Cato ( NYSE:CATO ) Full Year 2024 Results Key Financial Results Revenue: US$708.1m (down 6.7% from FY 2023). Net loss...
The Cato Corporation (NYSE: CATO) today reported a net loss of ($23.4) million or ($1.14) per diluted share for the fourth quarter ended February 3, 2024, compared to a net loss of ($3.0) million or ($0.14) per diluted share for the fourth quarter ended January 28, 2023. Full-year fiscal 2023 net loss was ($23.9) million or ($1.17) per diluted share compared to net income of $0.0 million or $0.00 per diluted share for 2022. Contributing to the net loss is income tax expense of $10.9 million for
For many, the main point of investing is to generate higher returns than the overall market. But even the best stock...