CATO - The Cato Corporation
| Previous Close | 13.53 |
| Open | 13.55 |
| Bid | 13.24 x 3100 |
| Ask | 13.63 x 800 |
| Day's Range | 13.48 - 13.94 |
| 52 Week Range | 13.04 - 26.88 |
| Volume | 200,060 |
| Avg. Volume | 233,859 |
| Market Cap | 322.76M |
| Beta (3Y Monthly) | 0.01 |
| PE Ratio (TTM) | 11.07 |
| EPS (TTM) | 1.23 |
| Earnings Date | May 22, 2019 - May 28, 2019 |
| Forward Dividend & Yield | 1.32 (8.71%) |
| Ex-Dividend Date | 2019-03-08 |
| 1y Target Est | 23.00 |
- PR Newswire•13 days ago
Cato Reports April Same-Store Sales Up 16%
April sales were impacted by the shift of Easter from March last year to April this year. Because of this shift, the best measure for sales performance is the combined sales for the two months, which was flat overall but increased 3% to the prior year on a same-store basis for the nine weeks ended May 4, 2019. "Although we are pleased with our Easter performance, we remain cautious" stated John Cato, Chairman, President, and Chief Executive Officer. The Company will release first quarter results on Thursday, May 23, 2019.
- Simply Wall St.•28 days ago
Here’s why The Cato Corporation’s (NYSE:CATO) Returns On Capital Matters So Much
Today we'll look at The Cato Corporation (NYSE:CATO) and reflect on its potential as an investment. Specifically, we'll consider its Return On Capital Employed (ROCE), since that will give us an insight into how efficiently the business...
- PR Newswire•last month
Cato Reports March Same-Store Sales Down 7%
Sales for the nine weeks ended April 6, 2019 were $146.5 million, a 11% decrease from sales of $164.2 million for the nine weeks ended April 7, 2018. The Company's year-to-date same-store sales were down 8% to the prior year. "March sales were negatively impacted by the shift of Easter from March last year to April this year," said John Cato, Chairman, President, and Chief Executive Officer. During the month of March, the Company closed two stores.
- American City Business Journals•2 months ago
What Rock Hill mayor says a Panthers HQ move would mean to the city
Rock Hill Mayor John Gettys believes that a 250-acre site along Interstate 77 in eastern Rock Hill has a good chance of being selected for the Panthers headquarters.
- GuruFocus.com•2 months ago
Cato Corp (CATO) Files 10-K for the Fiscal Year Ended on January 31, 2019
Cato Corp is a fashion specialty retailer. The Company operates women's fashion specialty retail stores in the southeastern United States under two segment: the operation of a fashion specialty stores segment and a credit card segment. The dividend yield of Cato Corp stocks is 8.79%.
- Associated Press•2 months ago
Cato: Fiscal 4Q Earnings Snapshot
On a per-share basis, the Charlotte, North Carolina-based company said it had a loss of 13 cents. The clothing retailer posted revenue of $192.4 million in the period. For the year, the company reported ...
- PR Newswire•2 months ago
Cato Reports 4Q And Full-Year Earnings
CHARLOTTE, N.C. , March 21, 2019 /PRNewswire/ -- The Cato Corporation (NYSE: CATO) today reported earnings for the fourth quarter and year ended February 2, 2019. For the fourth quarter, the Company reported ...
- Simply Wall St.•2 months ago
With A 5.6% Return On Equity, Is The Cato Corporation (NYSE:CATO) A Quality Stock?
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is for those who would like to learn about Return OnRead More...
- TheStreet.com•2 months ago
Cato Stumbles Again, but I'm Not Jumping In Just Yet This Time
It may be déjà vu all over again for fashion retailer Cato Corp. , which plunged in 2017 as same-store sales fell off a cliff and many in the specialty retail sector suffered. Between February and May, shares rose 150% to the $26.50 range and Cato continued paying its sizable 33-cent quarterly dividend.
