Cato Corporation reported H1 FY24 sales of $342.2 million, down 8 per cent from last year, due to store closures and a 4 per cent drop in same-store sales.
Despite this, net income rose to $11.1 million ($0.54 per share) from $5.6 million.
Q2 FY24 sales fell 8 per cent to $166.9 million, with net income dropping to $0.1 million ($0.01 per share).
Despite this, net income rose to $11.1 million ($0.54 per share) from $5.6 million.
Q2 FY24 sales fell 8 per cent to $166.9 million, with net income dropping to $0.1 million ($0.01 per share).