STEIN MART, INC. (NASDAQ:SMRT) Files An 8-K Other Events
ITEM8.01
| OTHER EVENTS |
On March14, 2017, Stein Mart, Inc. issued a press release
announcing that its Board of Directors has declared a quarterly
dividend of $0.075 per common share, payable on April14, 2017 to
shareholders of record as of the close of business on March31,
2017.
| ITEM9.01 | FINANCIAL STATEMENTS AND EXHIBITS |
| (d) | Exhibits |
99.1 Press Release dated March14, 2017
About STEIN MART, INC. (NASDAQ:SMRT)
Stein Mart, Inc. is a national retailer offering the fashion merchandise, service and presentation of a department or specialty store. The Company offers apparel for women and men, as well as accessories, shoes and home fashions. The Company’s target customers are women over 45 years old. The Company operates approximately 280 stores in over 30 states and an Internet store. Its stores are located in the Northeast, Midwest, Southeast, Texas and the Southwest. It is concentrated in the Southeast and Texas where over 180 of its stores are located. The Company’s stores offer a range of services, such as merchandise locator service, a Preferred Customer program, co-branded and private label credit card programs, and electronic gift cards. The Company’s merchants purchase products from approximately 1,200 vendors. It leases all of its store locations, generally for approximately 10 years with options to extend the lease term for over two or five year periods. STEIN MART, INC. (NASDAQ:SMRT) Recent Trading Information
STEIN MART, INC. (NASDAQ:SMRT) closed its last trading session down -0.02 at 2.64 with 627,067 shares trading hands.