- TheStreet.com•2 months ago
Shoppers Turn Away From Cato Corp. as Sales Slump
The "Cato," "Versona," and "It's Fashion" discount womens' retail chain operator on Thursday reported sales for the four weeks ended March 2, of $59.1 million, a 12% drop from sales of $67.2 million for the comparable four-week period a year earlier. "February same-store sales were well below our expectations," CEO John Cato said in a statement. As of March 2, Cato operated 1,308 stores in 31 states, compared to 1,351 stores in 33 states as of March 3, 2018.
- MarketWatch•2 months ago
Cato's February same-store sales fall 'well below' expectations
Cato Corp. reported Thursday a February same-stores decline of 10% from a year ago, while net sales declined 12% to $59.1 million. The discount apparel and accessories retailer's stock was still inactive in premarket trade. "February same-store sales were well below our expectations," Chief Executive John Cata said in a statement. The company said it closed 3 stores during the month. Over the past year, stores operated declined to 1,308 in 31 states from 1,351 stores in 33 states. Cato's stock has rallied 20.5% over the past 12 months, while the SPDR S&P Retail ETF has slipped 0.6% and the S&P 500 has tacked on 1.6%.
- PR Newswire•2 months ago
Cato Reports February Same-Store Sales Down 10%
During the month of February, the Company closed three stores. As of March 2, 2019, the Company operated 1,308 stores in 31 states, compared to 1,351 stores in 33 states as of March 3, 2018. 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. The Company also offers exclusive merchandise found in its Cato stores at www.catofashions.com. Versona is a unique fashion destination offering apparel and accessories including jewelry, handbags and shoes at exceptional prices every day. Select Versona merchandise can also be found at www.shopversona.com. It's Fashion offers fashion with a focus on the latest trendy styles for the entire family at low prices every day.
- American City Business Journals•3 months ago
Ross will open new Triad store
Ross Dress For Less is opening a new store in the Triad. Allison Wiggs of Rivercrest Realty Investors of Raleigh confirmed that Ross would fill an approximately 25,000-square-foot space previously occupied by Staples, which left in November. Employees at Ross' existing Winston-Salem store on Hanes Mall Boulevard told Triad Business Journal the new store was expected to open in June.
- PR Newswire•3 months ago
The Cato Corporation Announces Regular Quarterly Dividend
CHARLOTTE, N.C. , March 1, 2019 /PRNewswire/ -- The Board of Directors of The Cato Corporation (NYSE: CATO) declared a regular quarterly dividend of $0.33 per share. The dividend will be payable on March ...
- PR Newswire•3 months ago
Cato Reports January Same-Store Sales Up 2%
CHARLOTTE, N.C, Feb. 7, 2019 /PRNewswire/ -- The Cato Corporation (CATO) today reported sales for the four weeks ended February 2, 2019 of $44.5 million, a 18% decrease from sales of $54.2 million for the five week period ended February 3, 2018. Sales for fiscal fourth quarter ended February 2, 2019 were $190.4 million, a decrease of 10% over sales of $211.1 million for the fourth quarter ended February 3, 2018. For the year, the Company's sales decreased 3% to $821.2 million from 2017 sales of $842.1 million.
- Simply Wall St.•4 months ago
Should You Worry About The Cato Corporation’s (NYSE:CATO) CEO Salary Level?
In 1999 John Derham Cato was appointed CEO of The Cato Corporation (NYSE:CATO). This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. Next, Read More...
- Benzinga•4 months ago
Retail Stocks Slip Amid Mixed December Sales, Q4 Outlook
Fourth-quarter updates are painting a mixed picture of the holiday shopping season for retailers. Target On Track For Strongest Comps In 13 Years Target Corporation (NYSE: TGT ) reported comp growth of ...
