---
schema_version: "secwatch.filing_event.v1"
accession: "0001562762-22-000468"
form_type: "8-K"
ticker: "CATO"
cik: "0000018255"
company_name: "CATO CORP"
filed_at: "2022-11-18T23:59:59+00:00"
generated_at: "2026-06-21T16:04:37.913380+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Cato reports Q3 net loss of $4.5M, revenue up 3% but margins compress on markdowns

## Summary
- Net loss of $4.5M (-$0.21 diluted EPS) versus net income of $8.6M ($0.39) in Q3 2021.
- Q3 revenue $174.9M, +3% YoY; same-store sales +3%.
- Gross margin fell to 29.3% from 38.9% due to increased markdowns and higher freight costs.
- Nine-month net income $3.0M ($0.14 EPS) vs $43.3M ($1.93) prior year.
- CEO cites inflation pressuring discretionary spend; says remainder of year challenging.

## SEC filing metadata
- accession: 0001562762-22-000468
- form_type: 8-K
- ticker: CATO
- cik: 0000018255
- company_name: CATO CORP
- filed_at: 2022-11-18T23:59:59+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/18255/000156276222000468/0001562762-22-000468-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/18255/000156276222000468/cato-20221029.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001562762-22-000468
- JSON: https://secwatch.observer/filing/0001562762-22-000468.json
- Plain text: https://secwatch.observer/filing/0001562762-22-000468.txt

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