By  on March 24, 2008

Stein Mart Inc. swung to a fourth-quarter loss, hurt by steep markdowns to move merchandise.

For the three months ended Feb. 2, the company posted a loss of $12.1 million, or 30 cents a diluted share, from a profit of $21.1 million, or 48 cents, in the year-ago period.

To Read the Full Article

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus