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Stein Mart posts $3.27 million operating loss for Jan. 3-Jan. 30
By Sarah Lizee
Olympia, Wash., Feb. 22 – Stein Mart, Inc. reported a $3.27 million operating loss for the period of Jan. 3 through Jan. 30 on $6,000 in total revenue, according to a Friday filing with the U.S. Bankruptcy Court for the Middle District of Florida.
The net loss for the period was $7.03 million.
The company had $14.49 million of cash and cash equivalents as of Jan. 30.
Stein Mart is a Jacksonville, Fla., operator of retail stores. The company filed Chapter 11 bankruptcy on Aug. 12, 2020 under case number 20-02387.
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