It seems that before 2024 comes to a close, another big retailer will take a financial hit, possibly contributing to the closure of one of their stores in southern Indiana. Cato Fashions currently has ...
Shares of Cato dropped after the company reported a wider loss in the third quarter as sales weakened and its distribution costs shot up. The stock was down 18% at $5.01 in midday trading. Shares have ...
In light of the current economic conditions and current sales trends the Board of Directors of The Cato Corporation (NYSE: CATO) suspended the regular quarterly dividend.