woman. As of February 1, 2014, the company operated 264 stores in 29 states; and an Internet store. Stein Mart, Inc. was founded in 1908 and is headquartered in Jacksonville, Florida.

5,300 Employees
Last Reported Date: 04/15/14
Founded in 1908

stein mart inc (SMRT) Top Compensated Officers

Chairman, Chief Executive Officer, Member of ...
Total Annual Compensation: $283.5K
President and Chief Merchandising Officer
Total Annual Compensation: $815.3K
President and Chief Operating Officer
Total Annual Compensation: $684.7K
Chief Financial Officer, Chief Accounting Off...
Total Annual Compensation: $475.4K
Executive Vice President and Director of Stor...
Total Annual Compensation: $400.6K
Compensation as of Fiscal Year 2013.

stein mart inc (SMRT) Key Developments

Stein Mart, Inc. Reports Sales Results for the Five Weeks and Twenty Two Weeks Period Ended July 5, 2014

Stein Mart Inc. reported sales results for the five weeks and twenty two weeks period ended July 5, 2014. The company reported total sales for the five weeks period ended July 5, 2014 of $113.2 million, a 3.8% increase over total sales of $109.0 million for the five-week period ended July 6, 2013. Comparable store sales for the five-week period ended July 5, 2014 increased 2.6% from comparable store sales for the five-week period ended July 6, 2013. Total sales of $551.7 million for the twenty two weeks period ended July 5, 2014 increased 2.6% from total sales of $537.7 million for the 22-week period ended July 6, 2013. Comparable store sales for the 22-week period ended July 5, 2014 increased 2.1% from comparable store sales for the 22-week period ended July 6, 2013.

Stein Mart, Inc. Reports Sales Results for the Four-Week and Seventeen-Week Period Ended May 31, 2014

Stein Mart Inc. reported sales results for the four-week and seventeen-week period ended May 31, 2014. For the four-week period, total sales of $109.6 million, a 2.2% increase over total sales of $107.3 million a year ago. Comparable store sales increased 0.4% from comparable store sales a year ago. For the seventeen week period, total sales of $438.5 million compared to $428.7 million a year ago. Comparable store sales increased 2.0% from comparable store sales a year ago.

Stein Mart Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended May 3, 2014; Provides Capital Expenditures and Effective Income Tax Rate Guidance for the Year 2014

Stein Mart Inc. announced unaudited consolidated earnings results for the first quarter ended May 3, 2014. For the quarter, the company's net sales were $328.9 million compared with $321.4 million a year ago. Operating income was $23.1 million compared with $24.4 million a year ago. Income before income taxes was $23.0 million compared with $24.3 million a year ago. Net income was $14.1 million or $0.31 per diluted share compared with $14.7 million or $0.33 per diluted share a year ago. Net cash provided by operating activities was $34.8 million compared with $25.8 million a year ago. Acquisition of property and equipment was $9.2 million compared with $7.7 million a year ago. Expenditures were higher this year primarily due to increased number of new and relocated stores Adjusted Non-GAAP operating income was $24.1 million compared with $24.3 million a year ago. Adjusted Non-GAAP net income was $14.68 million or $0.32 per basic share compared with $14.64 million or $0.33 per basic share a year ago. EBITDA was $30.1 million compared with $31.2 million a year ago. Adjusted EBITDA was $32.4 million compared with $31.6 million a year ago. Comparable store sales increased 2.6% over last year's first quarter. This same-store sales increase was driven by increases in average unit retail prices and average units per transaction, somewhat offset by a decrease in the number of transactions. Capital expenditures for 2014 are now expected to be approximately $43 million up from its original estimate of $38 million. The company expects effective income tax rate of 39%.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
SMRT:US $13.56 USD -0.24

SMRT Competitors

Market data is delayed at least 15 minutes.

Company Last Change
ANN INC $40.40 USD -0.18
Debenhams PLC 62.45 GBp -1.00
Gordmans Stores Inc $4.01 USD -0.08
Shoe Carnival Inc $19.21 USD -0.53
View Industry Companies
 

Industry Analysis

SMRT

Industry Average

Valuation SMRT Industry Range
Price/Earnings 24.6x
Price/Sales 0.5x
Price/Book 2.2x
Price/Cash Flow 24.3x
TEV/Sales 0.4x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact STEIN MART INC, please visit www.steinmart.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.