Cato: Fiscal Q4 Earnings Snapshot

In this article:

CHARLOTTE, N.C. (AP) — CHARLOTTE, N.C. (AP) — Cato Corp. (CATO) on Thursday reported a loss of $3 million in its fiscal fourth quarter.

On a per-share basis, the Charlotte, North Carolina-based company said it had a loss of 14 cents.

The clothing retailer posted revenue of $179 million in the period.

For the year, the company reported profit of $29,000. Revenue was reported as $759.3 million.

Cato shares have decreased 5% since the beginning of the year. The stock has declined 47% in the last 12 months.

_____

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

Advertisement