Corrected: BRIEF-Cato Reports Qtrly Loss Per Share At $0.13

Cato

19/03/2020 11:13

(Corrects headline to say 'loss per share' Not 'EPS')
    March 19 (Reuters) - Cato Corp  CATO.N :
    * CATO REPORTS 4Q AND FULL-YEAR EARNINGS
    * Q4 LOSS PER SHARE $0.13
    * Q4 SAME STORE SALES ROSE 1 PERCENT
    * Q4 REVENUE $188.4 MILLION
    * CANNOT QUANTIFY IMPACT OF THIS UNPRECEDENTED SITUATION, Q1
RESULTS WILL BE NEGATIVELY IMPACTED.
    * AS OF FEBRUARY 1, 2020, COMPANY OPERATED 1,281 STORES IN
31
STATES.
    * BECAUSE OF IMPACT OF CORONAVIRUS NOT PROVIDING A 2020
OUTLOOK OR
ASSUMPTIONS
    * FOR QUARTER, SAME-STORE SALES INCREASED 1% FROM LAST YEAR

Source text for Eikon:  ID:nPnZC6gna 
Further company coverage:  CATO.N 

 ((Briefs@thomsonreuters.com;))