United States

Cato Corp (CATO.N)

CATO.N on New York Stock Exchange

24 Feb 2017
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$0.28 (+1.09%)
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Fri, Nov 18 2016

BRIEF-Cato Corp increases share repurchase authorization

* Cato Corp - board of directors has authorized an increase in company's share repurchase program of 2 million shares

BRIEF-Cato reports Q3 earnings per share $0.30

* For quarter, gross margin rate decreased to 35.5 pct of sales from 37.2 pct last year

BRIEF-Cato reports Oct. Same-store sales down 6 pct

* October same store sales fell 6 percent Source text for Eikon: Further company coverage:

BRIEF-Cato reports September same-store sales down 9%

* "september same-store sales were well below our expectations"

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