Highest-materiality recent filing
Cato Q2 net income falls to $1.1M from $6.8M; sales down 6%
Q2 diluted EPS $0.06 vs $0.35 last year; net income $1.1M vs $6.8M.
Cato Q1 net income $9.3M ($0.47 EPS) vs $3.3M last year; same-store sales +3%
Net income $9.3M ($0.47 diluted EPS) vs $3.3M ($0.17) prior-year Q1; revenue $169.5M (+0.7%).
Cato reports Q4 net loss of $10.7M; full-year loss narrows to $5.9M
Q4 net loss $10.7M ($0.55 per share) vs loss $14.1M year ago; sales $150.0M, down 3.4%
Cato Q4 net loss $10.7M, sales $150.0M; full-year loss narrows to $5.9M
Net loss of $10.7M ($0.55/diluted share) vs net loss of $14.1M ($0.74) in Q4 last year.
Cato narrows Q3 loss to $5.2M on 10% same-store sales growth
Net loss of $5.2M ($0.28 per share) vs $15.1M loss ($0.79) in prior year Q3.
Cato Q2 net income jumps to $6.8M from $0.1M; same-store sales up 9%
Diluted EPS $0.35 vs $0.01 a year ago; sales $174.7M (+5% YoY).
Cato Q1 net income drops 70% to $3.3M; sales down 4% on cautious spending
Net income of $3.3M ($0.17 diluted EPS) vs $11.0M ($0.54) in prior-year Q1.
Cato Q4 net loss $14.1M ($0.74 EPS); full-year loss $18.1M; sales down 10%
Q4 net loss $14.1M ($0.74 diluted EPS) vs loss $23.4M ($1.14) in prior year Q4.
Cato Corp enters $35M ABL credit facility with Wells Fargo, matures 2028
New $35M asset-based revolving facility replaces prior credit agreement; no outstanding balance at termination.
Cato Q3 net loss $15.1M (-$0.79 EPS); sales down 8%; suspends dividend
Q3 net loss $15.1M ($0.79 loss per share) vs $6.1M loss ($0.30) a year ago.
Cato Q2 net income $0.01 EPS vs $0.06; sales down 8% to $166.9M
Net income of $0.1M ($0.01 diluted EPS) vs $1.1M ($0.06) in prior year Q2.
Cato corrects director election error in 8-K/A; Cato and Patrick elected for 2027 term
Annual meeting May 23, 2024: shareholders elected John P.D. Cato and Bailey W. Patrick as directors for three-year term ending 2027.
Cato reports Q1 net income $11.0M ($0.54 EPS) vs $4.4M last year; sales down 8%
Diluted EPS of $0.54 vs $0.22 in Q1 2023; net income rose to $11.0M from $4.4M.
Cato reports Q4 net loss of $23.4M, full year loss $23.9M; sales down 7%
Q4 net loss of $23.4M ($1.14/diluted) vs net loss of $3.0M ($0.14/diluted) in prior year.
Cato reports Q3 net loss of $6.1M; sales down 10% YoY to $156.7M
Net loss of $6.1M ($0.30 per diluted share) vs net loss of $4.5M ($0.21) in prior-year Q3.
Cato Q2 net income $1.1M ($0.06 EPS) vs loss; sales down 7% to $181.2M
Net income of $1.1M ($0.06 diluted EPS) vs net loss of $2.3M ($0.11 loss) in Q2 2022.
Cato Q1 net income falls to $4.4M ($0.22) from $9.7M ($0.46); sales down 7%
Net income $4.4M ($0.22 per diluted share) vs $9.7M ($0.46) in Q1 2022.
Cato Q4 net loss improves to $0.14/share; full-year EPS $0.00 vs $1.65
Q4 net loss $3.0M ($0.14/share) vs loss $6.5M ($0.30) a year earlier.
Cato reports Q3 net loss of $4.5M, revenue up 3% but margins compress on markdowns
Net loss of $4.5M (-$0.21 diluted EPS) versus net income of $8.6M ($0.39) in Q3 2021.
Cato reports Q2 net loss of $2.3M ($0.11 EPS) as sales fall 5%
Net loss of $2.3M ($0.11 diluted loss) vs net income of $14.0M ($0.62 EPS) in Q2 last year.
Cato Q1 net income $9.7M ($0.46/diluted), down 53% YoY; sales $204.9M, -3%
Net income $9.7M ($0.46 diluted) vs $20.7M ($0.92) in Q1 2021; sales decreased 3% to $204.9M; same-store sales -2%.
Cato Chairman John Cato crosses 50% voting control after share repurchases
John P.D. Cato now beneficially owns 50.2% of total voting power of common stock as of Mar 29, 2022.
Cato reports Q4 net loss narrows to $6.5M; full year net income $36.8M
Q4 net loss of $6.5M ($0.30/diluted share) vs loss of $8.3M ($0.37) in prior year.
Cato Corp announces CFO retirement; Chuck Knight to succeed John Howe on Jan 17, 2022
John R. Howe retires as EVP/CFO after 35 years, effective Jan 17, 2022; will assist transition through May 1, 2022.
Cato posts Q3 net income of $8.6M ($0.39 EPS); sales up 14% YoY but down 10% from 2019
Net income of $8.6M ($0.39 diluted EPS) vs net loss of $3.6M ($0.15 loss) in Q3 2020.
Cato increases quarterly dividend 55% to $0.17 per share
Quarterly dividend raised to $0.17 from $0.11 (55% increase).
Cato Q2 net income $14M ($0.62 EPS) vs loss of $7.2M; sales +24% to $206M
Net income of $0.62 per diluted share compared to net loss of $0.30 per share a year ago.
Mr. John R. Howe, its Executive Vice President, Chief Financial Officer and the Company’s principal financial officer, will retire from these roles effective January 17, 2022
Mr. Knight’s appointment as Executive Vice President, Chief Financial Officer will be effective as of January 17, 2022.
Max materiality 0.85 · Median 0.65 · Most common event earnings