Cato Corp. (CATO) Comps Flat in August
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The Cato Corporation (NYSE: CATO) today reported sales for the four weeks ended August 25, 2012 of $62.1 million, a 2% increase over sales of $60.6 million for the four week period ended August 27, 2011. Same-store sales in August were flat to the prior year.
Sales for the thirty weeks ended August 25, 2012 were $566.4 million, flat to sales of $565.7 million for the thirty weeks ended August 27, 2011. The Company's year-to-date same-store sales decreased 2%.
Sales for the thirty weeks ended August 25, 2012 were $566.4 million, flat to sales of $565.7 million for the thirty weeks ended August 27, 2011. The Company's year-to-date same-store sales decreased 2%.
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