Cato | 8-K: FY2026 Q3 Revenue: USD 155.4 M

Revenue: As of FY2026 Q3, the actual value is USD 155.4 M.

EPS: As of FY2026 Q3, the actual value is USD -0.28.

EBIT: As of FY2026 Q3, the actual value is USD -8.533 M.

Segment Revenue

• Retail Sales: $153.7 million for the third quarter ended November 1, 2025, an increase of 6% from $144.6 million for the third quarter ended November 2, 2024. Year-to-date sales were $496.8 million, up 2% from $486.8 million in the prior year.
• Other Revenue: Principally finance, late fees, and layaway charges amounted to $1.7 million for the third quarter and $5.3 million year-to-date.

Operational Metrics

• Net Income: The company reported a net loss of $5.2 million for the third quarter of 2025, compared to a net loss of $15.1 million in the third quarter of 2024. Year-to-date net income was $5.0 million, compared to a net loss of $4.0 million in the prior year.
• Gross Margin: Increased to 32.0% of sales in the third quarter from 28.8% in the prior year. Year-to-date gross margin increased to 34.5% from 33.3%.
• SG&A Expenses: Decreased to 37.1% of sales in the third quarter from 40.0% in the prior year. Year-to-date SG&A expenses decreased to 34.2% from 35.5%.

Cash Flow

• Cash and Cash Equivalents: $22.8 million as of November 1, 2025, compared to $20.3 million as of February 1, 2025.

Unique Metrics

• Store Count: The company closed 16 stores year-to-date, with 1,101 stores in operation as of November 1, 2025, compared to 1,167 stores as of November 2, 2024.

Outlook / Guidance

• The company anticipates challenges in the fourth quarter due to a slowdown in employment growth and lower expected economic growth. It plans to manage expenses and inventory levels tightly while driving continued sales growth.