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Wiki Wiki Summary
Arithmetic Arithmetic (from Ancient Greek ἀριθμός (arithmós) 'number', and τική [τέχνη] (tikḗ [tékhnē]) 'art, craft') is an elementary part of mathematics that consists of the study of the properties of the traditional operations on numbers—addition, subtraction, multiplication, division, exponentiation, and extraction of roots. In the 19th century, Italian mathematician Giuseppe Peano formalized arithmetic with his Peano axioms, which are highly important to the field of mathematical logic today.
Operation Mincemeat Operation Mincemeat was a successful British deception operation of the Second World War to disguise the 1943 Allied invasion of Sicily. Two members of British intelligence obtained the body of Glyndwr Michael, a tramp who died from eating rat poison, dressed him as an officer of the Royal Marines and placed personal items on him identifying him as the fictitious Captain (Acting Major) William Martin.
Bitwise operation In computer programming, a bitwise operation operates on a bit string, a bit array or a binary numeral (considered as a bit string) at the level of its individual bits. It is a fast and simple action, basic to the higher-level arithmetic operations and directly supported by the processor.
Special Activities Center The Special Activities Center (SAC) is a division of the Central Intelligence Agency responsible for covert operations and paramilitary operations. The unit was named Special Activities Division (SAD) prior to 2015.
Operations research Operations research (British English: operational research), often shortened to the initialism OR, is a discipline that deals with the development and application of advanced analytical methods to improve decision-making. It is sometimes considered to be a subfield of mathematical sciences.
Operation (mathematics) In mathematics, an operation is a function which takes zero or more input values (called operands) to a well-defined output value. The number of operands (also known as arguments) is the arity of the operation.
Met Operations Met Operations, also known as Met Ops, is one of the four business groups which forms the Metropolitan Police Service. It was created during the 2018-19 restructuring of the service, amalgamating many of its functions from the Operations side of the Specialist Crime & Operations Directorate formed in 2012, with the Specialist Crime side of that Directorate placed under the new Frontline Policing Directorate.
Financial condition report In accounting, a financial condition report (FCR) is a report on the solvency condition of an insurance company that takes into account both the current financial status, as reflected in the balance sheet, and an assessment of the ability of the company to survive future risk scenarios. Risk assessment in an FCR involves dynamic solvency testing, a type of dynamic financial analysis that simulates management response to risk scenarios, to test whether a company could remain solvent in the face of deteriorating economic conditions or major disasters.
Financial statement Financial statements (or financial reports) are formal records of the financial activities and position of a business, person, or other entity.\nRelevant financial information is presented in a structured manner and in a form which is easy to understand.
Financial ratio A financial ratio or accounting ratio is a relative magnitude of two selected numerical values taken from an enterprise's financial statements. Often used in accounting, there are many standard ratios used to try to evaluate the overall financial condition of a corporation or other organization.
List of RTO districts in Kerala \n== Regional Transport Offices ==\n\n\n== Sub Regional Transport Offices ==\n\n\n== Future Sub Regional Transport Offices ==\nGovernment of Kerala has repeatedly intimated multiple legislative members that there are no plans to setup any new RTOs/SRTOs in Kerala unless the financial condition of Kerala improves.\n\n\n== References ==\n\nOfficial list of Regional Transport Offices\nOfficial list of Sub Regional Transport Offices\n\n\n== External links ==\nhttps://www.mvd.kerala.gov.in (Link to Kerala Motor Vehicles Department.
Form 10-K A Form 10-K is an annual report required by the U.S. Securities and Exchange Commission (SEC), that gives a comprehensive summary of a company's financial performance. Although similarly named, the annual report on Form 10-K is distinct from the often glossy "annual report to shareholders," which a company must send to its shareholders when it holds an annual meeting to elect directors (though some companies combine the annual report and the 10-K into one document).
