Cato Corp. (CATO) Reports Q3 Loss of $0.31/sh
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Cato Reports 4Q And Full-Year Loss
March 18, 2021 7:00 AM EDTCHARLOTTE, N.C., March 18, 2021 /PRNewswire/ -- The Cato Corporation (NYSE: CATO) today reported losses for the fourth quarter and year ended January 30, 2021. For the fourth quarter, the Company reported a net loss of $6.9 million, or ($0.31) per diluted share, compared to a net loss of $3.2 million or ($0.13) per diluted share for the prior fourth quarter ended February 1, 2020. Full-year fiscal 2020 net loss was $46.1 million or ($1.96) per diluted share compared to income of $35.9 million or $1.46 earnings per diluted share for 2019.Â
Sales for fiscal fourth quarter ended January 30, 2021 were $153.2 million, a decrease of 19% from sales of $188.4 million for... More
