Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 1.0
CATO CORP reported the full year of fiscal 2023 results: revenue $700.3 million, net income net loss of ($23.9) million, EPS ($1.17) per diluted share.
- Period
- the full year of fiscal 2023
- Revenue
- $700.3 million
- Net income
- net loss of ($23.9) million
- EPS
- ($1.17) per diluted share
- Result
- reported results
Exact text from the filing
2022, as the fiscal year ended February 3, 2024 contains 53 weeks versus 52 weeks in the fiscal year ended January 28, 2023. For the year, the Company's sales decreased 7% to $700.3 million from 2022 sales of $752.4 million. Same-store sales for the year decreased 6% compared to 2022. "Our fiscal 2023 sales trend was negatively impacted by pressure on our customers’
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Earnings Releases
SEC 8-K Item 2.02
confidence 1.0
CATO CORP reported the fourth quarter ended February 3, 2024 results: revenue $172.1 million, net income net loss of ($23.4) million, EPS ($1.14) per diluted share.
- Period
- the fourth quarter ended February 3, 2024
- Revenue
- $172.1 million
- Net income
- net loss of ($23.4) million
- EPS
- ($1.14) per diluted share
- Result
- reported results
Exact text from the filing
expense is primarily due to a non-cash valuation allowance recorded against U.S. federal and state deferred tax assets. Sales for the fourth quarter ended February 3, 2024 were $172.1 million, or a decrease of 3% from sales of $177.5 million for the fourth quarter ended January 28, 2023. The Company’s same-store sales for the quarter decreased 5% compared to the same
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