Cato (NYSE:CATO) Announces Quarterly Earnings Results

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

Cato Stock Performance

Shares of Cato stock opened at $2.91 on Thursday. The company has a market capitalization of $59.79 million, a P/E ratio of -2.19 and a beta of 0.91. Cato has a 1 year low of $2.64 and a 1 year high of $6.70. The company’s fifty day moving average is $3.32 and its two-hundred day moving average is $4.24.

About Cato

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.