Key Developments: Cato Corp (CATO.N)
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Latest Key Developments (Source: Significant Developments)
Cato Corp Announces Regular Quarterly Dividend
Cato Corp announced that Board of Directors declared a regular quarterly dividend of $0.05 per share. The dividend will be payable on June 24, 2013 to shareholders of record on June 10, 2013. Full Article
Cato Corp Issues Q2 2013 Guidance Below Analysts' Estimates; Comments On Q2 2013 Same Store Sales Guidance; Narrows FY 2013 EPS Guidance To A Range In Line With Analysts' Estimates
Cato Corp announced that for second quarter of 2013, it expects same store sales in the range of down 3% to flat and earnings per diluted share in the range of $0.42 to $0.48. For fiscal 2013, it expects earnings per diluted share to a range of $1.66 to $1.84. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $0.52 for second quarter of 2013; EPS of $1.82 for fiscal 2013. Full Article
Cato Corp Lowers Q1 2013 EPS Guidance
Cato Corp announced that for first quarter of 2013, it expects earnings per diluted share will be in the range of $1.02 to $1.04. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $1.02 for first quarter of 2013. Full Article
Cato Corp Issues Q1 2013 Earnings Guidance; Issues FY 2013 Earnings Guidance Below Analysts' Estimates; Comments On FY 2013 Same Store Sales Guidance
Cato Corp announced that for first quarter of 2013, it expects net income to be in a range of $30.3 million to $33.3 million, or $1.03 to $1.14 per diluted share, a decrease of 5% to an increase of 5% compared to $1.09 in first quarter 2012. For fiscal 2013, it expects same-store sales to be in a range of down 3% to down 1% and its gross margin rate will decrease to 37.1% from 37.7% in 2012, resulting in net income in a range of $48.1 million to $56.8 million, a decrease of 22% to 8% compared to $61.7 million in 2012. The Company estimates earnings per diluted share to be in a range of $1.64 to $1.93, a decrease of 22% to 9% compared to $2.11 in 2012. According to I/B/E/S Estimates, analysts are expecting the Company to report net income of $66 million and EPS of $2.30 for fiscal 2013. Full Article
Cato Corp Announces Dividend Increase Of 20%
Cato Corp announced that its board of directors have declared a quarterly dividend of $0.05 per share. The dividend will be payable on March 25, 2013 to shareholders of record of the Corporation at the close of business on March 11, 2013. Full Article
Cato Corp Lowers Q4, FY 2012 EPS Guidance
Cato Corp announced that for fourth quarter of 2012, it expects earnings per share (EPS) to be in the range of $0.27-$0.29 versus $0.35 last year. For fiscal 2012, the Company expects diluted earnings per share to be within the range of $2.11-$2.13 versus $2.21 last year. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $0.35 for fourth quarter of 2012; EPS of $2.19 for fiscal 2012. Full Article
Cato Corp Lowers Q4, FY 2013 EPS Guidance
Cato Corp announced that for fourth quarter of 2013, it expects earnings per diluted share (EPS) will be within the range of $0.34 to $0.36, versus the original guidance of $.38 to $.42 and $0.35 last year. For fiscal 2013, it expects yearnings per diluted share (EPS) in the range of $2.17 to $2.19 versus the recent guidance of $2.22 to $2.26 and $2.21 last year. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $0.41 for fourth quarter of 2013; EPS of $2.25 for fiscal 2013. Full Article
Cato Corp Announces Regular Quarterly Dividend
Cato Corp announced that its board of directors have declared a regular quarterly dividend of $0.25 per share. The dividend will be payable on December 28, 2012 to shareholders of record of the Corporation at the close of business on December 14, 2012. The payment date was originally scheduled for January 4, 2013. Full Article
Cato Corp Reaffirms Q4 2012 EPS Guidance; Raises FY 2012 EPS Guidance
Cato Corp announced that for fourth quarter of 2012, it expects earnings per diluted share will be within guidance of $0.38-$0.42. For fiscal 2012, it expects earnings per diluted share are estimated to be in the range of $2.22-$2.26. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $0.41 for fourth quarter of 2012; EPS of $2.24 for fiscal 2012. Full Article
Cato Corp Sees Q3 2012 EPS Guidance At Near Midpoint Of Prior Range
Cato Corp announced that it expects third quarter 2012 earnings per diluted share will be near the midpoint of estimated range of $.12 to $.17 and up from previous guidance of the lower end of the range. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $0.12 for third quarter of 2012. Full Article
Earnings vs. 
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