---
schema_version: "secwatch.filing_event.v1"
accession: "0000018255-21-000018"
form_type: "8-K"
ticker: "CATO"
cik: "0000018255"
company_name: "CATO CORP"
filed_at: "2021-08-20T23:59:59+00:00"
generated_at: "2026-06-29T08:44:27.211032+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Cato Q2 net income $14M ($0.62 EPS) vs loss of $7.2M; sales +24% to $206M

## Summary
- Net income of $0.62 per diluted share compared to net loss of $0.30 per share a year ago.
- Sales $206M, up 24% from $166.3M in Q2 2020; same-store sales +23% vs 2020 but -5% vs 2019.
- Gross margin improved to 43.9% from 20.2% on higher merchandise margins.
- First-half net income $34.7M ($1.54 EPS) vs $35.6M loss; sales $417.2M, +57%.
- Cash and short-term investments $216.9M, up from $137M; 1,325 stores vs 1,333.

## SEC filing metadata
- accession: 0000018255-21-000018
- form_type: 8-K
- ticker: CATO
- cik: 0000018255
- company_name: CATO CORP
- filed_at: 2021-08-20T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/18255/000001825521000018/0000018255-21-000018-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/18255/000001825521000018/cato8k2qtr2021.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000018255-21-000018
- JSON: https://secwatch.observer/filing/0000018255-21-000018.json
- Plain text: https://secwatch.observer/filing/0000018255-21-000018.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.