Cato (CTR) May Comps Rose 2%
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Cato Corporation (NYSE: CTR) May Comparable store sales rose 2%. Total sales rose 6% to $75.9 million.
CEO John Cato said, "May sales were better than expected. Our inventory remains in line with our sales trend. We remain cautious regarding the economic environment and its impact on our customer base."
CEO John Cato said, "May sales were better than expected. Our inventory remains in line with our sales trend. We remain cautious regarding the economic environment and its impact on our customer base."
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