---
schema_version: "secwatch.filing_event.v1"
accession: "0001562762-24-000275"
form_type: "8-K"
ticker: "CATO"
cik: "0000018255"
company_name: "CATO CORP"
filed_at: "2024-11-25T23:59:59+00:00"
generated_at: "2026-05-29T19:05:24.088597+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Cato Q3 net loss $15.1M (-$0.79 EPS); sales down 8%; suspends dividend

## Summary
- Q3 net loss $15.1M ($0.79 loss per share) vs $6.1M loss ($0.30) a year ago.
- Revenue $144.6M, down 8% YoY; same-store sales decreased 3%.
- Gross margin fell to 28.8% from 32.5% on markdowns and higher freight/distribution costs.
- Board suspends regular quarterly dividend due to economic conditions and sales trends.
- Store count 1,167 as of Nov 2, 2024, down from 1,245 a year earlier; opened 1, closed 13 YTD.

## SEC filing metadata
- accession: 0001562762-24-000275
- form_type: 8-K
- ticker: CATO
- cik: 0000018255
- company_name: CATO CORP
- filed_at: 2024-11-25T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/18255/000156276224000275/0001562762-24-000275-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/18255/000156276224000275/cato-20241121.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001562762-24-000275
- JSON: https://secwatch.observer/filing/0001562762-24-000275.json
- Plain text: https://secwatch.observer/filing/0001562762-24-000275.txt

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