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Published on 9/22/2020 in the Prospect News Distressed Debt Daily.

Stein Mart posts $25.21 million operating income for Aug. 12-Aug. 29

By Sarah Lizee

Olympia, Wash., Sept. 22 – Stein Mart, Inc. reported a $25.21 million operating income for the period of Aug. 12 to Aug. 29 on $95.79 million in total revenue, according to a Monday filing with the U.S. Bankruptcy Court for the Middle District of Florida.

Net income for the period was $20.6 million.

The company had $27.66 million of cash and cash equivalents as of Aug. 29.

Stein Mart is a Jacksonville, Fla., operator of retail stores. The Chapter 11 case number is 20-02387.


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