stein mart store

Stein Mart saw its comps slide in a soft first quarter.

In the first quarter, Stein Mart recorded net income of $3.7 million, or eight cents per diluted share, compared to $13.3 million, or 29 cents per diluted share, in the quarter a year previous.

The company stated that income tax expense for the first quarter included $1.1 million, or two cents per diluted share, of higher expense related to…