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Cato warns of weather impact on Q1 results

Mar. 19, 2015 7:22 AM ETThe Cato Corporation (CATO)CATOBy: Clark Schultz, SA News Editor
  • Cato (NYSE:CATO) warns results in February were impacted negatively by weather.
  • Same-store sales during the month fell 10% and are expected to fall 3% to 4% for the quarter.
  • Cato sets Q1 EPS guidance at $1.03 to $1.04 vs. $1.13 consensus.
  • Previously: Cato  beats by $0.06, revenue in-line

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