During 2024, the Company plans to open up to 15 new stores and close up to 75 underperforming stores as leases expire.
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10-Q - CATO CORP (0000018255) (Filer)
8-K - CATO CORP (0000018255) (Filer)
S-8 - CATO CORP (0000018255) (Filer)
SC 13G/A - CATO CORP (0000018255) (Subject)
SC 13G/A - CATO CORP (0000018255) (Subject)
SC 13G/A - CATO CORP (0000018255) (Subject)
CHARLOTTE, N.C., Nov. 22, 2024 /PRNewswire/ -- In light of the current economic conditions and current sales trends the Board of Directors of The Cato Corporation (NYSE:CATO) suspended the regular quarterly dividend. Statements in this press release that express a belief, expectation or intention, as well as those that are not a historical fact, including, without limitation, statements regarding the Company's expected or estimated operational financial results, activities or opportunities, and potential impacts and effects of interest rates, inflation or other factors that may affect our customers' discretionary spending or our costs are considered "forward-looking" within the meaning of T
CHARLOTTE, N.C., Aug. 30, 2024 /PRNewswire/ -- The Board of Directors of The Cato Corporation (NYSE:CATO) declared a regular quarterly dividend of $0.17 per share. The dividend will be payable on September 30, 2024 to shareholders of record on September 16, 2024. The $0.17 dividend, or $0.68 on an annualized basis, represents an annualized yield of 14.0% at the closing market price on August 29, 2024. The Cato Corporation is a leading specialty retailer of value-priced fashion apparel and accessories operating three concepts, "Cato," "Versona" and "It's Fashion." The Company's Cato stores offer exclusive merchandise with fashion and quality comparable to mall specialty stores at low prices
CHARLOTTE, N.C., May 24, 2024 /PRNewswire/ -- The Board of Directors of The Cato Corporation (NYSE:CATO) declared a regular quarterly dividend of $0.17 per share. The dividend will be payable on June 24, 2024 to shareholders of record on June 10, 2024. The $0.17 dividend, or $0.68 on an annualized basis, represents an annualized yield of 11.7% at the closing market price on May 23, 2024. The Cato Corporation is a leading specialty retailer of value-priced fashion apparel and accessories operating three concepts, "Cato," "Versona" and "It's Fashion." The Company's Cato stores offer exclusive merchandise with fashion and quality comparable to mall specialty stores at low prices every day.
4 - CATO CORP (0000018255) (Issuer)
4 - CATO CORP (0000018255) (Issuer)
4 - CATO CORP (0000018255) (Issuer)
CHARLOTTE, N.C., Aug. 21, 2025 /PRNewswire/ -- The Cato Corporation (NYSE:CATO) today reported net income of $6.8 million or $0.35 per diluted share for the second quarter ended August 2, 2025, compared to net income of $0.1 million or $0.01 per diluted share for the second quarter ended August 3, 2024. Sales for the second quarter ended August 2, 2025 were $174.7 million, or an increase of 5% from sales of $166.9 million for the second quarter ended August 3, 2024 primarily due to a 9% same-store sales increase for the quarter compared to 2024. For the six months ended August 2, 2025, the Company reported net income of $10.1 million or $0.51 per diluted share, compared to net income of $1
CHARLOTTE, N.C., May 22, 2025 /PRNewswire/ -- The Cato Corporation (NYSE:CATO) today reported net income of $3.3 million or $0.17 per diluted share for the first quarter ended May 3, 2025, compared to net income of $11.0 million or $0.54 per diluted share for the first quarter ended May 4, 2024. Sales for the first quarter ended May 3, 2025 were $168.4 million, or a decrease of 4% from sales of $175.3 million for the first quarter ended May 4, 2024. The Company's same-store sales for the quarter were flat. "Our results reflect our customers' cautious approach to discretionary spending," said John Cato, Chairman, President and Chief Executive Officer. "While our sales trend improved later i
CHARLOTTE, N.C., March 20, 2025 /PRNewswire/ -- The Cato Corporation (NYSE:CATO) today reported a net loss of ($14.1) million or ($0.74) per diluted share for the fourth quarter ended February 1, 2025, compared to a net loss of ($23.4) million or ($1.14) per diluted share for the fourth quarter ended February 3, 2024. Full-year fiscal 2024 net loss was ($18.1) million or ($0.97) per diluted share compared to a net loss of ($23.9) million or ($1.17) per diluted share for 2023. The fiscal year and fourth quarter ended February 1, 2025 contains 52 weeks and 13 weeks, respectively versus 53 weeks and 14 weeks in the fiscal year and fourth quarter ended February 3, 2024, respectively. Sales fo