Cato Corp. (CATO) Nov. Comps Rose 1%
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Cato Reports November Same-Store Sales Up 1%
December 3, 2015 7:00 AM ESTCHARLOTTE, N.C., Dec. 3, 2015 /PRNewswire/ -- The Cato Corporation (NYSE: CATO) today reported sales for the four weeks ended November 28, 2015 of $76.0 million, a 3% increase over sales of $73.8 million for the four week period ended November 29, 2014. Same-store sales for the month were up 1% to the prior year.
Sales for the ten months ended November 28, 2015 were $830.1 million, a 2% increase from sales of $813.8 million for the ten months ended November 29, 2014. The Company's year-to-date same-store sales decreased 1%.
"November same-store sales were slightly above expectations," stated John Cato, Chairman, President, and Chief Executive... More
