{"schema_version":"secwatch.filing_event.v1","accession":"0001562762-25-000144","form_type":"8-K","ticker":"CATO","cik":"0000018255","company_name":"CATO CORP","filed_at":"2025-05-27T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.960359+00:00","generated_at":"2026-05-20T11:19:31.167770+00:00","sec_items":["2.02","5.07","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Cato Q1 net income drops 70% to $3.3M; sales down 4% on cautious spending","bullets":["Net income of $3.3M ($0.17 diluted EPS) vs $11.0M ($0.54) in prior-year Q1.","Sales of $168.4M, down 4% YoY; same-store sales flat.","Gross margin fell to 35.1% from 35.8% due to higher markdowns.","Company bought back 294k shares during quarter; closed 8 stores, now 1,109 stores.","Management cites cautious consumer spending and tariff uncertainty for cautious outlook."],"urls":{"canonical":"https://secwatch.observer/filing/0001562762-25-000144","json":"https://secwatch.observer/filing/0001562762-25-000144.json","markdown":"https://secwatch.observer/filing/0001562762-25-000144.md","text":"https://secwatch.observer/filing/0001562762-25-000144.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/18255/000156276225000144/0001562762-25-000144-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/18255/000156276225000144/cato-20250527.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-20T11:19:31.167770+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}