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United States

Cato Corp (CATO.N)

CATO.N on New York Stock Exchange

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Thu, Aug 17 2017

BRIEF-Cato Corp reports Q2 EPS loss of $0.03

* Qtrly ‍gross margin decreased 590 basis points to 31.1% as a percent of sales primarily due to lower merchandise margins​

BRIEF-Cato posts Q1 earnings per share $0.85

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

BRIEF-Cato reports april same-store sales down 2 pct

* Says negative sales trends persisted throughout march and april as we continued to work through our merchandise assortment missteps

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