CATO News and Press, Cato Corporation Class A From 03/31/20

Women's fashion retailer The Cato Corporation (NYSE: CATO) is keeping all its stores closed through at least April 16 due to the COVID-19 pandemic. The company operates 1,300 stores across the U.S. that are currently closed, but it had hoped to reopen by April 1. However, as the spread of th...

Cato (NYSE: CATO ) to extend its temporary store closure two weeks, through April 16. More news on: The Cato Corporation, Consumer stocks news, Read more ...

CHARLOTTE, N.C. , March 30, 2020 /PRNewswire/ -- The Cato Corporation (NYSE: CATO) today announced it will extend its temporary store closure two weeks, through April 16. Given the uncertainty of COVID-19 and subsequent government actions, the Company will continue to asses...

CHARLOTTE, N.C. , March 19, 2020 /PRNewswire/ -- The Cato Corporation (NYSE: CATO) today reported earnings for the fourth quarter and year ended February 1, 2020.  For the fourth quarter, the Company reported a net loss of $3.2 million, or a loss of $0.13 ...

Cato (NYSE: CATO ) temporarily closes its retail locations effective 6:00 PM  today. More news on: The Cato Corporation, Consumer stocks news, Read more ...

CHARLOTTE, N.C. , March 18, 2020 /PRNewswire/ -- The Cato Corporation (NYSE: CATO) today announced the temporary closing of its retail locations.  Effective 6:00pm today, March 18 , all Cato, It's Fashion, It's Fashion Metro and Versona stores will close from March 19, ...

Investors are selling off retail stocks on a lack of confidence in near-term consumer spending and a more pessimistic view of the economy for the balance of the year. More news on: Tailored Brands, Inc., Nordstrom, Inc., Designer Brands Inc., Consumer stocks news, Stocks on the move Rea...

CHARLOTTE, N.C. , Feb. 6, 2020 /PRNewswire/ -- The Cato Corporation (NYSE: CATO) today reported sales for the four weeks ended February 1, 2020 of $44.2 million , down 1% compared to sales of $44.5 million for the four week period ended February 2 , 2019.  Same-store sales...

We wrote about Cato Corporation (CATO) back in October and stated that we believed shares may undergo short-term weakness before presenting another long-term buying opportunity. Since we penned that piece, the share price has dropped almost 10%. We still maintain that the most likely scenari...

Cato (NYSE: CATO )  reports  same-store sales flat in December. More news on: The Cato Corporation, Consumer stocks news, Stocks on the move, Read more ...