Cato (NYSE:CATO) Announces Earnings Results

Cato (NYSE:CATO - Get Free Report) posted its earnings results on Thursday. The specialty retailer reported ($0.74) earnings per share (EPS) for the quarter, Zacks reports. Cato had a negative net margin of 4.11% and a negative return on equity of 14.41%. The business had revenue of $155.29 million during the quarter.

Cato Trading Down 1.3 %

NYSE CATO traded down $0.05 during trading on Monday, hitting $3.45. 161,036 shares of the company traded hands, compared to its average volume of 123,511. The company has a market capitalization of $70.94 million, a P/E ratio of -2.50 and a beta of 0.91. The business has a fifty day simple moving average of $3.31 and a 200 day simple moving average of $4.20. Cato has a 12 month low of $2.64 and a 12 month high of $6.70.

About Cato

The Cato Corporation, together with its subsidiaries, operates as a specialty retailer of fashion apparel and accessories primarily in the southeastern United States. It operates through two segments, Retail and Credit. The company's stores and e-commerce websites offer a range of apparel and accessories, including dressy, career, and casual sportswear; and dresses, coats, shoes, lingerie, costume jewelry, and handbags, as well as men's wear, and lines for kids and infants.