Profit (economics) An economic profit is the difference between the revenue a commercial entity has received from its outputs and the opportunity costs of its inputs. It equals to total revenue minus total cost, including both explicit and implicit costs.
Profitability analysis In cost accounting, profitability analysis is an analysis of the profitability of an organisation's output. Output of an organisation can be grouped into products, customers, locations, channels and/or transactions.
Profitability index Profitability index (PI), also known as profit investment ratio (PIR) and value investment ratio (VIR), is the ratio of payoff to investment of a proposed project. It is a useful tool for ranking projects because it allows you to quantify the amount of value created per unit of investment.
Customer Profitability Analysis Customer Profitability Analysis (in short CPA) is a management accounting and a credit underwriting method, allowing businesses and lenders to determine the profitability of each customer or segments of customers, by attributing profits and costs to each customer separately. CPA can be applied at the individual customer level (more time consuming, but providing a better understanding of business situation) or at the level of customer aggregates / groups (e.g.
Profitable growth Profitable Growth is the combination of profitability and growth, more precisely the combination of Economic Profitability and Growth of Free cash flows. Profitable growth is aimed at seducing the financial community; it emerged in the early 80s when shareholder value creation became firms’ main objective.
Customer profitability Customer Profitability Analysis (in short CPA) is a management accounting and a credit underwriting method, allowing businesses and lenders to determine the profitability of each customer or segments of customers, by attributing profits and costs to each customer separately. CPA can be applied at the individual customer level (more time consuming, but providing a better understanding of business situation) or at the level of customer aggregates / groups (e.g.
Porter's five forces analysis Porter's Five Forces Framework is a method of analysing the operating environment of a competition of a business. It draws from industrial organization (IO) economics to derive five forces that determine the competitive intensity and, therefore, the attractiveness (or lack thereof) of an industry in terms of its profitability.
Net income In business and accounting, net income (also total comprehensive income, net earnings, net profit, bottom line, sales profit, or credit sales) is an entity's income minus cost of goods sold, expenses, depreciation and amortization, interest, and taxes for an accounting period.It is computed as the residual of all revenues and gains less all expenses and losses for the period, and has also been defined as the net increase in shareholders' equity that results from a company's operations. It is different from gross income, which only deducts the cost of goods sold from revenue.
Audit plan Audit planning is a vital area of the audit, primarily conducted at the beginning of audit process, to ensure that appropriate attention is devoted to important areas, potential problems are promptly identified, work is completed expeditiously and work is properly coordinated. "Audit planning" means developing a general strategy and a detailed approach for the expected nature, timing and extent of the audit.
Hart Memorial Trophy The Hart Memorial Trophy, originally known as the Hart Trophy is an annual award for the most valuable player to his team in the National Hockey League (NHL), voted by the members of the Professional Hockey Writers' Association. The original trophy was donated to the league in 1923 by David Hart, the father of Cecil Hart, the longtime head coach of the Montreal Canadiens.
Taylor Hawkins Oliver Taylor Hawkins (February 17, 1972 – March 25, 2022) was an American musician, best known as the drummer of the rock band Foo Fighters, with whom he recorded nine studio albums between 1999 and 2021. Before joining the band in 1997, he was the touring drummer for Sass Jordan and for Alanis Morissette, as well as the drummer in the progressive experimental band Sylvia which later became known as ANYONE.In 2004, Hawkins formed his own side project, Taylor Hawkins and the Coattail Riders, in which he played drums and sang, releasing three studio albums between 2006 and 2019.
Interrupt In digital computers, an interrupt (sometimes referred to as a trap) is a request for the processor to interrupt currently executing code (when permitted), so that the event can be processed in a timely manner. If the request is accepted, the processor will suspend its current activities, save its state, and execute a function called an interrupt handler (or an interrupt service routine, ISR) to deal with the event.
Cholecystitis Cholecystitis is inflammation of the gallbladder. Symptoms include right upper abdominal pain, pain in the right shoulder, nausea, vomiting, and occasionally fever.
