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Cato Corp (CATO.N)

CATO.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Cato Reports December Sales Fell 9 Pct To $86.5 Million
Thursday, 10 Jan 2019 07:00am EST 

Jan 10 (Reuters) - Cato Corp ::CATO REPORTS DECEMBER SAME-STORE SALES FLAT.DECEMBER SALES FELL 9 PERCENT TO $86.5 MILLION.SAYS SAME-STORE SALES FOR DECEMBER WERE FLAT COMPARED TO FIVE WEEKS ENDED JANUARY 6, 2018.SALES FOR ELEVEN MONTHS ENDED JANUARY 5, 2019 WERE $776.7 MILLION, DOWN 1%.CLOSED 33 STORES IN DECEMBER..  Full Article

Cato November Same Store Sales Fell 6 Percent
Thursday, 6 Dec 2018 07:00am EST 

Cato Corp ::CATO REPORTS NOVEMBER SAME-STORE SALES DOWN 6%.NOVEMBER SALES FELL 4 PERCENT TO $59.4 MILLION.NOVEMBER SAME STORE SALES FELL 6 PERCENT."NOVEMBER SAME-STORE SALES WERE DISAPPOINTING AND BELOW OUR EXPECTATIONS" - CEO.CATO - SALES FOR TEN MONTHS ENDED DEC 1, $690.2 MILLION, FLAT VERSUS. SALES OF $693.2 MILLION FOR TEN MONTHS ENDED NOV 25, LAST YEAR, YTD SAME-STORE SALES FLAT.  Full Article

Cato Reports October Same-Store Sales Down 1%
Thursday, 8 Nov 2018 07:00am EST 

Nov 8 (Reuters) - Cato Corp ::CATO REPORTS OCTOBER SAME-STORE SALES DOWN 1%.OCTOBER SALES $62.1 MILLION VERSUS $62.3 MILLION.Q3 SALES $187.9 MILLION VERSUS $188.4 MILLION.OCTOBER SAME STORE SALES FELL 1 PERCENT.SAME-STORE SALES FOR Q3 INCREASED 1%..SAME-STORE SALES IN OCTOBER HAD A SLIGHT NEGATIVE IMPACT FROM HURRICANE MICHAEL CAUSING BUSINESS DISRUPTION AND CLOSED STORES."OCTOBER SAME-STORE SALES WERE BELOW OUR EXPECTATIONS".  Full Article

Cato Reports July Same-Store Sales Up 2%
Thursday, 9 Aug 2018 07:00am EDT 

Aug 9 (Reuters) - Cato Corp ::CATO REPORTS JULY SAME-STORE SALES UP 2%.JULY SALES $56.7 MILLION.Q2 SALES $206.9 MILLION.JULY SAME STORE SALES ROSE 2 PERCENT."EXPECT Q2 AND YEAR-TO-DATE EARNINGS TO BE SIGNIFICANTLY ABOVE 2017"."EXPECT SECOND HALF MERCHANDISE MARGINS TO BE MORE IN LINE WITH LAST YEAR AS MARKDOWN SALES WERE NOT AS SIGNIFICANT IN SECOND HALF OF 2017".  Full Article

Cato June Sales Fell 2 Pct To $72.9 Mln
Thursday, 12 Jul 2018 07:00am EDT 

July 12 (Reuters) - Cato Corp ::CATO REPORTS JUNE SAME-STORE SALES FLAT.JUNE SALES FELL 2 PERCENT TO $72.9 MILLION.REPORTED SALES OF $72.9 MILLION FOR FIVE WEEKS ENDED JULY 7, 2018, A 2% DECREASE FIVE WEEKS ENDED JULY 1, 2017.SAME-STORE SALES FOR FIVE WEEKS ENDED JULY 7, 2018 WAS FLAT COMPARED TO FIVE WEEKS ENDED JULY 8, 2017.SAYS "JUNE SAME-STORE STORES WERE SLIGHTLY BELOW OUR EXPECTATIONS".  Full Article

Cato Reports April Same-Store Sales Down 6 Pct
Thursday, 10 May 2018 07:00am EDT 

May 10 (Reuters) - Cato Corp ::CATO REPORTS APRIL SAME-STORE SALES DOWN 6%.APRIL SALES FELL 11 PERCENT TO $71.8 MILLION.Q1 SALES FELL 1 PERCENT TO $236 MILLION.APRIL SAME STORE SALES FELL 6 PERCENT.APRIL SALES WERE IMPACTED BY SHIFT OF EASTER FROM APRIL LAST YEAR TO MARCH THIS YEAR.STARTING TO SEE MORE FAVORABLE SALES TRENDS.CATO SAYS REMAIN CAUTIOUSLY OPTIMISTIC ABOUT ABILITY TO BUILD ON IMPROVED SALES TRENDS IN Q2.  Full Article

Cato Says March Sales Rose 4 Percent To $96.9 Million
Thursday, 12 Apr 2018 07:00am EDT 

April 12 (Reuters) - Cato Corp ::STORE SALES UP 6%.MARCH SALES ROSE 4 PERCENT TO $96.9 MILLION.MARCH SAME STORE SALES ROSE 6 PERCENT.STORE SALES TO BE IN LOW NEGATIVE SINGLE DIGITS".  Full Article

Cato Reports December Same-Store Sales Down 9 Pct
Thursday, 4 Jan 2018 07:00am EST 

Jan 4 (Reuters) - Cato Corp ::CATO REPORTS DECEMBER SAME-STORE SALES DOWN 9%.DECEMBER SALES FELL 9 PERCENT TO $94.7 MILLION.SEES FY EARNINGS PER SHARE $0.50 TO $0.65.SEES Q4 LOSS PER SHARE $0.30 TO $0.45.  Full Article

Cato Reports 8 Pct Fall In November Same-Store Sales
Thursday, 30 Nov 2017 07:00am EST 

Nov 30 (Reuters) - Cato Corp ::CATO REPORTS NOVEMBER SAME-STORE SALES DOWN 8%.NOVEMBER SALES FELL 9 PERCENT TO $62.2 MILLION.NOVEMBER SAME STORE SALES FELL 8 PERCENT.- "NOVEMBER SAME STORE SALES DECLINE IS CONSISTENT WITH OUR CURRENT TREND".- ‍"CONSEQUENTLY, WE CONTINUE TO EXPECT OUR FULL YEAR EARNINGS TO BE SIGNIFICANTLY BELOW LAST YEAR"​.  Full Article

Cato says Q3 earnings per share $0.11
Thursday, 16 Nov 2017 07:00am EST 

Nov 16 (Reuters) - Cato Corp -:Cato reports 3Q EPS of $0.11.Q3 earnings per share $0.11.Q3 sales fell 9 percent to $188.4 million.Q3 same store sales fell 9 percent.Cato Corp - has opened 6 new stores during 2017, down from original plan of 13 stores and expects to close 26 stores versus original plan of 19 stores​.Cato Corp - "‍continue to expect our full year earnings to be significantly below last year"​.  Full Article

Cato sues SEC over ‘gag rule’ barring defendants from protesting allegations after settlement

Adding to mounting conservative criticism of a Securities and Exchange Commission rule that prohibits people who settle with the commission from thereafter denying the government’s allegations, the libertarian Cato Institute sued the SEC Wednesday in federal court in Washington, D.C., alleging that the SEC’s "gag rule" is unconstitutional.