The Cato Corporation (NYSE: CATO) today reported sales for the five weeks ended February 3, 2018 of $54.2 million, a 19% increase from sales of $45.5 million for the four week period ended January 28, 2017.
The Cato Corporation (NYSE: CATO) today reported sales for the five weeks ended December 30, 2017 of $94.7 million, a 9% decrease from sales of $104.4 million for the five week period ended December 31, 2016.
CATO's Q4 was unsurprisingly rough, given a collapse in same-store sales over the past few months. FY17 guidance is stronger than I expected - but I'm still not sure how Cato is cutting SG&A on an absolute basis and paying abnormally low taxes.
The Charlotte Observer reports (http://bit.ly/2qBFkBq ) a Needmor Fund representative is expected to read a statement at Cato Corporation's annual meeting of shareholders Friday saying that the board's composition doesn't reflect commitment to racial ...
Charlotte-based Cato Corporation is facing criticism from a shareholder that has unsuccessfully pushed for the fashion retailer to explicitly ban employment discrimination against lesbian, gay, bisexual and transgender employees.