Cato Corporation

THE CATO CORPORATION ANNOUNCES REGULAR QUARTERLY DIVIDEND

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Friday, May 20, 2022

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CHARLOTTE, N.C., May 20, 2022 /PRNewswire/ -- The Board of Directors of The Cato Corporation (NYSE: CATO) declared a regular quarterly dividend of $0.17 per share.

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CHARLOTTE, N.C., May 20, 2022 /PRNewswire/ -- The Board of Directors of The Cato Corporation (NYSE: CATO) declared a regular quarterly dividend of $0.17 per share.
The dividend will be payable on June 27, 2022 to shareholders of record on June 13, 2022.
The Cato Corporation is a leading specialty retailer of value-priced fashion apparel and accessories operating three concepts, "Cato," "Versona" and "It's Fashion."
The Company's Cato stores offer exclusive merchandise with fashion and quality comparable to mall specialty stores at low prices every day.

THE CATO CORPORATION ANNOUNCES CFO TRANSITION PLANS

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Tuesday, January 4, 2022

Mr. Howe will remain employed with the Company through May 1, 2022 to assist with the transition.

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Mr. Howe will remain employed with the Company through May 1, 2022 to assist with the transition.
"He has been a true partner to me, and we wish John well in his retirement," Mr. Cato added.
"We are excited to welcome Chuck Knight to the Cato executive leadership team," said Mr. Cato.
The Cato Corporationis a leading specialty retailer of value-priced fashion apparel and accessories operating three concepts, "Cato," "Versona" and "It's Fashion."

Cato Reports Temporary Store Closings

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Wednesday, March 18, 2020

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CHARLOTTE, N.C., March 18, 2020 /PRNewswire/ -- TheCato Corporation(NYSE: CATO) today announced the temporary closing of its retail locations.

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CHARLOTTE, N.C., March 18, 2020 /PRNewswire/ -- TheCato Corporation(NYSE: CATO) today announced the temporary closing of its retail locations.
Effective 6:00pm today, March 18, all Cato, It's Fashion, It's Fashion Metro and Versona stores will close from March 19, 2020 through April 1, 2020.
"As COVID-19 has dramatically impacted our customers and the communities in which we are located, we have concluded that it is in everyone's best interest to temporarily close our stores," said John Cato, Chairman, President and Chief Executive Officer.
Our primary concern remains the health and safety of our community, customers and associates.

Cato Reports February Same-Store Sales Decreased 3%

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Thursday, March 5, 2020

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CHARLOTTE, N.C., March 5, 2020 /PRNewswire/ -- The Cato Corporation (NYSE: CATO) today reported sales for the four weeks ended February 29, 2020 of $57.3 million, a 3% decrease compared to sales of $59.1 million for the four week period ended March 2, 2019.

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CHARLOTTE, N.C., March 5, 2020 /PRNewswire/ -- The Cato Corporation (NYSE: CATO) today reported sales for the four weeks ended February 29, 2020 of $57.3 million, a 3% decrease compared to sales of $59.1 million for the four week period ended March 2, 2019.
Same-store sales for the month decreased 3% from the prior year.
"February same store sales were below our expectations," stated John Cato, Chairman, President, and Chief Executive Officer.
The Cato Corporation is a leading specialty retailer of value-priced fashion apparel and accessories operating three concepts, "Cato", "Versona" and "It's Fashion".

Cato Reports September Same-Store Sales Up 5%

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Thursday, October 10, 2019

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CHARLOTTE, N.C., Oct. 10, 2019 /PRNewswire/ -- The Cato Corporation (NYSE: CATO) today reported sales for the five weeks ended October 5, 2019 of $70.5 million, up 2% compared to sales of $69.4 million for the five week period ended October 6, 2018.

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CHARLOTTE, N.C., Oct. 10, 2019 /PRNewswire/ -- The Cato Corporation (NYSE: CATO) today reported sales for the five weeks ended October 5, 2019 of $70.5 million, up 2% compared to sales of $69.4 million for the five week period ended October 6, 2018.
Sales for the thirty-five weeks ended October 5, 2019 were $565.3 million, down 1% compared to sales of $568.7 million for the thirty-five weeks ended October 6, 2018.
"September same-store sales continued our positive trend," commented John Cato, Chairman, President, and Chief Executive Officer.
The Cato Corporation is a leading specialty retailer of value-priced fashion apparel and accessories operating three concepts, "Cato", "Versona" and "It's Fashion".

Cato Reports May Same-Store Sales Up 1%

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Thursday, June 6, 2019

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Same-store sales for the four weeks ended June 1, 2019 increased 1% from the four weeks ended June 2, 2018.

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Same-store sales for the four weeks ended June 1, 2019 increased 1% from the four weeks ended June 2, 2018.
Sales for the seventeen weeks ended June 1, 2019 were $304.2 million, a 3% decrease from sales of $313.2 million for the seventeen weeks ended June 2, 2018.
"May same-store sales were in-line with our expectations," stated John Cato, Chairman, President, and Chief Executive Officer, "and we remain cautiously optimistic for the year."
The Cato Corporation is a leading specialty retailer of value-priced fashion apparel and accessories operating three concepts, "Cato", "Versona" and "It's Fashion".

Cato 2018 Annual Meeting Highlights

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Thursday, May 24, 2018

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CHARLOTTE, N.C., May 24, 2018 /PRNewswire/ --The Cato Corporation (NYSE: CATO) held its Annual Shareholders' Meeting on Thursday, May 24, 2018 at its corporate offices in Charlotte, N.C.

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CHARLOTTE, N.C., May 24, 2018 /PRNewswire/ --The Cato Corporation (NYSE: CATO) held its Annual Shareholders' Meeting on Thursday, May 24, 2018 at its corporate offices in Charlotte, N.C.
John Cato, Chairman, President, and Chief Executive Officer, opened the meeting by welcoming the shareholders.
There being no further business before the meeting, the meeting was adjourned.
Turning to the 1st quarter of 2018, Mr. Cato stated that the company is starting to see more favorable sales trends.
The Cato Corporation is a leading specialty retailer of value-priced fashion apparel and accessories operating three concepts, "Cato", "Versona" and "It's Fashion".