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Stock impact report

Cato Stock Improves 16% as Q4 Loss Narrows Year Over Year [Yahoo! Finance]

Cato Corporation (The) Class A (CATO) 
Last cato corporation (the) class a earnings: 3/16 07:00 am Check Earnings Report
US:NYSE Investor Relations: catofashions.com/info/investor-relations
Company Research Source: Yahoo! Finance
This compares to the S&P 500 index's 0.1% decline over the same time frame. Over the past month, the stock has gained 9.7% against the S&P 500's 4.9% decline, reflecting a sharp divergence in performance as investors reacted positively to the company's narrowed quarterly loss and operational updates. See the Zacks Earnings Calendar to stay ahead of market-making news. For the fourth quarter, Cato incurred a net loss of 74 cents per share, narrower than a net loss of $1.14 per share in the prior-year quarter. Quarterly sales declined 10% year over year to $155.3 million from $172.1 million. However, adjusting for the extra week in the 2023 fiscal fourth quarter, sales on a comparable 13-week basis decreased a more modest 5.1%, with same-store sales dipping 0.8%. The company incurred a net loss of $14.1 million, narrower than a net loss of $23.4 million in the prior-year quarter. The Cato Corporation price-consensus-eps-surprise-chart | The Cato Corporation Quote Cato's four Show less Read more
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