Cato Corp. (CATO) June Comps Flat

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Cato Reports June Same-Store Sales Flat To Last Year

July 9, 2015 7:00 AM EDT

CHARLOTTE, N.C., July 9, 2015 /PRNewswire/ -- The Cato Corporation (NYSE: CATO) today reported sales of $93.8 million for the five weeks ended July 4, 2015, a 2% increase over sales of $92.0 million for the five weeks ended July 5, 2014.  Same-store sales for the five-week period were flat to last year.

Sales for the twenty-two weeks ended July 4, 2015 were $463.9 million, up 1% over sales of $460.9 million for the twenty-two weeks ended July 5, 2014.  The Company's year-to-date same-store sales decreased 2%.

"June same-store sales continue to be in line with our current trend," commented John Cato, Chairman, President,... More