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Cato: Fiscal Q2 Earnings Snapshot

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.

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