Cato Q4 revenue falls as same-store sales remain flat

Reuters

Mar 19

Cato Q4 revenue falls as same-store sales remain flat

Overview

US specialty apparel retailer's Q4 sales fell 3.4% yr/yr, same-store sales were flat
Company reported Q4 net loss narrowed to $10.9 mln from $14.1 mln last year
Company closed 48 stores in 2025, plans up to 40 more closures in 2026

Outlook

Cato plans to open up to 10 new stores and close up to 40 in 2026
Company says 2026 outlook is tempered by economic uncertainties and pressure on disposable income
Cato to focus on merchandise assortment, technology investments and customer service in 2026

Result Drivers

GROSS MARGIN IMPROVEMENT - Co said Q4 gross margin rose to 29.2% from 28.0% due to lower payroll and occupancy costs, partially offset by higher sales of markdown product
LOWER SG&A EXPENSES - Q4 SG&A expenses fell $1.9 mln, mainly from lower payroll costs and reduced closed store and impairment expenses

Company press release: ID:nPn9yX5cZa

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q4 Retail Sales		$150.02 mln
Q4 EPS		-$0.55
Q4 Net Income		-$10.86 mln
Q4 Basic EPS		-$0.55
Q4 Pretax Profit		-$11.92 mln

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

At the request of the copyright holder, you need to log in to view this content

LOGIN / SIGN UP

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www-web.itiger.com/news/2620244963"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2620244963\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2620244963?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-03-19 19:08","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2620244963","market":"nz","top_or_hot":-1,"title":"Cato Q4 revenue falls as same-store sales remain flat","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>Cato Q4 revenue falls as same-store sales remain flat</title></head><body><p><span>Overview</span></p><ul><li><p>US specialty apparel retailer's Q4 sales fell 3.4% yr/yr, same-store sales were flat</p></li><li><p>Company reported Q4 net loss narrowed to $10.9 mln from $14.1 mln last year</p></li><li><p>Company closed 48 stores in 2025, plans up to 40 more closures in 2026</p></li></ul><p><span>Outlook</span></p><ul><li><p>Cato plans to open up to 10 new stores and close up to 40 in 2026</p></li><li><p>Company says 2026 outlook is tempered by economic uncertainties and pressure on disposable income</p></li><li><p>Cato to focus on merchandise assortment, technology investments and customer service in 2026</p></li></ul><p><span>Result Drivers</span></p><ul><li><p>GROSS MARGIN IMPROVEMENT - Co said Q4 gross margin rose to 29.2% from 28.0% due to lower payroll and occupancy costs, partially offset by higher sales of markdown product</p></li><li><p>LOWER SG&amp;A EXPENSES - Q4 SG&amp;A expenses fell $1.9 mln, mainly from lower payroll costs and reduced closed store and impairment expenses</p></li></ul><p>Company press release: <span>ID:nPn9yX5cZa</span></p><p><span>Key Details</span></p><table><tbody><tr><td><p><span>Metric</span></p></td><td><p><span>Beat/Miss</span></p></td><td><p><span>Actual</span></p></td><td><p><span>Consensus Estimate</span></p></td></tr><tr><td><p>Q4 Retail Sales</p></td><td></td><td><p>$150.02 mln</p></td><td></td></tr><tr><td><p>Q4 EPS</p></td><td></td><td><p>-$0.55</p></td><td></td></tr><tr><td><p>Q4 Net Income</p></td><td></td><td><p>-$10.86 mln</p></td><td></td></tr><tr><td><p>Q4 Basic EPS</p></td><td></td><td><p>-$0.55</p></td><td></td></tr><tr><td><p>Q4 Pretax Profit</p></td><td></td><td><p>-$11.92 mln</p></td><td></td></tr></tbody></table><p>For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.