Cato Fashion news and archive

Cato Fashions reports flat revenue growth in Q3

American women's wear maker Cato Fashions said on Tuesday its Q3 revenue for 2018 remained flat but same-store sales increased 1 percent. The company’s sales in Q3 2018 were 187.9 million US dollars compared to 188.4 million US dollars a year earlier. Net income rose to 3.8 million US dollars. The profit margin of the company rose to 2 percent...

Business

Cato reports Q2 net income of 6.5 million dollars

American women's wear maker Cato Fashions said on Thursday its Q2 revenue for 2018 rose 1 percent to 207 million US dollars, up from 205 million US dollars a year earlier. The company reported net income of 6.5 million US dollars or 0.26 dollars per diluted share against net loss of 0.9 million dollars or 0.03 dollar per diluted share. Hover...

Business

Cato Fashion Q1 profits increase 5.4 percent

American womens wear maker Cato Fashion said on Thursday its Q1 net profit for 2018 rose. Revenues fell by 0.4 percent from the same period last year. The company’s net profit for Q1 2018 was 23.4 million US dollars, up from 22.2 million US dollars a year earlier. Revenues slid to 238 million US dollars. The profit margin of the company...