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0 0.0165289256198347 0.0165289256198347 0.0165289256198347 0.0413223140495868 -0.0165289256198347 -0.00826446280991736 -0.00826446280991736
Stock impact report

Stein Mart, Inc. Reports Fourth Quarter and Fiscal 2018 Results

SmartRent, Inc. Class A (SMRT) 
US:NASDAQ Investor Relations: ir.steinmart.com/investor-relations
Company Research Source: GlobeNewswire
FY2018 gross profit increased 180 basis pointsFY2018 SG&A expenses decreased $28.1 millionOperating income improved $36.1 million to $4.9 million in 2018 JACKSONVILLE, Fla., March 13, 2019 (GLOBE NEWSWIRE) -- Stein Mart, Inc. (NASDAQ: SMRT) today announced financial results for the fourth quarter and fiscal year ended February 2, 2019. Operating income for the fourth quarter was $6.6 million in 2018 compared to $4.1 million in 2017. Adjusted operating income for the fourth quarter was $5.6 million in 2018 and $6.9 million in 2017 (see Note 1). Operating income for the year was $4.9 million in 2018 compared to an operating loss of $31.2 million in 2017. Adjusted operating income for the year was $6.3 million compared to an operating loss of $26.9 million in 2017 (see Note 1). Net income for the fourth quarter of 2018 was $4.4 million or $0.09 per diluted share compared to a net loss of $0.4 million or $0.01 per diluted share in 2017. Adjusted net income for the fourth quarter was Show less Read more
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