CATO News & Events

Reports Q2 revenue $174.7M vs. $166.9M last year. "Our sales trend continued to improve during the second quarter. We attribute this improvement in part due to 2024 sales being impacted by supply chain disruptions," stated CEO John Cato. "We will continue to tightly manage our expenses as we anticipate the back half of 2025 to be challenging due to the continued uncertainty regarding tariffs and the potential negative impact on our product acquisition costs."

Cato Corp. is up 9.8%, or 32c to $3.58.

Reports Q4 revenue $155.3M vs. $172.1M last year. "Our FY24 sales trend was negatively impacted by continued pressure on our customers' discretionary spending levels, and a difficult Q3 which included three hurricanes and supply chain interruptions," said CEO John Cato. "Our Q4 sales trend improved compared to our full year and third quarter sales trend. This was partly due to improvements in our supply chain and our Distribution Center efficiency as we worked through our DC automation conversion issues. During the year we continued to focus on controlling expenses and improving our merchandise offering."

Cato Corp. is down -27.3%, or -$1.35 to $3.61.