Cato Reports Decrease In 1Q Net Income And EPS
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 23, 2019 /PRNewswire/ -- The Cato Corporation (NYSE: CATO) today reported net income of $21.3 million or $.87 per diluted share for the first quarter ended May 4, 2019, compared to net income of $23.4 million or $.94 per diluted share for the first quarter ended May 5, 2018. Net income decreased 9% and earnings per diluted share decreased 7% for the quarter. Sales for the first quarter were $228.1 million, or a decrease of 3% from sales of $236.0 million for the first quarter ended May 5, 2018. The Company's same-store sales for the quarter decreased 1% to last year."We are starting to see slightly more favorable sales trends and continue to believe our business has stabilized," stated John Cato, Chairman, President, and Chief Executive Officer. "We remain cautiously optimistic."Gross margin increased 1.0% to 40.3% of sales in the quarter, primarily due to higher merchandise margins. SG&A expenses as a percent of sales increased 1.0% to 28.9% during the quarte
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CATO
News
- CATO REPORTS 4Q AND FULL YEAR LOSS [Yahoo! Finance]Yahoo! Finance
- CATO REPORTS 4Q AND FULL YEAR LOSSPR Newswire
- 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
- 4/3/24 - Form DEF
- 3/27/24 - Form 10-K
- 3/25/24 - Form 8-K
- CATO's page on the SEC website