CATO News and Press, Cato Corporation Class A From 11/03/21

The shares of apparel company Digital Brands (DBGI) have been soaring in price thanks to several positive developments at the company. However, given that DBGI reported a disappointing bottom line in its fiscal second quarter, let's evaluate if it is wise to buy the stock at its current price...

The Cato Corporation Announces A 55% Increase In Quarterly Dividend PR Newswire CHARLOTTE, N.C. , Aug. 27, 2021 /PRNewswire/ -- The Board of Directors of The Cato Corporation (NYSE: CATO) declared a regular quarterly dividend of $0.17 per share.  Th...

The retail industry has experienced phenomenal growth in recent months, owing to a falling unemployment rate, rising consumer spending, and increased demand for discretionary goods. Furthermore, because the FDA’s full approval of Pfizer-BioNTech’s COVID-19 vaccine could accelera...

Cato Reports 2Q Net Income PR Newswire CHARLOTTE, N.C. , Aug. 19, 2021 /PRNewswire/ -- The Cato Corporation (NYSE: CATO) today reported net income of $14.0 million or $0.62 per diluted share for the second quarter ended July 31, 2021 , compared t...

As a traditional physical retailer with almost no online presence, CATO was hammered by COVID. However, thanks to a strong balance sheet and some fierce cost cuts, the company survived. With results set to inflect and several hidden assets, Mike Melby thinks CATO is a perfect valu...

Cato reports Q1 GAAP EPS of $0.92. Strong generation of cash flow leads firm to accelerate share buybacks. The dividend is easily affordable at present levels due to strong cash flow and no balance sheet debt. Considering the present valuation, we continue to believe that valu...

The share price of Cato has more than doubled since its 52-week low on the back of a strong recovery in the first quarter. According to my estimates an upside between 17%-53% (based on a share price of $16.36) could be still possible to arrive at fair value of the company. The maj...

Shares of Cato Corporation (NYSE: CATO) finished higher Thursday after the apparel retailer reported strong first-quarter results and reinstated its dividend. The stock closed up 10.9% on the news. Image source: Getty Images. Continue reading For further details ...

Cato  (CATO) declares $0.11/share quarterly dividend.Forward yield 2.88%Payable June 21; for shareholders of record June 7; ex-div June 4.See CATO Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: Cato reinstates dividend at $0.11

The Cato Corporation Announces Resumption Of Quarterly Dividend PR Newswire CHARLOTTE, N.C. , May 20, 2021 /PRNewswire/ -- The Board of Directors of The Cato Corporation (NYSE: CATO) declared a regular quarterly dividend of $0.11 per share.  The div...