{"schema_version":"secwatch.filing_event.v1","accession":"0001562762-23-000426","form_type":"8-K","ticker":"CATO","cik":"0000018255","company_name":"CATO CORP","filed_at":"2023-11-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.781418+00:00","generated_at":"2026-06-07T23:29:35.793039+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Cato reports Q3 net loss of $6.1M; sales down 10% YoY to $156.7M","bullets":["Net loss of $6.1M ($0.30 per diluted share) vs net loss of $4.5M ($0.21) in prior-year Q3.","Sales fell 10% to $156.7M; same-store sales decreased 8%.","Gross margin rate improved to 32.5% from 29.3% on higher merchandise margins.","Year-to-date net loss of $0.5M ($0.02 per share) vs net income of $3.0M ($0.14) last year.","Store count reduced to 1,245; closed 44 stores YTD vs 9 openings."],"urls":{"canonical":"https://secwatch.observer/filing/0001562762-23-000426","json":"https://secwatch.observer/filing/0001562762-23-000426.json","markdown":"https://secwatch.observer/filing/0001562762-23-000426.md","text":"https://secwatch.observer/filing/0001562762-23-000426.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/18255/000156276223000426/0001562762-23-000426-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/18255/000156276223000426/cato-20231117.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T23:29:35.793039+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"809575b50acc12ac26fe2a61ab84ebeb421a886d","claim":"CATO CORP reported third quarter ended October 28, 2023 results: revenue $156.7 million, net income net loss of $6.1 million, EPS ($0.30) per diluted share.","evidence_excerpt":"2023, compared to a net loss of $4.5 million or ($0.21) per diluted share for the third quarter ended October 29, 2022. Sales for the third quarter ended October 28, 2023 were $156.7 million, a decrease of 10% from sales of $174.9 million for the third quarter ended October 29, 2022. The Company’s same-store sales for the quarter decreased 8% compared to 2022. For","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/18255/000156276223000426/0001562762-23-000426-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter ended October 28, 2023"},{"label":"Revenue","value":"$156.7 million"},{"label":"Net income","value":"net loss of $6.1 million"},{"label":"EPS","value":"($0.30) per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}