CATO - The Cato Corporation

NYSE - NYSE Delayed Price. Currency in USD
13.91
+0.18 (+1.31%)
At close: 4:02PM EDT

13.91 0.00 (0.00%)
After hours: 4:35PM EDT

Stock chart is not supported by your current browser
Previous Close13.73
Open13.74
Bid12.79 x 1000
Ask13.92 x 900
Day's Range13.61 - 13.98
52 Week Range12.65 - 26.88
Volume238,862
Avg. Volume257,425
Market Cap331.415M
Beta (3Y Monthly)0.13
PE Ratio (TTM)19.03
EPS (TTM)0.73
Earnings DateMar 21, 2019
Forward Dividend & Yield1.32 (9.61%)
Ex-Dividend Date2019-03-08
1y Target Est23.00
Trade prices are not sourced from all markets
  • With A 5.6% Return On Equity, Is The Cato Corporation (NYSE:CATO) A Quality Stock?
    Simply Wall St.yesterday

    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.com9 days 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.com13 days 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.

  • MarketWatch13 days 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 Newswire13 days 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.

  • Ross will open new Triad store
    American City Business Journals14 days 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 Newswire19 days 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 Newswirelast month

    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.

  • Should You Worry About The Cato Corporation’s (NYSE:CATO) CEO Salary Level?
    Simply Wall St.2 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...

  • Benzinga2 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 Newswire2 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.

  • The Cato Corporation (CATO): Hedge Funds Are Snapping Up
    Insider Monkey3 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 […]

  • York County officials all quiet on possible Panthers complex
    American City Business Journals3 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 Press3 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 Newswire3 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.

  • PR Newswire4 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.

  • Associated Press4 months ago

    Cato: Fiscal 3Q Earnings Snapshot

    The Charlotte, North Carolina-based company said it had profit of 16 cents per share. The clothing retailer posted revenue of $190 million in the period. Cato shares have increased 4.5 percent since the ...

  • PR Newswire4 months ago

    Cato Reports 3Q EPS Of $0.16

    CHARLOTTE, N.C. , Nov. 20, 2018 /PRNewswire/ -- The Cato Corporation (NYSE: CATO) today reported net income of $3.8 million for the third quarter ended November 3, 2018 , compared to net income of $2.7 ...

  • Is The Cato Corporation’s (NYSE:CATO) Balance Sheet A Threat To Its Future?
    Simply Wall St.4 months ago

    Is The Cato Corporation’s (NYSE:CATO) Balance Sheet A Threat To Its Future?

    The Cato Corporation (NYSE:CATO), which has zero-debt on its balance sheet, can maximize capital returns by increasing debt due to its lower cost of capital. However, the trade-off is CATO Read More...

  • PR Newswire4 months ago

    Cato Reports October Same-Store Sales Down 1%

    CHARLOTTE, N.C. , Nov. 8, 2018 /PRNewswire/ -- The Cato Corporation (NYSE: CATO) today reported sales for the four weeks ended November 3, 2018 of $62.1 million , flat compared to sales of $62.3 million ...

  • Triad 'shadow' shopping center sells for $6.2 million
    American City Business Journals4 months ago

    Triad 'shadow' shopping center sells for $6.2 million

    A small Triad shopping center in the shadow of the nation's largest retailer has sold for $6.15 million. Rivercrest Realty Advisors of Raleigh, which owns approximately 50 shopping centers near Walmart (NYSE: WMT) stores, purchased Garrett Crossing shopping center in Mebane from Camden Mebane Associates, an LLC managed by Philip Turner of Leconte Equities Group in Knoxville, Tennessee.

  • PR Newswire5 months ago

    Cato Reports September Same-Store Sales Down 1%

    CHARLOTTE, N.C., Oct. 11, 2018 /PRNewswire/ -- The Cato Corporation (CATO) today reported sales for the five weeks ended October 6, 2018 of $69.4 million, down 1% compared to sales of $69.8 million for the five week period ended September 30, 2017. Same-store sales in September were down 1% compared to the five weeks ended October 7, 2017. September 2018 same-store sales are compared to the five week period ended October 7, 2017 due to the 53rd week in fiscal 2017. Sales for the thirty-five weeks ended October 6, 2018 were $568.7 million, flat compared to sales of $568.7 million for the thirty-five weeks ended September 30, 2017. The Company's year-to-date same-store sales increased 1%.