Cato Corp. (CATO) Reports Q3 EPS of $0.24

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Go back to Cato Corp. (CATO) Reports Q3 EPS of $0.24

Cato Reports 3Q EPS Of $0.24

November 21, 2019 7:00 AM EST

CHARLOTTE, N.C., Nov. 21, 2019 /PRNewswire/ -- The Cato Corporation (NYSE: CATO) today reported net income of $6.0 million for the third quarter ended November 2, 2019, compared to net income of $3.8 million for the third quarter ended November 3, 2018.  Earnings per diluted share for the third quarter were $0.24, compared to $0.16 last year.  Sales for the third quarter ended November 2, 2019 were $189.4 million, up 1% compared to sales of $187.9 million for the third quarter ended November 3, 2018.  Same-store sales for the quarter increased 4% to last year.

"We are pleased with our third quarter results, which continued our positive... More