Cato Corporation Reports Q3 Net Loss of $5.2 Million on Sales of $153.7 Million
The Cato Corporation reported a net loss of $5.2 million, or ($0.28) per diluted share, for the third quarter ended November 1, 2025, compared to a net loss of $15.1 million, or ($0.79) per diluted share, in the same period last year. Sales for the quarter were $153.7 million, up 6.3% from $144.6 million a year earlier. Same-store sales increased 10% compared to the previous year. For the nine months ended November 1, 2025, the company recorded net income of $5.0 million, or $0.25 per diluted share, compared to a net loss of $4.0 million, or ($0.24) per diluted share, for the same period in 2024. Sales for the nine-month period were $496.8 million, a 2.1% increase from $486.8 million a year earlier. Year-to-date selling, general and administrative expenses decreased to $169.7 million from $172.8 million last year. The company closed 16 stores year-to-date and operated 1,101 stores in 31 states as of November 1, 2025, compared to 1,167 stores in 31 states at the same time last year.
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 PR Newswire (Ref. ID: CL29241) on November 20, 2025, and is solely responsible for the information contained therein.
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