Cato: Fiscal Q3 Earnings Snapshot
By AP News
Published - Nov 21, 2024, 12:31 PM ET
Last Updated - Dec 16, 2024, 05:16 PM EST
CHARLOTTE, N.C. (AP) — CHARLOTTE, N.C. (AP) — Cato Corp. (CATO) on Thursday reported a loss of $15.1 million in its fiscal third quarter.
On a per-share basis, the Charlotte, North Carolina-based company said it had a loss of 79 cents.
The clothing retailer posted revenue of $146.2 million in the period.
Cato shares have declined 15% since the beginning of the year. The stock has declined 11% in the last 12 months.