Filing Flows › Cato (CATO) › Q1 FY27
Cato (CATO) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed May 28, 2026
Cato (CATO) reported revenue of $171M for the first quarter fiscal 2027 (Q1 FY27), +0.5% from a year earlier and +13% from the quarter before. Operating margin was 5.2%, net earnings $9.3M (5.4% of revenue).
Cato, Q1 FY27: revenue $171M (+0.5% year over year), operating margin 5.2%, net earnings $9.3M, operating cash flow $8.0M. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $171M | +13% | +0.5% |
| Operating profit | $9.0M | — | +160% |
| Net earnings | $9.3M | — | +181% |
| Operating cash flow | $8.0M | — | +108% |
| Free cash flow | $7.0M | — | +145% |
What changed
Revenue was $171.1M in Q1 FY27, up 1% year over year and up 13% from the previous quarter. Retail Segment was the largest line at 100% of revenue. Retail Segment added $862K year over year (up 1%), 100% of the total change.
Operating profit was $9.0M, a 5.2% margin (up 3.2 points year over year). Of the extra revenue versus Q1 FY26, 639% reached operating profit, above the 2% margin then. Total costs fell 3% while revenue rose 1%. Net earnings were $9.3M, up 181% year over year. The effective tax rate was 5.3%.
Operating cash flow was $8.0M (up 108% year over year), 86% of net earnings. Non-cash charges added back $2.2M of depreciation and $578K of share-based compensation. Working capital and other items used $4.1M. Capital expenditures of $1.1M left free cash flow of $7.0M.
Questions
What was Cato's revenue in the first quarter fiscal 2027?
Cato (CATO) reported revenue of $171M for the first quarter fiscal 2027 (Q1 FY27), +0.5% from a year earlier and +13% from the quarter before.
Was Cato profitable in the first quarter fiscal 2027?
Operating profit was $9.0M (5.2% of revenue) and net earnings $9.3M.
Source: Cato 10-Q on SEC EDGAR.