The Cato Corporation has reported its unaudited financial results for the quarter ended May 3, 2025. The company recorded retail sales of $168.4 million, which marks a decrease from the $175.3 million reported in the same period in 2024. Other revenue, primarily from finance, late fees, and layaway charges, remained relatively stable at $1.8 million compared to the previous year's $1.8 million. Total revenues for the period amounted to $170.2 million. The company also reported its basic and diluted earnings per share at $0.17, a reduction from the $0.54 reported in the corresponding quarter of the previous year. The Cato Corporation highlighted several factors that could impact future performance, including potential volatility in the financial markets and broader economic conditions that affect consumer confidence and spending. The company did not provide specific forward-looking guidance but noted the potential impact of various economic and regulatory factors on its operations.
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