CATO Announces ~120 More Store Closings in Fiscal 2026
CATO Corporation plans to close approximately 120 stores in fiscal 2026 to exit underperforming locations and improve future operating results due to current economic pressures. The company expect to incur $1.0 to $1.3 million in exit costs.
AI-generated summary for informational purposes only. Always verify against the original filing. Not investment advice. BriefTape is not a registered investment adviser.
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