Cato Corporation (The) (CATO) News
Filter CATO News Items
CATO News Results
|Loading, please wait...|
CATO News Highlights
- CATO's 30 day story count now stands at 2.
- Over the past 1 days, the trend for CATO's stories per day has been choppy and unclear. It has oscillated between 1 and 1.
- HEAR are the most mentioned tickers in articles about CATO.
Latest CATO News From Around the Web
Below are the latest news stories about Cato Corp that investors may wish to consider to help them evaluate CATO as an investment opportunity.
The Cato Corporation (NYSE: CATO) today reported losses for the fourth quarter and year ended January 30, 2021. For the fourth quarter, the Company reported a net loss of $6.9 million, or ($0.31) per diluted share, compared to a net loss of $3.2 million or ($0.13) per diluted share for the prior fourth quarter ended February 1, 2020. Full-year fiscal 2020 net loss was $46.1 million or ($1.96) per diluted share compared to income of $35.9 million or $1.46 earnings per diluted share for 2019.
I expect that we may hear more about the dividend when the company reports Q4 results which should be very soon.
The criteria I utilize for my annual Tax Loss Selling Portfolio is not all-encompassing; for one thing, it requires forward price-earnings ratios of less than 15 for the next two years. Now, given the number of companies that don't have forward price-earnings ratios per se because no analysts cover them, there are certainly additional opportunities.
Would Shareholders Who Purchased Cato's (NYSE:CATO) Stock Five Years Be Happy With The Share price Today?
We're definitely into long term investing, but some companies are simply bad investments over any time frame. We don't...
The Cato Corporation (NYSE: CATO) today reported a net loss of $7.2 million or ($0.30) per diluted share for the second quarter ended August 1, 2020, compared to net income of $11.9 million or $0.48 per diluted share for the second quarter ended August 3, 2019. Sales for the second quarter were $166.3 million, or a decrease of 21% from sales of $210.4 million for the second quarter ended August 3, 2019. The Company's same-store sales for the quarter decreased 24% to the same period last year.
John Derham Cato became the CEO of The Cato Corporation (NYSE:CATO) in 1999, and we think it's a good time to look at...
The Cato Corporation (NYSE: CATO) held its Annual Shareholders' Meeting yesterday, reporting increases in net income and earnings per diluted share for 2019.
The Cato Corporation (NYSE: CATO) today reported net loss of $28.4 million or ($1.19) per diluted share for the first quarter ended May 2, 2020, compared to net income of $21.3 million or $.87 per diluted share for the first quarter ended May 4, 2019. Sales for the first quarter were $98.8 million, or a decrease of 57% from sales of $228.1 million for the first quarter ended May 4, 2019. The Company's same-store sales for the quarter decreased 56% to last year.
The Cato Corporation (NYSE: CATO) today announced it reopened a majority of its stores, consistent with local health and safety guidelines and regulations. Company management will assess the guidance and local government mandates on a location by location basis as it executes its plan to reopen stores.