Stein Mart Worth Shopping At?: Fool by Numbers

On Nov. 16, Stein Mart (Nasdaq: SMRT  ) released third-quarter earnings for the period ended Oct. 28.

  • A 0.2% increase in comparable-store sales led to a 0.8% rise in sales.
  • The increase in gross profit margins was because of lower markdowns and improved markup.
  • Stein Mart is currently rated a two-star stock by the Motley Fool CAPS service. Join CAPS for free today and add your rating to the database.

(Figures in millions, except per-share data)

Income Statement Highlights

Q3 2006

Q3 2005

Change

Sales

$339.2

$336.5

0.8%

Net Profit

$0.2

$1.4

(83%)

EPS

$0.01

$0.03

(66.7%)

Diluted Shares

43.7

44.6

(2.1%)



Get back to basics with a look at the income statement.

Margin Checkup

Q3 2006

Q3 2005

Change*

Gross Margin

26.3%

24.7%

1.6

Operating Margin

0.1%

0.5%

(0.4)

Net Margin

0.1%

0.4%

(0.3)

*Expressed in percentage points.

Margins are the earnings engine. See how they work.

Balance Sheet Highlights

Assets

Q3 2006

Q3 2005

Change

Cash + ST Invest.

$14.9

$93.8

(84.1%)

Accounts Rec.

$11.5

$7.3

57.1%

Inventory

$349.0

$313.3

11.4%



Liabilities

Q3 2006

Q3 2005

Change

Accounts Payable

$133.4

$123.9

7.6%

Long-Term Debt

$26.5

$0.0

N/A



Learn the ways of the balance sheet.

Cash Flow Highlights

YTD 2006

YTD 2005

Change

Cash From Ops.

($20.9)

$27.3

N/A

Capital Expenditures

$39.1

$24.7

58%

Free Cash Flow

($60.0)

$2.6

N/A



Find out why Fools always follow the money.

Related Companies:

  • Finish Line (Nasdaq: FINL  )
  • Charlotte Russe Holdings (Nasdaq: CHIC  )
  • Cato Corp. (NYSE: CTR  )

Related Foolishness:

Fool by Numbers is designed to give you the raw earnings information in a timely fashion, putting all the numbers you need in one easy-to-read place. But at The Motley Fool, we believe numbers tell only part of the story, so checkFool.com for more of our in-depth discussion of what the numbers mean. This data has been provided by Netscribes. To provide feedback on this article, please click on the "feedback" button below.


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