Friday, October 7, 2016

Cato Corp. (CATO) Sank To A New Low After Q3 Forecast Reduced

Cato Corp. (CATO) reported a 9 percent drop in September comparable store sales after the bell Wednesday. The company also lowered its third quarter EPS forecast to between $0.07 and $0.11, from prior expectations of $0.13 to $0.18.

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