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Palo Alto Stock May Rise As Rival Cato Says It Wins 70% Of Faceoffs
Forbes· 2024-12-11 11:54
Signage with logo at the Silicon Valley headquarters of computer security and firewall company Palo ... [+] Alto Networks, Santa Clara, California, August 17, 2017. (Photo via Smith Collection/Gado/Getty Images).Getty ImagesShares of cybersecurity purveyor Palo Alto Networks have soared — rising at an average annual rate of 28% since the company’s July 2012 initial public offering and rising 35% so far in 2024.Will the stock continue to rise ahead of a stock split this Friday? The answer could depend on whe ...
Cato(CATO) - 2025 Q3 - Quarterly Report
2024-11-26 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C.20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANTTO SECTION 13 OR 15(d)OF THE SECURITIESEXCHANGE ACT OF 1934 For the quarterly period ended November 2, 2024 OR ☐ TRANSITIONREPORT PURSUANTTO SECTION 13 OR 15(d)OF THE SECURITIESEXCHANGE ACT OF 1934 For the transition period from ________________to__________________ Commission file number 1-31340 THE CATO CORPORATION (Exact name of registrant as specified in itscharter) Delaware 56-0484485 (State or ot ...
Cato Incurs Wider Q3 Loss, Sales Drop Y/Y Amid Operational Challenges
ZACKS· 2024-11-25 18:15
Shares of The Cato Corporation (CATO) have declined 40.3% since the company reported its earnings for the quarter ended Nov. 2, 2024, significantly underperforming the S&P 500 index’s 0.6% growth over the same period. Over the past month, Cato stock has declined 41.6%, contrasting with the S&P 500’s 2.6% increase, underscoring a challenging market reaction to the company’s latest financial performance.Cato incurred a net loss of 79 cents per share for the third quarter, wider than the net loss of 30 cents p ...
Cato(CATO) - 2025 Q3 - Quarterly Results
2024-11-25 15:00
EXHIBIT 99.1 NEWS RELEASE FOR IMMEDIATE RELEASE For Further Information Contact: Charles D. Knight Executive Vice President Chief Financial Officer InvestorRelations@catocorp.com CATO REPORTS 3Q RESULTS CHARLOTTE, N.C. (November 21, 2024) – The Cato Corporation (NYSE:CATO) today reported a net loss of $15.1 million or ($0.79) per diluted share for the third quarter ended November 2, 2024, compared to a net loss of $6.1 million or ($0.30) per diluted share for the third quarter ended October 28, 2023. Sales ...
THE CATO CORPORATION SUSPENDS REGULAR QUARTERLY DIVIDEND
Prnewswire· 2024-11-22 12:00
CHARLOTTE, N.C., Nov. 22, 2024 /PRNewswire/ -- In light of the current economic conditions and current sales trends the Board of Directors of The Cato Corporation (NYSE: CATO) suspended the regular quarterly dividend.Statements in this press release that express a belief, expectation or intention, as well as those that are not a historical fact, including, without limitation, statements regarding the Company's expected or estimated operational financial results, activities or opportunities, and potential im ...
CATO REPORTS 3Q RESULTS
Prnewswire· 2024-11-21 12:00
CHARLOTTE, N.C., Nov. 21, 2024 /PRNewswire/ -- The Cato Corporation (NYSE: CATO) today reported a net loss of $15.1 million or ($0.79) per diluted share for the third quarter ended November 2, 2024, compared to a net loss of $6.1 million or ($0.30) per diluted share for the third quarter ended October 28, 2023. Sales for the third quarter ended November 2, 2024 were $144.6 million, a decrease of 8% from sales of $156.7 million for the third quarter ended October 28, 2023. The Company's same-store sales for ...
Cato(CATO) - 2025 Q2 - Quarterly Report
2024-08-29 18:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C.20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANTTO SECTION 13 OR 15(d)OF THE SECURITIESEXCHANGE ACT OF 1934 For the quarterly period ended August 3, 2024 OR ☐ TRANSITIONREPORT PURSUANTTO SECTION 13 OR 15(d)OF THE SECURITIESEXCHANGE ACT OF 1934 For the transition period from ________________to__________________ Commission file number 1-31340 THE CATO CORPORATION (Exact name of registrant as specified in itscharter) Delaware 56-0484485 (State or othe ...
Cato(CATO) - 2025 Q2 - Quarterly Results
2024-08-27 19:33
EXHIBIT 99.1 NEWS RELEASE FOR IMMEDIATE RELEASE For Further Information Contact: Charles D. Knight Executive Vice President Chief Financial Officer InvestorRelations@catocorp.com CATO REPORTS 2Q RESULTS CHARLOTTE, N.C. (August 22, 2024) – The Cato Corporation (NYSE: CATO) today reported net income of $0.1 million or $0.01 per diluted share for the second quarter ended August 3, 2024, compared to net income of $1.1 million or $0.06 per diluted share for the second quarter ended July 29, 2023. Sales for the s ...
CATO Q2 Earnings Slump Y/Y Amid Sales Decline, Cost Pressures
ZACKS· 2024-08-23 17:36
For the second quarter of 2024, Cato Corporation (CATO) reported earnings per share (EPS) of 1 cent, a notable decline from the 6 cents recorded in the same quarter of 2023. Revenues for the quarter also decreased by 8% to $166.9 million from $181.2 million in the previous year. The decline in sales was attributed to the closure of stores during 2023 and a 2% decrease in same-store sales. Cato's second-quarter performance reflected ongoing challenges, particularly in maintaining sales momentum. The decline ...
CATO Stock Earnings: Cato Reported Results for Q2 2024
Investor Place· 2024-08-22 17:52
Cato (NYSE:CATO) just reported results for the second quarter of 2024. Cato reported earnings per share of 1 cent. The company reported revenue of $168.63 million. InvestorPlace Earnings is a project that leverages data from TradeSmith to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform ...