The Cato Corporation (CATO) Reports February Comps Down 5% as Sales Fall 3%

The Cato Corporation (NYSE: CATO) today reported sales for the four weeks ended February 25, 2012 of $83.9 million, a 3% decrease from sales of $86.2 million for the four week period ended February 26, 2011. Same-store sales for the month decreased 5% from the prior year.

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