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Armed with New Merchandise Strategy, Stein Mart Meets Q2 Expectations

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Industry Experts

Jacksonville, FL—Although Stein Mart reported Thursday that its second quarter income dropped, improved sales helped the discount retailer meet analysts’ estimates. For the quarter ended July 28, Stein Mart earned $730,000, or 2 cents a share, compared with $1.3 million, or 3 cents a share, a year ago. The latest …