---
schema_version: "secwatch.filing_event.v1"
accession: "0001562762-22-000370"
form_type: "8-K"
ticker: "CATO"
cik: "0000018255"
company_name: "CATO CORP"
filed_at: "2022-08-22T23:59:59+00:00"
generated_at: "2026-06-23T22:19:51.845094+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Cato reports Q2 net loss of $2.3M ($0.11 EPS) as sales fall 5%

## Summary
- Net loss of $2.3M ($0.11 diluted loss) vs net income of $14.0M ($0.62 EPS) in Q2 last year.
- Sales of $195.0M, down 5% YoY; same-store sales also decreased 5%.
- Gross margin compressed to 32.4% from 43.9% due to lower merchandise margins and higher freight.
- CEO cites inflation pressure on discretionary spending; expects challenging back half.
- Store count at 1,312; opened 4, closed 7 stores during the quarter.

## SEC filing metadata
- accession: 0001562762-22-000370
- form_type: 8-K
- ticker: CATO
- cik: 0000018255
- company_name: CATO CORP
- filed_at: 2022-08-22T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/18255/000156276222000370/0001562762-22-000370-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/18255/000156276222000370/cato-20220818.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001562762-22-000370
- JSON: https://secwatch.observer/filing/0001562762-22-000370.json
- Plain text: https://secwatch.observer/filing/0001562762-22-000370.txt

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