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Cato: Fiscal 1Q Earnings Snapshot

CHARLOTTE, N.C. (AP) _ Cato Corp. (CATO) on Thursday reported fiscal first-quarter net income of $21.3 million.

On a per-share basis, the Charlotte, North Carolina-based company said it had profit of 87 cents.

The clothing retailer posted revenue of $230.4 million in the period.

Cato shares have dropped slightly more than 7% since the beginning of the year. The stock has decreased 25% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CATO at https://www.zacks.com/ap/CATO