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Stock impact report

Cato Reports Increase In 2Q Net Income And EPS

Cato Corporation (The) Class A (CATO) 
Last cato corporation (the) class a earnings: 3/16 07:00 am Check Earnings Report
US:NYSE Investor Relations: catofashions.com/info/investor-relations
Company Research Source: PR Newswire
CHARLOTTE, N.C., Aug. 22, 2019 /PRNewswire/ -- The Cato Corporation (NYSE: CATO) today reported net income of $11.9 million or $.48 per diluted share for the second quarter ended August 3, 2019, compared to a net income of $6.5 million or $.26 per diluted share for the second quarter ended August 4, 2018.  Sales for the second quarter were $210.4 million, or an increase of 2% from sales of $206.8 million for the second quarter ended August 4, 2018.   The Company's same-store sales for the quarter increased 4% to last year.For the six months ended August 3, 2019, the Company earned net income of $33.1 million, compared to net income of $29.9 million for the six months ended August 4, 2018.  Earnings per diluted share were $1.34 compared to $1.20 last year.  Sales for the six months ended August 3, 2019 were $438.4 million, down 1% to sales of $442.9 million for the six months ended August 4, 2018.  Year-to-date same-store sales increased 1%."Our performance in the second quarter and fi Show less Read more
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