Cato (CTR) Reports June Same-Store Sales Down 3%
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The Cato Corporation (NYSE: CTR) reported sales of $86.8 million for the five weeks ended July 4, 2009, a 2% decrease from sales of $88.3 million for the five weeks ended July 5, 2008. Same-store sales for the five-week period decreased 3%.
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Sales for the twenty-two weeks ended July 4, 2009 were $403.0 million, a 2% increase over sales of $394.6 million for the twenty-two weeks ended July 5, 2008. The Company's year-to-date same-store sales increased 1%.
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Sales for the twenty-two weeks ended July 4, 2009 were $403.0 million, a 2% increase over sales of $394.6 million for the twenty-two weeks ended July 5, 2008. The Company's year-to-date same-store sales increased 1%.
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