Cato (NYSE:CATO) Issues Earnings Results

Cato (NYSE:CATO) released its quarterly earnings results on Thursday. The specialty retailer reported ($0.74) earnings per share for the quarter, Zacks reports. Cato had a negative net margin of 4.11% and a negative return on equity of 14.41%.

Cato Price Performance

Shares of CATO stock opened at $3.01 on Thursday. The firm has a market cap of $61.72 million, a P/E ratio of -2.18 and a beta of 0.91. Cato has a 1-year low of $2.64 and a 1-year high of $6.70. The firm has a fifty day moving average of $3.32 and a two-hundred day moving average of $4.24.

Cato Company Profile

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.