secwatch.observer — SEC 8-K summary
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Issuer:     CATO CORP (CATO)
CIK:        0000018255
Form:       8-K
Filed at:   2022-03-22T23:59:59+00:00
Accession:  0000018255-22-000005
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cato reports Q4 net loss narrows to $6.5M; full year net income $36.8M
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- Q4 net loss of $6.5M ($0.30/diluted share) vs loss of $8.3M ($0.37) in prior year.
- Q4 sales $173.6M, up 13% YoY; same-store sales +14% YoY but down 10% vs 2019.
- Full year net income $36.8M ($1.65/diluted) vs loss of $47.5M ($2.01) in 2020.
- Full year sales $761.4M, up 34% YoY; gross margin improved to 40.5% from 23.7%.
- Store count 1,311 at Jan 29, 2022 vs 1,330 a year earlier; plans up to 30 new stores in 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/18255/000001825522000005/0000018255-22-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/18255/000001825522000005/cato8k4qtr2021.htm
  HTML page:      https://secwatch.observer/filing/0000018255-22-000005

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