Fashion retailer Cato reported its financial results for the first quarter ended May 3, 2025, reporting a net income of 3.3 million dollars, or 17 cents per diluted share, a decrease compared to the 11 million dollars, or 54 cents per diluted share, recorded in the same period last year. The retailer's sales for the quarter also saw a dip,...
May 22, 2025
The Cato Corporation reported a net loss of 14.1 million dollars or 74 cents per diluted share for the fourth quarter ended February 1, 2025. Sales for the quarter of 155.3 million dollars, decreased 10 percent and comparable sales also decreased 5.1 percent. "Our fiscal 2024 sales trend was negatively impacted by continued pressure on our...
Mar 20, 2025
The Cato Corporation reported a net loss of 15.1 million dollars or 79 cents per diluted share for the third quarter, while sales decreased by 8 percent to 144.6 million dollars and same-store sales decreased 3 percent compared to 2023. For the nine month period, the company’s net loss reached 4 million pounds or 24 cents per diluted share and...
Nov 21, 2024
The Cato Corporation’s net income declined to 0.1 million dollars or 1 cent per diluted share for the second quarter. Sales for the quarter decreased 8 percent to 166.9 million dollars. The company’s same-store sales decreased 2 percent. "Although the second quarter sales trend improved, the sales environment continues to be challenged by...
Aug 22, 2024
The Cato Corporation reported net income of 11 million dollars or 54 cents per diluted share for the first quarter compared to 4.4 million dollars or 22 cents per diluted share for the same quarter last year. Sales for the quarter were 175.3 million dollars, a decrease of 8 percent, while same-store sales decreased 6 percent. "The pressure on...
May 23, 2024
The Cato Corporation reported net income of 1.1 million dollars or 6 cents per diluted share for the second quarter compared to a net loss of 2.3 million dollars or 11 cents loss per diluted share for the same quarter of 2022. Sales for the quarter were 181.2 million dollars or a decrease of 7 percent, while the same-store sales decreased 5...
Aug 18, 2023
The Cato Corporation reported a net loss of 3 million dollars or 14 cents loss per diluted share for the fourth quarter compared to a net loss of 6.5 million dollars or 30 cents per diluted share for the same quarter last year. Sales for the fourth quarter were 177.5 million dollars, an increase of 2 percent, while same-store sales for the...
Mar 16, 2023
The Cato Corporation reported a net loss of 4.5 million dollars or 21 cents loss per diluted share for the third quarter ended October 29, 2022, compared to net income of 8.6 million dollars or 39 cents per diluted share for the third quarter ended October 30, 2021. Sales for the third quarter were $174.9 million, an increase of 3 percent, while...
Nov 17, 2022
The Cato Corporation reported a net loss of 2.3 million dollars or loss of 11 cents per diluted share for the second quarter compared to net income of 14 million dollars or 62 cents per diluted share for the second quarter last year. Sales for the quarter were 195 million dollars, or a decrease of 5 percent and same-store sales decreased 5...
Aug 18, 2022
The Cato Corporation reported net income of 9.7 million dollars or 46 cents per diluted share for the first quarter compared to 20.7 million dollars or 92 cents per diluted share for the first quarter ended May 1, 2021. Sales for the quarter were 204.9 million dollars or a decrease of 3 percent, while same-store sales decreased 2 percent...
May 19, 2022
The Cato Corporation reported a net loss of 6.5 million dollars or 30 cents per diluted share for the fourth quarter ended January 29, 2022 compared to a net loss of 8.3 million dollars or 37 cents per diluted share for the fourth quarter ended January 30, 2021. Full-year fiscal 2021 net income was 36.8 million dollars or 1.65 dollars per...
Mar 17, 2022
The Cato Corporation has announced that John R. Howe, its executive vice president and chief financial officer and the company’s principal financial officer, plans to retire from these roles effective January 17, 2022 following 35 years of service. The company said in a statement that Howe will remain employed through May 1, 2022 to assist with...
Jan 5, 2022
