Cato Corp. (CATO) Tops Q4 EPS by 8c; Issues Light EPS Guidance

Cato Corp. (NYSE: CATO) reported Q4 EPS of $0.42, $0.08 better than the analyst estimate of $0.34. Revenue for the quarter came in at $247.3 million versus the consensus estimate of $249.6 million.

For the quarter same-store sales increased 1% from last year. For the year, the Company's sales increased 2% to $1,001.4 million from 2014 sales of $977.9 million. Same-store sales for the year 2015 were flat to 2014.

GUIDANCE:

Cato Corp. sees FY2016 EPS of $1.12-$1.16, versus the consensus of $1.24.

Cato Corp. sees FY2016 EPS of $2.07-$2.24, versus the consensus of $2.31.

For earnings history and earnings-related data on Cato Corp. (CATO) click here.

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