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

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

Cato Reports 4Q and Full Year Earnings

March 17, 2016 7:00 AM EDT

CHARLOTTE, N.C., March 17, 2016 /PRNewswire/ -- The Cato Corporation (NYSE: CATO) today reported net income for the fourth quarter and year ended January 30, 2016.  For the fourth quarter, the Company reported net income of $11.8 million or $0.42 per diluted share, compared to net income of $9.2 million or $0.33 per diluted share for the fourth quarter ended January 31, 2015.  For the quarter, net income increased 28% and earnings per diluted share increased 27% from the prior year.  Full year fiscal 2015 net income was $66.8 million or $2.39 per diluted share compared to $60.5 million or $2.15 per diluted share for 2014.  For the... More