CHARLOTTE, N.C. (AP) — Cato Corp. (CATO) on Thursday reported a fiscal third-quarter loss of $3.6 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Charlotte, North Carolina-based company said it had a loss of 15 cents.
The clothing retailer posted revenue of $150.8 million in the period.
Cato shares have declined 53% since the beginning of the year. The stock has fallen 54% in the last 12 months.