The Cato Corporation Reports Decrease in Retail Sales and Earnings Per Share for Q1 2025

Reuters
05-28
The Cato Corporation Reports Decrease in Retail Sales and Earnings Per Share for Q1 2025

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.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The Cato Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001562762-25-000144), on May 27, 2025, and is solely responsible for the information contained therein.

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