---
schema_version: "secwatch.filing_event.v1"
accession: "0001562762-23-000124"
form_type: "8-K"
ticker: "CATO"
cik: "0000018255"
company_name: "CATO CORP"
filed_at: "2023-03-20T23:59:59+00:00"
generated_at: "2026-06-17T23:09:54.336217+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Cato Q4 net loss improves to $0.14/share; full-year EPS $0.00 vs $1.65

## Summary
- Q4 net loss $3.0M ($0.14/share) vs loss $6.5M ($0.30) a year earlier.
- Full-year net income $0.0M ($0.00) vs $36.8M ($1.65) in 2021.
- Q4 sales $177.5M +2% YoY; same-store sales +3%; full-year sales $752.4M -1%.
- Gross margin fell to 31.3% in Q4 (36.9% prior) due to markdowns and supply chain costs.
- Store count 1,280; plans to open up to 30 and close up to 50 in 2023.

## SEC filing metadata
- accession: 0001562762-23-000124
- form_type: 8-K
- ticker: CATO
- cik: 0000018255
- company_name: CATO CORP
- filed_at: 2023-03-20T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/18255/000156276223000124/0001562762-23-000124-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/18255/000156276223000124/cato-20230316.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001562762-23-000124
- JSON: https://secwatch.observer/filing/0001562762-23-000124.json
- Plain text: https://secwatch.observer/filing/0001562762-23-000124.txt

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