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Cato reports 4Q loss

CHARLOTTE, N.C. (AP) _ Cato Corp. (CATO) on Thursday reported a loss of $15.5 million in its fiscal fourth quarter.

On a per-share basis, the Charlotte, North Carolina-based company said it had a loss of 62 cents. Losses, adjusted for pretax expenses, came to 14 cents per share.

The clothing retailer posted revenue of $213 million in the period.

For the year, the company reported profit of $8.5 million, or 34 cents per share. Revenue was reported as $850 million.

Cato shares have dropped 17 percent since the beginning of the year. The stock has declined 38 percent 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