CATO News and Press, Cato Corporation Class A From 01/23/23

Summary Cato's share price has declined by ~77% from all-time highs reached in 2015. The company has not yet managed to break the negative sales trend. Profit margins are (temporarily) depressed. However, the long-term outlook paints a very different picture. This represents...

Summary The Cato Corporation has faced some pressure over the past several quarters, with profits and cash flows pushed lower. This may turn some investors off of the firm, but shares of the business are still affordably priced. Add on top of this the firm's balance sheet situation,...

Allegro Microsystems and CubeSmart Set to Join S&P MidCap 400; Others to Join S&P SmallCap 600 Allegro Microsystems and CubeSmart Set to Join S&P MidCap 400; Others to Join S&P SmallCap 600 PR Newswire NEW YORK , Dec. 2, 2022 /PRNewswire/ -- ...

CATO REPORTS 3Q RESULTS PR Newswire CHARLOTTE, N.C. , Nov. 17, 2022 /PRNewswire/ -- The Cato Corporation (NYSE: CATO) today reported a net loss of $4.5 million or ($0.21) per diluted share for the third quarter ended October 29, 2022 , compare...

Summary The Cato Corporation has faced some deterioration in its operations as of late, but this doesn't make the company a bad prospect. Shares are cheap on an absolute basis, meaning that some upside potential could be on the table. Add in the very low risk of the firm thank...

Cato press release ( NYSE: CATO ): Q2 GAAP EPS of -$0.11. Revenue of $196.84M (-5.3% Y/Y). Shares -3% PM For further details see: Cato  GAAP EPS of -$0.11, revenue of $196.84M

CATO REPORTS 2Q RESULTS PR Newswire CHARLOTTE, N.C. , Aug. 18, 2022 /PRNewswire/ -- The Cato Corporation (NYSE: CATO) today reported a net loss of $2.3 million or ($0.11) per diluted share for the second quarter ended July 30, 2022 , compared ...

The Cato Corporation has had a mixed operating history in recent years, with a general decline in store count affecting the firm. Even so, shares are very cheap at this point in time, and some upside could be had. But only investors who are comfortable with elevated risk should co...

Based on several recent reports, it appears the Fed may be achieving its goal of demand destruction. What’s more, even though inflation is still elevated, it appears to be moderating based on the latest data. On top of this, the market has been massacred over the last few m...

The crushing week in retail saw mall stocks like Ross Stores (ROST) -22%, Boot Barn (BOOT) -18%, Shoe Carnival (SCVL), Abercrombie & Fitch (ANF) -14%, Chico's FAS(CHS) -13%, Burlington Stores (BURL) -13%, Cato Corporation (CATO) -12% and Urban Outfitters (URB...