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Press Releases

Date Title and Summary Additional Formats
Toggle Summary Stein Mart, Inc. Reports First Quarter 2020 Results and Provides Update on COVID-19 Response
First quarter net loss of $(65.7) million or $(1.38) per share compared to net income of $4.0 million or $0.08 per share in 2019 Actions taken in response to COVID-19 to preserve liquidity All stores re-opened by June 15 with reduced hours JACKSONVILLE, Fla., June 30, 2020 (GLOBE NEWSWIRE) -- Stein
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Toggle Summary Stein Mart, Inc. to Report Preliminary First Quarter Results June 30, 2020
JACKSONVILLE, Fla., June 26, 2020 (GLOBE NEWSWIRE) -- Stein Mart, Inc. (NASDAQ: SMRT) plans to release preliminary first quarter financial results after the U.S. financial markets close on Tuesday, June 30, 2020. Management will also host a conference call to discuss results and operations at 4:30
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Toggle Summary Stein Mart, Inc. Provides First Quarter 2020 Sales and Preliminary Operating Results
First quarter net sales decrease 57% Reopened 90 percent of stores to date with reduced hours Actions taken in response to COVID-19 to preserve liquidity               JACKSONVILLE, Fla., June 03, 2020 (GLOBE NEWSWIRE) -- Stein Mart, Inc. (Nasdaq: SMRT) today provided sales and a range of operating
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Toggle Summary Stein Mart Implements Enhanced Safety Measures as Stores Begin to Reopen
Launches Contactless Curbside Pickup JACKSONVILLE, Fla., April 30, 2020 (GLOBE NEWSWIRE) -- Stein Mart, Inc. (NASDAQ: SMRT) today announced enhanced safety and cleaning measures to ensure the health and safety of its customers and associates as stores begin to reopen.
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Toggle Summary Nasdaq Temporary Relief Extends Stein Mart’s Listing Compliance Period
JACKSONVILLE, Fla., April 20, 2020 (GLOBE NEWSWIRE) -- Stein Mart, Inc. (NASDAQ: SMRT) today announced that it qualifies for recently announced temporary relief from compliance with The Nasdaq Stock Market (Nasdaq) $1.00 minimum bid price requirement (the "Minimum Bid Price Requirement").
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Toggle Summary Stein Mart and Kingswood Announce Mutual Termination of Merger Agreement
JACKSONVILLE, Fla. and LOS ANGELES, April 16, 2020 (GLOBE NEWSWIRE) -- Stein Mart, Inc. (NASDAQ: SMRT) (“Stein Mart”) and Kingswood Capital Management, L.P. (“Kingswood”) today announced that the parties have mutually agreed to terminate their merger agreement, previously announced on January 31,
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Toggle Summary Stein Mart, Inc. Provides COVID-19 Business Update
JACKSONVILLE, Fla., March 31, 2020 (GLOBE NEWSWIRE) -- Stein Mart, Inc. (NASDAQ: SMRT) today provided an update on actions it is taking, following its initial March 18, 2020 announcement related to the COVID-19 pandemic. Based on the latest guidance from federal, state and local government and
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Toggle Summary Stein Mart, Inc. Temporarily Closes All Stores in Response to COVID-19
JACKSONVILLE, Fla., March 18, 2020 (GLOBE NEWSWIRE) -- In response to the coronavirus (COVID-19) outbreak, Stein Mart, Inc. (NASDAQ: SMRT) today announced that it will temporarily close all stores at the end of business today, March 18, through March 31, 2020.
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Toggle Summary Stein Mart, Inc. Reports Fourth Quarter and Fiscal 2019 Results
Pending Merger Expected to Close in First Half of Year JACKSONVILLE, Fla., March 11, 2020 (GLOBE NEWSWIRE) -- Stein Mart, Inc. (NASDAQ: SMRT) today announced financial results for the fourth quarter and fiscal year ended February 1, 2020. Net loss for the fourth quarter was $0.3 million or $0.01
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Toggle Summary Stein Mart, Inc. to Report Fourth Quarter and Fiscal 2019 Results March 11, 2020
JACKSONVILLE, Fla., Feb. 21, 2020 (GLOBE NEWSWIRE) -- Stein Mart, Inc. (NASDAQ: SMRT) plans to release its fourth quarter and fiscal 2019 financial results after the U.S. financial markets close on Wednesday, March 11, 2020. In light of the Company’s pending merger with an affiliate of Kingswood
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