The Cato Corporation reported earnings results for the second quarter and six months ended July 30, 2022. For the second quarter, the company reported revenue was USD 196.86 million compared to USD 207.75 million a year ago. Net loss was USD 2.27 million compared to net income of USD 13.99 million a year ago. Basic loss per share from continuing operations was USD 0.11 compared to basic earnings per share from continuing operations of USD 0.62 a year ago. Diluted loss per share from continuing operations was USD 0.11 compared to diluted earnings per share from continuing operations of USD 0.62 a year ago.
For the six months, revenue was USD 403.59 million compared to USD 420.83 million a year ago. Net income was USD 7.47 million compared to USD 34.71 million a year ago. Basic earnings per share from continuing operations was USD 0.35 compared to USD 1.54 a year ago. Diluted earnings per share from continuing operations was USD 0.35 compared to USD 1.54 a year ago.