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Cato Corp (CATO.K)

CATO.K on New York Consolidated

21.89USD
22 May 2017
Change (% chg)

$0.68 (+3.21%)
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$21.21
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Volume
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Latest Key Developments (Source: Significant Developments)

Cato posts Q1 earnings per share $0.85
Thursday, 18 May 2017 07:00am EDT 

May 18 (Reuters) - Cato Corp :Cato reports decline in 1Q EPS.Q1 earnings per share $0.85.Q1 sales fell 17 percent to $237.7 million.Company's same-store sales for quarter decreased 17 pct to last year.Sales for Q1 were $237.7 million, a decrease of 17 pct."it is taking longer to work through these issues than expected and remainder of year will be impacted"."we expect earnings for year to be below last year.".  Full Article

Cato reports april same-store sales down 2 pct
Thursday, 4 May 2017 07:00am EDT 

May 4 (Reuters) - Cato Corp ::Cato reports april same-store sales down 2%.April sales fell 2 percent to $80.6 million.Q1 sales fell 17 percent to $237.7 million.April same store sales fell 2 percent.Says negative sales trends persisted throughout march and april as we continued to work through our merchandise assortment missteps.Says still expect q1 earnings to be significantly less than last year.Says april sales were impacted by shift of easter from march last year to april this year.  Full Article

Cato reports March same-store sales down 21 pct
Thursday, 6 Apr 2017 07:00am EDT 

Cato Corp : Cato reports march same-store sales down 21% . March sales fell 22 percent to $93.2 million . March same store sales fell 21 percent . Cato Corp says "expect current sales headwinds to continue as we work through our merchandise assortment missteps" . Cato Corp says during month of March, company opened two stores and relocated one store .Cato Corp says march sales were negatively impacted by shift of Easter from march last year to April this year.  Full Article

Cato reports 4Q and full year earnings
Thursday, 16 Mar 2017 07:00am EDT 

Cato Corp : "We believe 2017 will be another challenging year for Cato," . Company plans to open 13 new stores during 2017 . Reports 4Q and full year earnings . For 2017, company anticipates closing up to 19 stores by year-end. . Q4 same store sales fell 12 percent . Q4 revenue $247.3 million . Sees 2017 capital expenditures are projected to be approximately $16 million . "2016 was a very disappointing year. Overall apparel retail environment continued to be difficult and was compounded by several mistakes of our own" .Sales for fiscal Q4 ended January 28, 2017 were $218.2 million, a decrease of 12 pct from sales of $247.3 million for Q4 ended January 30, 2016.  Full Article

Cato says February same-store sales down 25 pct
Thursday, 2 Mar 2017 07:00am EST 

Cato Corp : Cato Corp says February sales continued to decline and were significantly lower due to delayed tax refunds . Cato reports February same-store sales down 25 pct . February sales fell 25 percent to $63.9 million . February same store sales fell 25 percent .Cato Corp - as of February 25, 2017, company operated 1,371 stores in 33 states, compared to 1,372 stores in 32 states as of February 27, 2016.  Full Article

Cato reports November same-store sales down 10 pct
Thursday, 1 Dec 2016 07:00am EST 

Cato Corp :Cato reports November same-store sales down 10 pct.  Full Article

Cato reports September same-store sales down 9%
Thursday, 6 Oct 2016 07:00am EDT 

Cato Corp : Cato reports September same store sales down 9% . September sales fell 8 percent to $76.2 million . "september same-store sales were well below our expectations" . Cato corp september same store sales view down 4 percent – thomson reuters data . Sees Q3 earnings per share $0.07 to $0.11 . September same store sales fell 9 percent . Expect Q3 earnings per diluted share will be in range of $.07 to $.11 versus $.30 last year ."decrease in earnings due to lower sales is offset by favorable adjustments to effective tax rate as a result of continuing tax initiatives".  Full Article

Cato Corp says August same-store sales down 8 pct
Thursday, 1 Sep 2016 07:00am EDT 

Cato Corp : Reports August same-store sales down 8 pct . August sales fell 7 percent to $62 million . August same store sales fell 8 percent . Sales for thirty weeks ended August 27, 2016 were $584.1 million, down 2 pct ."August same-store sales continued our negative trend and remain well below our expectations".  Full Article

Cato reports Q2 earnings per share $0.57
Thursday, 18 Aug 2016 07:00am EDT 

Cato Corp : Q2 earnings per share $0.57 . Cato reports 2Q earnings per share up 2 percent . Q2 sales fell 5 percent to $236.7 million . Expectations for Q3 remain unchanged . Cato Corp sees Q3 earnings per diluted share in range of $0.13 to $0.18 . Same-store sales for quarter decreased 6 percent to last year . Cato Corp says estimate of earnings per share for full year is now a range of $2.32 to $2.41 .Now expects to open 12 new stores during 2016, down from 23 stores due to lack of shopping center development and increased competition for available space.  Full Article

Cato reports July same-store sales down 10 pct
Thursday, 4 Aug 2016 07:00am EDT 

Cato Reports July Same : Sees q1 earnings per share $0.52 to $0.55 . Q2 sales $236.7 million . Store sales down 10% . July sales $61.2 million . July same store sales fell 10 percent .Q2 same-store sales were down 6% to prior year.  Full Article

More From Around the Web

BRIEF-Cato posts Q1 earnings per share $0.85

* Company's same-store sales for quarter decreased 17 pct to last year