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CHARLOTTE, N.C. , March 21, 2024 /PRNewswire/ -- The Cato Corporation (NYSE: CATO) today reported a net loss of ($23.4) million or ($1.14) per diluted share for the fourth quarter ended February 3, 2024, compared to a net loss of ($3.0) million or ($0.14) per diluted share for the fourth quarter ended January 28, 2023.
Cato Corporation is an American apparel retailer with a low EV and strong balance sheet, but poor operational results. The brand's value proposition seems outdated and not ideal for the current apparel retail landscape. Cato's operational efficiency is low, and there is a potential for large cash losses if revenues continue to decline.
CHARLOTTE, N.C. , March 1, 2024 /PRNewswire/ -- The Board of Directors of The Cato Corporation (NYSE: CATO) declared a regular quarterly dividend of $0.17 per share.
CHARLOTTE, N.C., Nov. 17, 2023 /PRNewswire/ -- The Board of Directors of The Cato Corporation (NYSE: CATO) declared a regular quarterly dividend of $0.17 per share.
CHARLOTTE, N.C. , Nov. 16, 2023 /PRNewswire/ -- The Cato Corporation (NYSE: CATO) today reported a net loss of $6.1 million or ($0.30) per diluted share for the third quarter ended October 28, 2023, compared to a net loss of $4.5 million or ($0.21) per diluted share for the third quarter ended October 29, 2022.
CHARLOTTE, N.C. , Aug. 25, 2023 /PRNewswire/ -- The Board of Directors of The Cato Corporation (NYSE: CATO) declared a regular quarterly dividend of $0.17 per share.
CHARLOTTE, N.C. , Aug. 17, 2023 /PRNewswire/ -- The Cato Corporation (NYSE: CATO) today reported net income of $1.1 million or $0.06 per diluted share for the second quarter ended July 29, 2023, compared to a net loss of $2.3 million or ($0.11) per diluted share for the second quarter ended July 30, 2022.
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