Cato (NYSE:CATO) Issues Earnings Results

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

Cato Trading Up 6.6 %

Shares of CATO stock opened at $3.24 on Friday. The firm’s fifty day moving average price is $3.31 and its two-hundred day moving average price is $4.23. The firm has a market capitalization of $66.54 million, a P/E ratio of -2.35 and a beta of 0.91. Cato has a 1 year low of $2.64 and a 1 year high of $6.70.

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.