Stein Mart

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 The Company offers fashion apparel for women and men, as well as accessories, shoes and home fashions. It operated 278 stores in 29 states as of November 12, 2015. Its typical store is approximately 35,000 gross square feet with a racetrack design, centralized check-out, and individual dressing rooms. The Company’s stores offer a range of services, such as liberal merchandise return policy, merchandise locator service, a Preferred Customer program, co-branded credit card and private label credit card programs, and electronic gift cards. On November 12, 2015 Stein Mart completed its Fall 2015 store opening program. New stores opened in Coral Springs FL, Lady Lake FL, Brookhaven GA, Newport News VA, Commack NY, Rochester Hills MI, Phoenix AZ, Rancho Mirage CA and Torrance CA. We also relocated our Murrells Inlet SC to South Strand Commons in Myrtle Beach SC.
TypePublic
Founded1902
HQJacksonville, USMap
Websitesteinmart.com
Employee Ratings2.8More
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Latest Updates

Employees (est.) (Feb 2019)5,050(-6%)
Job Openings6
Revenue (FY, 2019)$1.3 B(-6%)
Share Price (Jun 2020)$0.4
Cybersecurity ratingBMore

Stein Mart Office Locations

Stein Mart has an office in Jacksonville
Jacksonville, US (HQ)
1200 Riverplace Blvd
Show all (1)

Stein Mart Financials and Metrics

Stein Mart Revenue

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Stein Mart's revenue was reported to be $1.27 b in FY, 2019
USD

Revenue (FY, 2019)

1.3b

Gross profit (FY, 2019)

352.9m

Gross profit margin (FY, 2019), %

27.7%

Net income (FY, 2019)

(6.0m)

EBIT (FY, 2019)

4.9m

Market capitalization (30-Jun-2020)

20.4m

Closing stock price (30-Jun-2020)

0.4

Cash (2-Feb-2019)

9.0m

EV

164.6m
Stein Mart's current market capitalization is $20.4 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2019

Revenue

1.2b1.3b1.4b1.4b1.3b

Revenue growth, %

3%0%

Cost of goods sold

889.7m896.2m974.6m1.0b919.8m

Gross profit

342.6m367.4m385.3m359.0m352.9m
Quarterly
USDQ3, 2013Q3, 2014Q2, 2014Q1, 2014Q2, 2015Q1, 2015Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

290.5m303.7m298.2m328.9m311.6m353.5m300.7m355.7m319.8m299.5m337.3m311.0m285.4m

Cost of goods sold

212.7m219.1m213.9m224.5m222.6m245.1m218.5m246.8m230.3m226.8m241.8m246.4m217.1m

Gross profit

77.8m84.6m84.2m104.3m88.9m108.4m82.2m108.9m89.4m72.7m95.6m64.7m68.3m

Gross profit Margin, %

27%28%28%32%29%31%27%31%28%24%28%21%24%
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Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2019

Cash

67.2m65.3m11.8m10.6m10.6m9.0m

Accounts Receivable

706.0k206.8m

Prepaid Expenses

22.9m28.3m

Inventories

243.3m285.6m293.6m291.1m291.1m255.9m
Quarterly
USDQ3, 2013Q3, 2014Q2, 2014Q1, 2014Q2, 2015Q1, 2015Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

59.5m64.9m53.1m88.3m11.6m17.2m14.1m16.3m11.8m14.0m15.6m10.6m13.2m

Inventories

329.7m343.7m266.2m295.2m277.2m302.8m372.9m316.9m279.7m383.9m322.0m246.2m311.3m

Current Assets

415.0m438.4m346.0m408.9m322.7m348.3m421.7m355.9m312.4m427.9m361.7m289.0m355.9m

Total Assets

582.4m620.1m522.5m580.7m508.8m528.5m614.9m552.3m511.9m630.5m554.4m479.1m545.1m
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Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2019

Net Income

25.0m25.6m23.7m401.0k401.0k(6.0m)

Depreciation and Amortization

23.9m27.8m29.9m32.6m32.6m32.4m

Inventories

(24.5m)(24.1m)(8.0m)2.5m2.5m14.4m

Accounts Payable

24.9m(1.2m)(24.4m)8.8m8.8m(29.8m)
Quarterly
USDQ3, 2013Q3, 2014Q2, 2014Q1, 2014Q2, 2015Q1, 2015Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Net Income

28.0k(1.2m)1.7m14.1m4.1m13.6m(197.0k)13.3m3.0m(11.0m)3.7m

Inventories

343.7m266.2m277.2m302.8m372.9m316.9m279.7m383.9m322.0m

Accounts Payable

214.6m120.6m122.7m164.1m202.2m152.8m98.2m208.2m162.2m
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USDFY, 2013

Financial Leverage

2.1 x
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Stein Mart Operating Metrics

Stein Mart's Stores was reported to be 292 in Q1, 2018.
FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018

Stores

270 270 269 274 278 283 283 290 290 292

Vendors

1.20 k1.20 k1.20 k
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Stein Mart Cybersecurity Score

Cybersecurity ratingPremium dataset

B

81/100

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Stein Mart Online and Social Media Presence

Stein Mart's Trends

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Stein Mart News and Updates

June 26, 2020

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…
April 16, 2020

Stein Mart going-private deal derailed by coronavirus

Stein Mart, Inc. and Kingswood Capital Management said late Friday they have mutually agreed to end their deal to take the Florida-based retailer private due to the uncertainty brewed by the coronavirus pandemic. The deal was announced on Jan. 31, and an affiliate of Kingswood was to acquire all St…
April 16, 2020

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, …
January 31, 2020

Retailer Stein Mart to be taken private by Kingswood Capital at 90 cents a share

Discount retailer Stein Mart Inc. has agreed to be taken private by a unit of Kingswood Capital Management LP for 90 cents a share in cash, the company said Friday. The price is equal to a 38$ premium over the stock's closing price on Thursday. Kingswood will acquire all of the stock not already ow…
January 31, 2020

Stein Mart Enters into Transaction to Become a Private Company

Stein Mart Shareholders to Receive $0.90 per Share in Cash
January 07, 2020

Stein Mart Receives Approval from Nasdaq for Transfer of Listing to Nasdaq Capital Market

JACKSONVILLE, Fla., Jan. 07, 2020 (GLOBE NEWSWIRE) -- Stein Mart, Inc. (NASDAQ: SMRT) today announced that it received approval from the Listing Qualifications Department of The Nasdaq Stock Market ("Nasdaq") to transfer the listing of the Company's common stock from the Nasdaq Global Select Marke…
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 Stein Mart Frequently Asked Questions

  • When was Stein Mart founded?

    Stein Mart was founded in 1902.

  • How many employees does Stein Mart have?

    Stein Mart has 5,050 employees.

  • What is Stein Mart revenue?

    Latest Stein Mart annual revenue is $1.3 b.

  • What is Stein Mart revenue per employee?

    Latest Stein Mart revenue per employee is $252 k.

  • Who are Stein Mart competitors?

    Competitors of Stein Mart include Burlington Stores, The Range and Decora Blind Systems.

  • Where is Stein Mart headquarters?

    Stein Mart headquarters is located at 1200 Riverplace Blvd, Jacksonville.

  • Where are Stein Mart offices?

    Stein Mart has an office in Jacksonville.

  • How many offices does Stein Mart have?

    Stein Mart has 1 office.