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Cato: Fiscal Q1 Earnings Snapshot
by The Associated Press
Last Updated May 20, 2021 at 7:28 am EDT
CHARLOTTE, N.C. (AP) Cato Corp. (CATO) on Thursday reported fiscal first-quarter net income of $20.7 million, after reporting a loss in the same period a year earlier.
The Charlotte, North Carolina-based company said it had profit of 92 cents per share.
The clothing retailer posted revenue of $213.1 million in the period.
Cato shares have increased 48% since the beginning of the year. The stock has risen 31% in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CATO at https://www.zacks.com/ap/CATO
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