Tolling (law) Tolling is a legal doctrine that allows for the pausing or delaying of the running of the period of time set forth by a statute of limitations, such that a lawsuit may potentially be filed even after the statute of limitations has run. Although grounds for tolling the statute of limitations vary by jurisdiction, common grounds include:\nThe plaintiff was a minor at the time a cause of action accrued.
Online newspaper An online newspaper (or electronic news or electronic news publication) is the online version of a newspaper, either as a stand-alone publication or as the online version of a printed periodical.\nGoing online created more opportunities for newspapers, such as competing with broadcast journalism in presenting breaking news in a more timely manner.
Marketing Marketing is the process of exploring, creating, and delivering value to meet the needs of a target market in terms of goods and services; potentially including selection of a target audience; selection of certain attributes or themes to emphasize in advertising; operation of advertising campaigns; attendance at trade shows and public events; design of products and packaging attractive to buyers; defining the terms of sale, such as price, discounts, warranty, and return policy; product placement in media or with people believed to influence the buying habits of others; agreements with retailers, wholesale distributors, or resellers; and attempts to create awareness of, loyalty to, and positive feelings about a brand. Marketing is typically done by the seller, typically a retailer or manufacturer.
Merchandising Merchandising is any practice which contributes to the sale of products to a retail consumer. At a retail in-store level, merchandising refers to displaying products that are for sale in a creative way that entices customers to purchase more items or products.
History of Western fashion The following is a chronological list of articles covering the history of Western fashion—the story of the changing fashions in clothing in countries under influence of the Western world⁠—from the 5th century to the present.\n\n\n== History of fashion by time ==\n400–1100 in fashion\n1100–1200 in fashion\n1200–1300 in fashion\n1300–1400 in fashion\n1400–1500 in fashion\n1500–1550 in fashion\n1550–1600 in fashion\n1600–1650 in fashion\n1650–1700 in fashion\n1700–1750 in fashion\n1750–1775 in fashion\n1775–1795 in fashion\n1795–1820 in fashion\n1820s in fashion\n1830s in fashion\n1840s in fashion\n1850s in fashion\n1860s in fashion\n1870s in fashion\n1880s in fashion\n1890s in fashion\n1900s in fashion\n1910s in fashion\n1920s in fashion\n1930–1945 in fashion\n1945–1960 in fashion\n1960s in fashion\n1970s in fashion\n1980s in fashion\n1990s in fashion\n2000s in fashion\n2010s in fashion\n2020s in fashion\n\n\n== See also ==\n\n\n=== Medieval dress ===\nByzantine dress\nEarly medieval European dress\nEnglish medieval clothing\nAnglo-Saxon dress\n\n\n=== Western world and their manners of dressing up ===\nThe Western wear category of clothing reflects the style worn in 19th-century clothes for both men and women in the 1940s and 1950s, singing cowboys, such as Gene Autry and Roy Rogers, wore stylized clothes that were popularized in Western films and television.
2020s in fashion 2000s fashion is often described as being a global mash up, where trends saw the fusion of previous vintage styles, global and ethnic clothing (e.g. boho), as well as the fashions of numerous music-based subcultures.
2000s in fashion The 2010s were defined by hipster fashion, athleisure, a revival of austerity-era period pieces and alternative fashions, swag-inspired outfits, 1980s-style neon streetwear, and unisex 1990s-style elements influenced by grunge and skater fashions. The later years of the decade witnessed the growing importance in the western world of social media influencers paid to promote fast fashion brands on Pinterest and Instagram.Popular global fashion brands of the decade included Abercrombie and Fitch, Adidas, Balenciaga, Ben Sherman, Burberry, Christian Dior, Coach, DSquared2, Dorothy Perkins, Fashion Nova, Forever 21, Gucci, H&M, Hollister, Hugo Boss, Lacoste, Louis Vuitton, Marks and Spencer, Michael Kors, Monsoon Accessorize, Nike, Nine West, Off-White, River Island, Supreme, Topman, Topshop, Uniqlo, Under Armour, and Vans.
