Fashion retailer Cato's Q3 sales rise 6%, net loss narrows to $5.2 mln

Cato

20/11/2025 12:22

Overview

Cato Q3 sales rise 6% yr/yr, same-store sales up 10%

Net loss narrows to $5.2 mln from $15.1 mln last year

Gross margin improves to 32% from 28.8% due to lower costs

Outlook

Company anticipates challenging fourth quarter due to slowdown in employment growth

Cato plans to manage expenses and inventory levels tightly in Q4

Result Drivers

SALES RECOVERY - Co attributes positive Q3 sales trend to absence of last year's hurricane disruptions and supply chain issues

COST MANAGEMENT - Gross margin improvement driven by lower freight, distribution, buying and occupancy costs

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Retail Sales
$153.74 mln
Q3 EPS
-$0.28
Q3 Net Income
-$5.19 mln
Q3 Basic EPS
-$0.28
Q3 Pretax Profit
-$6.35 mln


Press Release: ID:nPn88zJrma

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)