- PR Newswire•4 months ago
Cato Reports December Same-Store Sales Flat
CHARLOTTE, N.C., Jan. 10, 2019 /PRNewswire/ -- The Cato Corporation (CATO) today reported sales for the five weeks ended January 5, 2019 of $86.5 million, down 9% compared to sales of $94.7 million for the five week period ended December 30, 2017. Same-store sales for December were flat compared to the five weeks ended January 6, 2018. December same-store sales are compared to the five week period ended January 6, 2018 rather than the five week period ended December 30, 2017 due to the 53rd week in fiscal 2017. Sales for the eleven months ended January 5, 2019 were $776.7 million, down 1% compared to sales of $787.9 million for the eleven months ended December 30, 2017. The Company's year-to-date same-store sales were flat. "December same store sales were slightly below our expectations," stated John Cato, Chairman, President, and Chief Executive Officer.
- Insider Monkey•5 months ago
The Cato Corporation (CATO): Hedge Funds Are Snapping Up
Hedge funds and large money managers usually invest with a focus on the long-term horizon and, therefore, short-lived dips on the charts, usually don’t make them change their opinion towards a company. This time it may be different. During the first 6 weeks of the fourth quarter we observed increased volatility and small-cap stocks underperformed […]
- American City Business Journals•5 months ago
York County officials all quiet on possible Panthers complex
The unconfirmed reports are mounting that the Panthers are targeting various tracts near Fort Mill for a substantial development to include commercial uses beyond football.
- Associated Press•5 months ago
Retail chain Cato to settle federal discrimination probe
Federal officials say a nationwide investigation found that a North Carolina women's clothing retail chain discriminated against pregnant workers and workers with disabilities. The Charlotte Observer reports The Cato Corporation has agreed to pay $3.5 million to settle the U.S. Equal Employment Opportunity Commission's investigation. The agency announced Monday that the Charlotte-based company denied reasonable accommodations for those workers and made some workers take unpaid leave or terminated them because of their disabilities.
- PR Newswire•5 months ago
Cato Reports November Same-Store Sales Down 6%
CHARLOTTE, N.C., Dec. 6, 2018 /PRNewswire/ -- The Cato Corporation (CATO) today reported sales for the four weeks ended December 1, 2018 of $59.4 million, down 4% compared to sales of $62.2 million for the four week period ended November 25, 2017. Same-store sales for the month decreased 6% compared to the four weeks ended December 2, 2017. November 2018 same-store sales are compared to the four week period ended December 2, 2017 due to the 53rd week in fiscal 2017. Sales for the ten months ended December 1, 2018 were $690.2 million, flat compared to sales of $693.2 million for the ten months ended November 25, 2017. The Company's year-to-date same-store sales are flat. During the month of November, the Company closed one store in Houston, TX. As of December 1, 2018, the Company operated 1,349 stores in 33 states, compared to 1,370 stores in 33 states as of November 25, 2017.
- GlobeNewswire•6 months ago
Factors of Influence in 2018, Key Indicators and Opportunity within Antares Pharma, Encana, PPG Industries, Cato, Cimarex Energy, and Ormat Technologies — New Research Emphasizes Economic Growth
NEW YORK, Dec. 03, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
- PR Newswire•6 months ago
The Cato Corporation Increases Share Repurchase Authorization
CHARLOTTE, N.C., Nov. 21, 2018 /PRNewswire/ -- The Cato Corporation (CATO) announced that its Board of Directors has authorized an increase in the Company's share repurchase program of 2 million shares. Prior to this authorization, the Company had approximately 19,000 shares remaining in open authorizations. Purchases under the share repurchase program will be made from time to time on the open market or in privately negotiated transactions and will be subject to market conditions and applicable SEC rules. 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. The Company also offers exclusive merchandise found in its Cato stores at www.catofashions.com. Versona is a unique fashion destination offering apparel and accessories including jewelry, handbags and shoes at exceptional prices every day. Select Versona merchandise can also be found at www.shopversona.com. It's Fashion offers fashion with a focus on the latest trendy styles for the entire family at low prices every day. Additional information on The Cato Corporation is available at www.catocorp.com.