</p><p>(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cato Q4 revenue falls as same-store sales remain flat</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCato Q4 revenue falls as same-store sales remain flat\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2026-03-19 19:08</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>Cato Q4 revenue falls as same-store sales remain flat</title></head><body><p><span>Overview</span></p><ul><li><p>US specialty apparel retailer's Q4 sales fell 3.4% yr/yr, same-store sales were flat</p></li><li><p>Company reported Q4 net loss narrowed to $10.9 mln from $14.1 mln last year</p></li><li><p>Company closed 48 stores in 2025, plans up to 40 more closures in 2026</p></li></ul><p><span>Outlook</span></p><ul><li><p>Cato plans to open up to 10 new stores and close up to 40 in 2026</p></li><li><p>Company says 2026 outlook is tempered by economic uncertainties and pressure on disposable income</p></li><li><p>Cato to focus on merchandise assortment, technology investments and customer service in 2026</p></li></ul><p><span>Result Drivers</span></p><ul><li><p>GROSS MARGIN IMPROVEMENT - Co said Q4 gross margin rose to 29.2% from 28.0% due to lower payroll and occupancy costs, partially offset by higher sales of markdown product</p></li><li><p>LOWER SG&amp;A EXPENSES - Q4 SG&amp;A expenses fell $1.9 mln, mainly from lower payroll costs and reduced closed store and impairment expenses</p></li></ul><p>Company press release: <span>ID:nPn9yX5cZa</span></p><p><span>Key Details</span></p><table><tbody><tr><td><p><span>Metric</span></p></td><td><p><span>Beat/Miss</span></p></td><td><p><span>Actual</span></p></td><td><p><span>Consensus Estimate</span></p></td></tr><tr><td><p>Q4 Retail Sales</p></td><td></td><td><p>$150.02 mln</p></td><td></td></tr><tr><td><p>Q4 EPS</p></td><td></td><td><p>-$0.55</p></td><td></td></tr><tr><td><p>Q4 Net Income</p></td><td></td><td><p>-$10.86 mln</p></td><td></td></tr><tr><td><p>Q4 Basic EPS</p></td><td></td><td><p>-$0.55</p></td><td></td></tr><tr><td><p>Q4 Pretax Profit</p></td><td></td><td><p>-$11.92 mln</p></td><td></td></tr></tbody></table><p>For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.</p><p>(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4094","symbol_name":"服装零售","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260319:nL1N4070I4:1","article_id":"2620244963","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2620244963","pubTimestamp":1773918488,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Cato Q4 revenue falls as same-store sales remain flatOverviewUS specialty apparel retailer's Q4 sales fell 3.4% yr/yr, same-store sales were flatCompany reported Q4 net loss narrowed to $10.9 mln from","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4094":"服装零售","CATO":"加图商场"},"translate_title":"由于同店销售额持平，Cato第四季度收入下降","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CATO":0.9},"content_text":"Cato Q4 revenue falls as same-store sales remain flatOverviewUS specialty apparel retailer's Q4 sales fell 3.4% yr/yr, same-store sales were flatCompany reported Q4 net loss narrowed to $10.9 mln from $14.1 mln last yearCompany closed 48 stores in 2025, plans up to 40 more closures in 2026OutlookCato plans to open up to 10 new stores and close up to 40 in 2026Company says 2026 outlook is tempered by economic uncertainties and pressure on disposable incomeCato to focus on merchandise assortment, technology investments and customer service in 2026Result DriversGROSS MARGIN IMPROVEMENT - Co said Q4 gross margin rose to 29.2% from 28.0% due to lower payroll and occupancy costs, partially offset by higher sales of markdown productLOWER SG&A EXPENSES - Q4 SG&A expenses fell $1.9 mln, mainly from lower payroll costs and reduced closed store and impairment expensesCompany press release: ID:nPn9yX5cZaKey DetailsMetricBeat/MissActualConsensus EstimateQ4 Retail Sales$150.02 mlnQ4 EPS-$0.55Q4 Net Income-$10.86 mlnQ4 Basic EPS-$0.55Q4 Pretax Profit-$11.92 mlnFor questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}