Cato: Fiscal Q4 Earnings Snapshot

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CHARLOTTE, N.C. (AP) — CHARLOTTE, N.C. (AP) — Cato Corp. (CATO) on Thursday reported a loss of $23.4 million in its fiscal fourth quarter.

The Charlotte, North Carolina-based company said it had a loss of $1.14 per share.

The clothing retailer posted revenue of $174.9 million in the period.

For the year, the company reported a loss of $23.9 million, or $1.17 per share, swinging to a loss in the period. Revenue was reported as $708.1 million.

Cato shares have fallen 11% since the beginning of the year. The stock has fallen 27% 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

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