Cato Corp. (CATO) Tops Q4 EPS by 6c

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Cato Reports 4Q and Full Year Earnings

March 19, 2015 7:00 AM EDT

CHARLOTTE, N.C., March 19, 2015 /PRNewswire/ -- The Cato Corporation (NYSE: CATO) today reported net income for the fourth quarter and year ended January 31, 2015.  For the fourth quarter, the Company reported net income of $9.2 million or $0.33 per diluted share, compared to net income of $3.8 million or $0.13 per diluted share for the fourth quarter ended February 1, 2014.  For the quarter, net income increased 139% and earnings per diluted share increased 154% from the prior year.  Full year fiscal 2014 net income was $60.5 million or $2.15 per diluted share compared to $54.3 million or $1.86 per diluted share for 2013.  For the... More