2010s in fashion The 2010s were defined by hipster fashion, athleisure, a revival of austerity-era period pieces and alternative fashions, swag-inspired outfits, 1980s-style neon streetwear, and unisex 1990s-style elements influenced by grunge and skater fashions. The later years of the decade witnessed the growing importance in the western world of social media influencers paid to promote fast fashion brands on Pinterest and Instagram.Popular global fashion brands of the decade included Abercrombie and Fitch, Adidas, Balenciaga, Ben Sherman, Burberry, Christian Dior, Coach, DSquared2, Dorothy Perkins, Fashion Nova, Forever 21, Gucci, H&M, Hollister, Hugo Boss, Lacoste, Louis Vuitton, Marks and Spencer, Michael Kors, Monsoon Accessorize, Nike, Nine West, Off-White, River Island, Supreme, Topman, Topshop, Uniqlo, Under Armour, and Vans.
History of fashion design History of fashion design refers specifically to the development of the purpose and intention behind garments, shoes and accessories, and their design and construction. The modern industry, based around firms or fashion houses run by individual designers, started in the 19th century with Charles Frederick Worth who, beginning in 1858, was the first designer to have his label sewn into the garments he created.
Fashion capital A fashion capital is a city with major influence on international fashion scene, from history, heritage, designers, trends, styles, to manufacturing innovation and retailing of fashion products, including events such as fashion weeks, fashion council awards, and trade fairs that together, generate significant economic output.With exquisite fashion heritage, structured organization, and the most vaunted fashion designers of the last century, four cities are considered the main fashion capitals of the 21st century. Called the "Big Four, the most prominent fashion capitals of the world—in chronological order of their eponymous fashion weeks, are New York, London, Milan, and Paris, which receive the majority of press coverage.
Alternative fashion Alternative fashion or Alt fashion is fashion that stands apart from mainstream commercial fashion. Alternative fashion includes the fashions of specific subcultures such as emo, scene, goth subculture, hip hop, cyberpunk, kawaii, cottagecore, goblincore, 70's core, and Lolita fashion; however, it is not limited to these.
Risk Factors
STEIN MART INC ITEM 1A RISK FACTORS Our results of operations and financial condition can be adversely affected by numerous risks and uncertainties
The most important of these risks and uncertainties are detailed below
You should carefully consider the risk factors described below and other risks which may be disclosed from time to time in the Company’s filings with the SEC before investing in the Company’s securities
Should any of these risks actually materialize, our business, financial condition, and future prospects could be negatively impacted
Intense competition in the retail industry
We face intense competition for customers from department stores, specialty retailers and regional and national off-price retail chains
Many of these competitors are larger and have significantly greater financial and marketing resources than we do
In addition, many department stores have become more promotional and have reduced their price points, and certain department stores and certain of our vendors have opened outlet stores which offer merchandise at prices that are competitive with ours
Many of our competitors also make sales through the Internet, and although we do maintain an Internet site, we do not sell merchandise online
Accordingly, we may face periods of intense competition in the future which could have a material adverse effect on our profitability and results of operations
We may be unable to open new stores in a cost-effective and timely manner
Our future operating results will depend to a substantial extent upon our ability to open and operate new stores successfully, and our ability to open new stores will depend upon a number of factors, including the ability to properly identify and enter new markets, locate suitable store sites in the face of intense competition, negotiate acceptable lease terms, construct or refurbish sites, hire, train and retain skilled managers and personnel, and other factors, some of which may be beyond our control
In particular, the success of our individual stores depends to a great extent on locating them in desirable and convenient venues in markets that include our target demographic
The success of individual stores 8 ______________________________________________________________________ also may depend on the success of the shopping centers in which they are located
In addition, the demographic and other marketing data we rely on in determining the location of our stores cannot predict future consumer preferences and buying trends with complete accuracy
Lastly, our proposed expansion also will place increased demands on our operational, managerial and administrative resources
These increased demands could cause us to operate our business less effectively, which in turn could cause deterioration in the financial performance of our existing stores
