Entering text into the input field will update the search result below

Cato sets Q1 EPS guidance below consensus

Mar. 17, 2016 7:10 AM ETThe Cato Corporation (CATO) StockBy: Clark Schultz, SA News Editor
  • Cato (NYSE:CATO) reports comparable-store sales rose 1% in Q4.
  • Lower merchandise margins and elevated occupancy costs clipped the company's gross margin rate by 40 bps to 36.1%. SG&A expenses as a percentage of sales fell 200 bps to 28.6%.
  • Cato warns of a "difficult" year. Q1 same-store sales are forecast to fall in a range of 0% to -2%. Q1 EPS of $1.12 to $1.16 is seen vs. $1.24 consensus.
  • Previously: Cato  beats by $0.08, misses on revenue (Mar. 17 2016)

Recommended For You

More Trending News

About CATO Stock

SymbolLast Price% Chg
Market Cap
PE
Yield (TTM)
Rev Growth (YoY)
Prev. Close
Compare to Peers

Related Stocks

SymbolLast Price% Chg
CATO--
The Cato Corporation