Content about Cato Institute

March 20, 2014

The Cato Corporation cited weather, holiday promotions and a 53rd week in fiscal 2012 as impacting its net income during the fourth quarter of fiscal 2013.

Charlotte, N.C. – The Cato Corporation cited weather, holiday promotions and a 53rd week in fiscal 2012 as impacting its net income during the fourth quarter of fiscal 2013. The retailer also said it plans to open 64 new stores and close 17 existing stores during fiscal 2014.

Net income fell 52% to $3.8 million from $7.9 million in the same period the prior year, within previously announced guidance range, while sales dropped 7% to $215.2 million from $232 million.

February 26, 2014

Cato Bakery is utilizing a new iPad POS solution from Revel Systems and Index that provides customers with personalized recommendations and service.

San Francisco – Cato Bakery is utilizing a new iPad POS solution from Revel Systems and Index that provides customers with personalized recommendations and service. Customers can pay for their purchases and redeem personalized incentives with Index mobile technology, which is integrated directly with the Revel Systems point of sale.

The partnership between Revel Systems and Index offers retailers with an integrated mobile payments, loyalty, and POS solution.

January 9, 2014

Women’s apparel retailer Cato has made its debut into the world of online shopping with the launch of its first ever e-commerce site.

Staten Island, N.Y. -- Women’s apparel retailer Cato has made its debut into the world of online shopping with the launch of its first ever e-commerce site. With the help of its implementation partner Celerant Technology, the new website will support the growth of the brand and will offer the same collections as its brick-and-mortar stores, as well as additional sizes, colors and exclusive items.

May 23, 2013

Specialty women’s apparel and accessories retailer Cato Corp. reported declining sales and net income during first quarter 2013.

Charlotte, N.C. – Specialty women’s apparel and accessories retailer Cato Corp. reported declining sales and net income during first quarter 2013. Sales dropped 2% from $272.8 million to $267.2 million, while net income fell 3% from $31.7 million to $30.8 million. Same-store sales also declined compared to the same quarter a year earlier, by 5%.

May 17, 2012

Women’s apparel retailer Cato Corp. said that first-quarter profit rose 4% to $31.7 million, from $30.5 million last year, prompting the company to raise its full-year profit forecast.

Charlotte, N.C. -- Women’s apparel retailer Cato Corp. said Thursday that first-quarter profit rose 4% to $31.7 million, from $30.5 million last year, prompting the company to raise its full-year profit forecast.

Sales inched up 1% to $275.3 million, but same-store sales dipped 2% among its Cato, Cato Fashions, Cato Plus, It's Fashion, It's Fashion Metro and Versona Accessories banners.

March 17, 2011

Cato Corp.'s fiscal fourth-quarter net income climbed 8% as revenue improved.

Charlotte, N.C. -- Cato Corp.'s fiscal fourth-quarter net income climbed 8% as revenue improved. The company earned $7.9 million, compared with $7.3 million a year earlier.

Sales for the quarter ended January 29, 2011 were $224.3 million, a 3% increase over sales of $217.7 in the year-ago period. Same-store sales increased 1%.

November 18, 2010

The Cato Corp. reported Thursday that profit for the quarter ended Oct. 30 surged 123% to $6.7 million, compared with net income of $3 million for the third quarter ended October 31, 2009.

Charlotte, N.C. -- The Cato Corp. reported Thursday that profit for the quarter ended Oct. 30 surged 123% to $6.7 million, compared with net income of $3 million for the third quarter ended October 31, 2009.

Sales increased 4% to $198 million, compared with $191 million for the year-ago period.

Same-store sales for the quarter increased 2%.

The retailer operated 1,281 stores in 31 states, compared with 1,291 stores in 31 states as of October 31, 2009.

August 19, 2010

Women's clothing chain The Cato Corp. said late Thursday that its second-quarter net income fell...

October 8, 2009

The Cato Corp. announced it will change its ticker symbol on the New York Stock...

January 29, 2009

The Cato Corp. announced the promotion of Jeff Shock to senior VP, controller....

December 3, 2008

The Cato Corp. reported sales for the four weeks ended Nov. 29 of $60.6 million,...

August 28, 2008

The Cato Corp. announced the promotion of John Howe to executive VP, CFO, effective Sept....

May 26, 2008

The Cato Corp. will add 40 new Cato stores and 30 new It's Fashion units...

April 6, 2008

Cato Corp. said on Friday that Tom Stoltz has resigned as CFO and executive VP,...

November 28, 2007

Charlotte, N.C., Cato...

November 13, 2006

Charlotte, N.C., Cato...

February 28, 2005

Charlotte, N.C., The...