earnings
confidence high
sentiment positive
materiality 0.65
Cato Q1 net income $9.3M ($0.47 EPS) vs $3.3M last year; same-store sales +3%
CATO CORP
- Net income $9.3M ($0.47 diluted EPS) vs $3.3M ($0.17) prior-year Q1; revenue $169.5M (+0.7%).
- Same-store sales up 3%; gross margin 37.2% (35.1%) boosted by $5.7M pre-tax IEEPA tariff refund claim.
- Company repurchased 107,823 shares during the quarter; store count 1,065 (down 44 YoY).
- Shareholders re-elected three directors, approved executive compensation, and ratified PwC as auditor.