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Stein Mart picks up store expansion pace

Feb. 26, 2015 1:21 PM ETStein Mart, Inc. (SMRT-OLD) StockSMRT-OLDBy: Clark Schultz, SA News Editor
  • Stein Mart (SMRT +0.7%) plans to open 11 new stores this year in an acceleration of its pace of store growth.
  • The company topped most rivals with a 6.6% sales comp in January.
  • Earlier in the month, a Stein Mart special dividend and an announcement of a new credit facility put a charge into shares.
  • SMRT +12.79% YTD.

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