Cato Corporation has posted a sharp Q2 rebound with net income of $6.8 million, as sales rose 5 per cent to $174.7 million on 9 per cent same-store growth.
H1 net income slipped to $10.1 million from $11.1 million despite a 0.3 per cent sales uptick.
Margins improved, expenses eased, and store count fell to 1,101.
CEO warned of tariff-related headwinds.
H1 net income slipped to $10.1 million from $11.1 million despite a 0.3 per cent sales uptick.
Margins improved, expenses eased, and store count fell to 1,101.
CEO warned of tariff-related headwinds.