Cato Reports April Same-Store Sales Up 16%
Cato Corporation (The) Class A (CATO)
Last cato corporation (the) class a earnings: 3/16 07:00 am
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US:NYSE Investor Relations:
catofashions.com/info/investor-relations
Company Research
Source: PR Newswire
CHARLOTTE, N.C., May 9, 2019 /PRNewswire/ -- The Cato Corporation (NYSE: CATO) today reported sales of $81.5 million for the four weeks ended May 4, 2019, a 14% increase from sales of $71.8 million for the four weeks ended May 5, 2018. Same-store sales for the four weeks ended May 4, 2019 increased 16% from the four weeks ended May 5, 2018. Sales for the first quarter ended May 4, 2019 were $228.1 million, a 3% decrease from sales of $236.0 million for the first quarter ended May 5, 2018. Same-store sales for the first quarter decreased 1% compared to last year. April sales were impacted by the shift of Easter from March last year to April this year. Because of this shift, the best measure for sales performance is the combined sales for the two months, which was flat overall but increased 3% to the prior year on a same-store basis for the nine weeks ended May 4, 2019."Although we are pleased with our Easter performance, we remain cautious" stated John Cato, Chairman, President
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News
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- The Cato Co. (NYSE: CATO) was downgraded by analysts at TheStreet from a "c-" rating to a "d+" rating.MarketBeat
- Cato Corporation: Commercially Doomed But Liquidation Upside Exists [Seeking Alpha]Seeking Alpha
- Cato's Operations Are Eating The Deep Value Play [Seeking Alpha]Seeking Alpha
CATO
Analyst Actions
- 3/19/24 - TheStreet
CATO
Sec Filings
- 5/3/24 - Form 4
- 5/3/24 - Form 4
- 5/3/24 - Form 4
- CATO's page on the SEC website