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.
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 ...
The Cato Corporation today reported a net loss of $15.1 million or ($0.79) per diluted share for the third quarter ended November 2, 2024, compared to a net loss of $6.1 million or ($0.30) per diluted ...
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 ...
Months after Jennifer Lopez filed for divorce from Ben Affleck, she performed for the first since the news broke for the 1001 Seasons of Elie Saab fashion show. Pedro Pascal was joined at the Nov.
debuting at Australian Fashion Week in 2003. Still based in Sydney, the womenswear brand has gone from strength to strength since, opening 17 stores across Australia and securing stockists such as ...