Cato: Fiscal Q2 Earnings Snapshot
By AP News
Published - Aug 22, 2024, 07:29 AM ET
Last Updated - Aug 22, 2024, 07:29 AM EDT
CHARLOTTE, N.C. (AP) — CHARLOTTE, N.C. (AP) — Cato Corp. (CATO) on Thursday reported fiscal second-quarter profit of $95,000.
On a per-share basis, the Charlotte, North Carolina-based company said it had net income of 1 cent.
The clothing retailer posted revenue of $168.6 million in the period.
Cato shares have declined 29% since the beginning of the year. The stock has declined 36% in the last 12 months.