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Published on 4/21/2021 in the Prospect News Distressed Debt Daily.

Stein Mart reports $133,000 operating loss for March period

By Sarah Lizee

Olympia, Wash., April 21 – Stein Mart, Inc. reported a $133,000 operating loss for the March period on $1,000 in total revenue, according to its monthly operating report filed Tuesday with the U.S. Bankruptcy Court for the Middle District of Florida.

The net loss for the period was $133,000.

The company had $14.31 million of cash and cash equivalents as of March 31.

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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