Cato Corp. (CATO) Reports Flat May Comps
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Cato Reports May Same-Store Sales Flat To Last Year
June 4, 2015 7:00 AM EDTCHARLOTTE, N.C., June 4, 2015 /PRNewswire/ -- The Cato Corporation (NYSE: CATO) today reported sales of $88.5 million for the four weeks ended May 30, 2015, a 2% increase versus sales of $86.4 million for the four weeks ended May 31, 2014. Same-store sales for the month were flat to last year.
Sales for the seventeen weeks ended May 30, 2015 were $370.1 million, which were slightly higher than sales of $368.9 million for the seventeen weeks ended May 31, 2014. The Company's year-to-date same-store sales decreased 2%.
"May same store sales continued at our recent trend over the last several months at... More
