Brief: Cato Reports Q2 Earnings Per Share $0.48

Cato

22/08/2019 12:07

Aug 22 (Reuters) - Cato Corp  CATO.N :
    * CATO REPORTS INCREASE IN 2Q NET INCOME AND EPS
    * Q2 EARNINGS PER SHARE $0.48
    * Q2 SALES ROSE 2 PERCENT TO $210.4 MILLION
    * SAME-STORE SALES FOR QUARTER INCREASED 4% TO LAST YEAR.
    * "REMAIN CAUTIOUSLY OPTIMISTIC ABOUT SECOND HALF OF YEAR
GIVEN
DIFFICULT RETAIL ENVIRONMENT AND POTENTIAL EFFECT OF NEW
TARIFFS"
    * OUR PERFORMANCE IN Q2 AND FIRST HALF OF 2019 EXCEEDED OUR
EXPECTATIONS WITH HIGHER SAME-STORE SALES

Source text for Eikon:  ID:nPn2gvtNZa 
Further company coverage:  CATO.N 

 ((Reuters.Briefs@thomsonreuters.com;))