Cato Corp. Q4 Profit Rises; Issues Q1, FY15 EPS Outlook - Quick Facts

(RTTNews) - The Cato Corp. (CATO) reported fourth-quarter net income of $9.2 million, or $0.33 per share, up from $3.8 million, or $0.13 per share in comparable quarter last year.

Retail sales were $237.84 million, an 11% increase over $215.15 million, a year ago. Same-store sales for the quarter increased 8%. Total revenues were $240.11 million, compared to $217.57 million in the prior-year period.

Looking ahead to the first-quarter, the company expects earnings per share in a range of $1.03 to $1.00. Analysts currently expect earnings of $1.13 per share for the first quarter.

For 2015, the company expects earnings per share to be in a range of $2.19 to $2.03. Analysts expect full year 2015 earnings of $2.24 per share.