---
schema_version: "secwatch.filing_event.v1"
accession: "0000018255-21-000025"
form_type: "8-K"
ticker: "CATO"
cik: "0000018255"
company_name: "CATO CORP"
filed_at: "2021-11-17T23:59:59+00:00"
generated_at: "2026-06-28T07:27:44.497919+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Cato posts Q3 net income of $8.6M ($0.39 EPS); sales up 14% YoY but down 10% from 2019

## Summary
- Net income of $8.6M ($0.39 diluted EPS) vs net loss of $3.6M ($0.15 loss) in Q3 2020.
- Sales of $170.5M, up 14% YoY; same-store sales +14% vs 2020 but -13% vs 2019.
- Gross margin expanded to 38.9% from 26.7%; SG&A rose to 36.6% of sales from 34.8%.
- Ended quarter with $200.1M in cash/short-term investments; 6 stores permanently closed YTD.
- CEO expects Q4 to be 'very challenging' due to supply chain disruption, inflation, and potential vaccine mandates.

## SEC filing metadata
- accession: 0000018255-21-000025
- form_type: 8-K
- ticker: CATO
- cik: 0000018255
- company_name: CATO CORP
- filed_at: 2021-11-17T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/18255/000001825521000025/0000018255-21-000025-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/18255/000001825521000025/cato8k3qtr2021.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000018255-21-000025
- JSON: https://secwatch.observer/filing/0000018255-21-000025.json
- Plain text: https://secwatch.observer/filing/0000018255-21-000025.txt

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