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Business|REPORT

Cato reports 2 percent rise in Q2 sales

The Cato Corporation reported that sales for the second quarter ended August 1, 2015 were 249.2 million dollars, up 2 percent from sales of 243.8 million dollars last year. Second quarter same-store sales were flat to last year. Net income for the quarter was 15.6 million dollars or 0.56 dollar per diluted share, compared to net income of 15.7...

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Business|REPORT Featured

16 percent rise in earnings at Cato, lowers outlook

The Cato Corporation reported net income for the fourth quarter of 9.2 million dollars or 0.33 dollars per diluted share, compared to net income of 3.8 million dollars or 0.13 dollars per diluted share for the fourth quarter, last year. For the quarter, net income increased 139 percent and earnings per diluted share increased 154 percent from...

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