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$3.34 0.09 (2.77%)
10/7/2008 11:58 AM

Stein Mart, Inc. (SMRT)

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A retailer offering the fashion merchandise, service and presentation of a better department or specialty store at prices competitive with off-price retail chains.

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Avatar cdempsey1221 (91.00) Submitted: 11/25/07 12:39 PM : Underperform Start Price: $5.87 SMRT Score: 16.61

I see nothing really propelling SMRT out of it's current rut. It has a weak, degenerating brand, declining margins, and is facing more and more intense competition from premium retailers. The macroeconomic conditions currently are not helping either. I wish I started this underperform earlier.

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Avatar Ruthie203 (61.23) Submitted: 2/14/08 4:48 PM

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Well you started it earlier than I but I could see the decline for the last 2 yrs in womens apparel. When they lost Polo for men that ended my shopping there. Some tough advise for them fire the buyers of womens and teens clothing and hire someone that has some taste.

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