Cato warns of weather impact on Q1 results
- 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