Cato Corp. (CATO) Tops Q4 EPS by 8c; Issues Light EPS Guidance
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Cato Reports 4Q and Full Year Earnings
March 17, 2016 7:00 AM EDTCHARLOTTE, 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