In addition, to the extent that our new store openings are in existing markets, we may experience reduced net sales volumes in existing stores in those markets
We expect to fund our expansion through cash flow from operations and, if necessary, by borrowings under our revolving credit facility; however, if we experience a decline in performance, we may slow or discontinue store openings
Consumer sensitivity to economic conditions
The retail apparel business is dependent upon the level of consumer spending which may be materially adversely affected by an economic downturn or a decline in consumer confidence
As a fashion retailer, we rely on the expenditure of discretionary income for most, if not all, of our sales
A downturn, whether real or perceived, in economic conditions or prospects, particularly in the Southeast and other regions in which we derive a significant portion of our net sales, could adversely affect consumer spending habits and have a material adverse effect on our results of operations
In particular, the continued threat of terrorism, heightened security measures and military action in response to an act of terrorism has disrupted commerce and intensified the uncertainty of the US economy
Any further acts of terrorism or a future war may further disrupt commerce and undermine consumer confidence, which could negatively impact our sales revenue by causing consumer spending to decline
Furthermore, an act of terrorism or war, or the threat thereof, could negatively impact our business by interfering with our ability to obtain merchandise from vendors
Inability to obtain merchandise from our vendors or substitute suppliers at similar costs in a timely manner could have a material adverse effect on our operating results and financial condition
Unanticipated changes in fashion trends and changing consumer preferences
Our success depends in part upon our ability to anticipate and respond to changing consumer preferences and fashion trends in a timely manner
Although we attempt to stay abreast of the fashion tastes of our customers and provide merchandise that satisfies customer demand, fashion trends can change rapidly and we cannot assure that we will accurately anticipate shifts in fashion trends and adjust our merchandise mix to appeal to changing consumer tastes in a timely manner
If we misjudge the market for our products or are unsuccessful in responding to changes in fashion trends or in market demand, we could experience insufficient or excess inventory levels which could result in higher markdowns, any of which would have a material adverse effect on our financial condition and results of operations
A lack of adequate sources of merchandise at acceptable prices
Our business is dependent to a significant degree upon our ability to purchase designer and other fashion merchandise at acceptable wholesale prices
Although we believe our relationships with our vendors are positive, we do not have long-term agreements with any vendor
As a result, we must continuously seek out buying opportunities from our existing suppliers and from new sources
We compete for these opportunities with other retailers, discount and deep-discount chains, mass merchandisers and various privately-held companies and individuals
Although we do not depend on any single vendor or group of vendors and believe we can successfully compete in seeking out new vendors, the loss of certain key vendors could make it difficult for us to acquire sufficient quantities and an appropriate mix of merchandise at acceptable prices, which could have a material adverse effect on our results of operations
Seasonality, and especially the importance of the holiday selling season
Our business is affected by the seasonal pattern common to most retailers
Historically, our highest net sales and profit levels occur during the fourth quarter, which includes the holiday selling season
Our operating results depend significantly upon net sales generated during the fourth quarter, and any factor that negatively impacts the holiday selling season could have a material adverse effect on our results of operations for the entire year
Our advertising, marketing and promotional strategies may be ineffective and inefficient
Our profitability and results of operations may be materially affected by the effectiveness and efficiency of our marketing expenditures and our ability to select the right markets and media in which to advertise
In particular, we may not be successful in our efforts to create greater awareness of our stores and our promotions, identify the most effective and efficient level of spending in each market and specific media vehicle and determine the appropriate creative message and media mix for our advertising, marketing and promotional expenditures
Our planned marketing expenditures may not result in increased revenues
In addition, if we are not able to manage our marketing expenditures on a cost-effective basis, our profitability and results of operations could be materially adversely affected
If the third parties, which we rely on for a majority of the distribution aspects of our business, experience labor strikes or do not adequately perform our distribution functions, our business would be disrupted
