The Cato Corporation has reported strong Q1 FY26 earnings growth, with net income rising to $9.3 million, supported by a $5.7 million IEEPA tariff refund claim.
Sales increased marginally by 0.7 per cent to $169.5 million, while same-store sales rose 3 per cent.
However, the retailer warned that higher fuel inflation may pressure consumer discretionary spending ahead.
Sales increased marginally by 0.7 per cent to $169.5 million, while same-store sales rose 3 per cent.
However, the retailer warned that higher fuel inflation may pressure consumer discretionary spending ahead.
