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CATO CORP, also called Cato, is a retailer of women's fashions and accessories. It operates through the following business segments: Retail and Credit. Read More The Retail segment offers fashion specialty stores. The Credit segment involves in credit card services. The company was founded in 1946 and is headquartered in Charlotte, NC.
Charlotte, North Carolina
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Seeking AlphaMar 21
More on Cato Q4 results
Cato (CATO +1.6% ) reports Q4 sales decrease 10% to $190.4M; comparable and same-store sales decline 3% and 2%, respectively Gross margin increased to 33.1% from 32.9%, primarily due to improved merchandise margins offset by higher buying and occupancy costs. Reports narrower loss before income taxes of $3.5M as compared to $7.8M last year; net loss was of $3.2M vs. $15.5M The company ended the quarter with ~$210M in cash and no debt For 2019, the Company plans to open 12 stores, and anticipates closing...
Yahoo FinanceMar 21
Cato: Fiscal 4Q Earnings Snapshot
CHARLOTTE, N.C. (AP) _ Cato Corp. (CATO) on Thursday reported a loss of $3.2 million in its fiscal fourth quarter. On a per-share basis, the Charlotte, North Carolina-based company said it had a loss of 13 cents. The clothing retailer posted revenue of $192.4 million in the period. For the year, the company reported profit of $30.5 million, or $1.23 per share. Revenue was reported as $829.7 million. Cato shares have dropped 2 percent since the beginning of the year. The stock has risen 4 percent in the ...
Present Valuation: Cato Corporation (NYSE: CATO)
Cato Corporation is part of the retail apparel and specialty industry and consumer cyclical sector. The company CEO is John P. Derham Cato. Cato Corp is a fashion specialty retailer. The Company operates women’s fashion specialty retail stores in the southeastern United States under two segment: the operation of a fashion specialty stores segment and a credit card segment. Previous Intraday Trading Performance: The CATO stock showed a previous change of 0.58% with an open at 13.86 and a close of 13.99. It...
-$0.18 per share
-$0.13 per share