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Cato Fashions posts Q3 loss, sales decline 21 percent

8 days ago   |   By

The Cato Corporation has reported a net loss of 3.6 million dollars or loss of 15 cents per diluted share for the third quarter ended October 31, 2020, compared to net income of 6 million dollars or 24 cents per diluted share for the third quarter ended November 2, 2019. The company said in a statement that sales for the quarter were 149.2 million dollars or a decrease of 21 percent, while the company's same-store sales decreased 23 percent to the same period last year.
“Sales in the third quarter reflected continued softening of customer demand as Covid-19 cases continued to rise...
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The Children's Place reports 19 percent decline in Q3 net sales

8 days ago   |   By

The Children's Place, Inc. said, net sales decreased 19 percent to 425.6 million dollars in the three months ended October 31, 2020, primarily as a result of a decrease in back-to-school sales due to schools adopting remote and hybrid learning models, along with the impact of permanent and temporary store closures. For the nine month period, net sales decreased 22.7 percent to 1.050 billion dollars.
Commenting on the results, Jane Elfers, President and Chief Executive Officer of The Children's Place, said: “As expected, revenue during our peak back-to-school period was significantly...
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Macy's reports drop in Q2 sales

8 days ago   |   By

Macy's, Inc. reported third quarter net sales of 3,990 million dollars compared to 5,173 million dollars in the third quarter of 2019. Comparable sales were down 21 percent on an owned basis and down 20.2 percent on an owned plus licensed basis, due to continued stores recovery and continued growth of digital business. Macy's said diluted loss per share was 29 cents and adjusted diluted loss per share was 19 cents compared to diluted earnings of 1 cent and adjusted earnings of 7 cents in the same quarter of 2019.
“Macy's third quarter results reflect solid performance across all three...
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Kim Kardashian Age, Height, Plastic Surgery, Robbery, Worth- WikiFamous

Kimberly Noel Kardashian in short Kim Kardashian is an American Television Personality, the way she becomes famous cannot be pulled off by some ordinary girl. Read more ...

Kim Kardashian Age, Height, Plastic Surgery, Robbery, Worth- WikiFamous

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Hood By Air's H13A Imprint Issues Limited Edition Black Friday Merch

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Hood By Air 's revival continues, introducing a follow-up to its first sold-out H13A drop with a second selection of goods. This release, curated again by Hood By Air's... Read more ...

Scorpio, Your December Horoscope Comes With A Major Confidence Boost

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Middlesex University Grad Miles George Daniel is One of Sarah Mower's Six...

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Who even knows what fashion in the future is supposed to be? To discover some category-shattering answers, I'd say we should be encouraging young people like Miles George... Read more ...

10 Black Friday Beauty Deals You Should Be Shopping This Week

10 Black Friday Beauty Deals You Should Be Shopping This Week

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Can Black Friday Trade Consumerism for Sustainability?

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Black Friday has long been due for an overall. What started as the de facto beginning of the holiday shopping season has become a global mass-shopping phenomenon; your inbox is... Read more ...

Fauci: COVID-19 Pandemic Not Expected To Improve By Christmas, New Year

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GOAT Rounds Up Its Best Black Friday Sneaker Deals

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The holidays look a bit different this year but one thing that has remained the same is GOAT's commitment to deliver you the best selection of sneakers around. GOAT is offering... Read more ...

A Kind Of Guise Combines New Silhouettes and Deadstock Garments for “Winter...

A Kind Of Guise Combines New Silhouettes and Deadstock Garments for “Winter Drop”

After dropping its knitwear-heavy Fall/Winter 2020 collection last month, German outfit A Kind Of Guise has curated a special apparel collection combining time-approved and new... Read more ...

Polar Skate Co. Delivers Winter-Ready 2020 Collection Lookbook

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Sweden-based Polar Skate Co launches its Winter 2020 collection featuring British skater Jamie Platt. As one of the more prominent skateboard brands in Europe, the team has... Read more ...

10 cult indie stores worth dropping your hard-earned cash on

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As the world shifts into a shopping frenzy courtesy of the least-woke ‘holiday' ever - seriously, how is Black Friday still a thing? - it might be the right time to recount... Read more ...