The efficient operation of our stores is dependent on our ability to receive merchandise in our stores throughout the United States in a timely manner
We depend on vendors to sort and pack substantially all of our merchandise and on package delivery companies to deliver this merchandise directly to our stores
These vendors and package delivery companies may experience labor strikes or other disruptions in the future, the resolution of which will be out of our control, and could result in a material disruption in our business
Any failure by these third parties to respond adequately to our distribution needs, including labor strikes or other disruptions in the business, would disrupt our operations and negatively impact our profitability
9 ______________________________________________________________________ Because of our focus on keeping our inventory at the forefront of fashion trends, extreme and/or unseasonable weather conditions could force us to prematurely mark down inventory
Our business is susceptible to unseasonable weather conditions
For example, extended periods of unseasonably warm temperatures during the winter season or cool weather during the summer season could render a portion of our inventory incompatible with those unseasonable conditions
These prolonged unseasonable weather conditions could have a material adverse effect on our business, financial condition and results of operations
In addition, hurricanes or other extreme weather conditions over a prolonged period might make it difficult for our customers to travel to our stores, which could have a material adverse effect on our business, financial condition and results of operations
Moreover, as many of our stores are located in the southeastern United States and Texas, we are subject to disruptions from hurricanes which may have a material adverse effect on our business
Fluctuations in comparable store sales and quarterly results of operations could cause the price of our common stock to decline substantially
Our comparable store sales and quarterly results of operations are affected by a variety of factors, including: • fashion trends • calendar shifts of holiday or seasonal periods • the effectiveness of our inventory management • changes in our merchandise mix • the timing of promotional events • weather conditions • changes in general economic conditions and consumer spending patterns • actions of competitors Our comparable store sales and quarterly results have fluctuated in the past and are expected to continue to fluctuate in the future
In addition, we cannot assure you that we will be able to maintain comparable store sales increases as we expand our business
We may be unable to close under-performing stores in a cost-effective and timely manner
As part of our strategy, we close certain under-performing stores, generally based on considerations of store profitability, competition, strategic factors and other considerations
Closing a store could subject us to costs including the write-down of leasehold improvements, equipment, furniture and fixtures
In addition, we could remain liable for future lease obligations
These costs associated with closings of under-performing stores could have a material adverse effect on our profitability and results of operations
Our failure to adequately protect our trademark Stein Mart^®, and, to a lesser extent, the various other marks we use in conjunction with our private label merchandise program, could have a negative impact on our brand image
We believe that our trademark Stein Mart^® and, to a lesser extent, the various other marks that we use in connection with our private label merchandise program, are important to us because we feel that these brands have characteristics unique to our business
We have obtained a federal registration of the Stein Mart^® trademark and various other trademarks in the United States
We cannot assure you that the registrations that we have obtained will prevent the imitation of our business or infringement of our intellectual property rights by others
If we are unable to protect our brand or our brand becomes associated with lesser characteristics or otherwise carries a negative connotation, our brand image, and consequently the results of our operations, could be materially adversely affected
We are dependent on certain key personnel
Our continued success will depend to a significant extent upon the efforts and abilities of our senior executives, and the loss of the services of one or more of these executives could have a material adverse effect upon our results of operations
These executives are Michael D Fisher, president and chief executive officer; Jay Stein, chairman of the board of directors; James G Delfs, senior vice president, finance and chief financial officer; D Hunt Hawkins, senior vice president, human resources; and Michael D Ray, senior vice president, director of stores; and our general merchandising managers, M Kassie Jones, William A Moll and John H Pennell, as well as the vice president of planning and allocation, Roseann McLean
Our continued success is also dependent upon our ability to attract and retain qualified employees to meet our needs, especially to support planned growth