Cato Corporation To Close ~70 Additional Underperforming Stores In Q3 And Q4; Brings FY26 Total Planned Stores Closures To ~120; Sees $1M-$1.3M In Associated Costs
The Company expects to incur between $1.0 million and $1.3 million in costs to exit these additional stores through the end of 2026. These costs relate primarily to expenses for the disposal of external signage and