Cato Corp. (CATO) Reports Flat June Comps

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Cato Reports June Same-Store Sales Flat

July 12, 2018 7:00 AM EDT

CHARLOTTE, N.C., July 12, 2018 /PRNewswire/ -- The Cato Corporation (NYSE: CATO) today reported sales of $72.9 million for the five weeks ended July 7, 2018, a 2% decrease from sales of $74.7 million for the five weeks ended July 1, 2017.  Same-store sales for the five weeks ended July 7, 2018 was flat compared to the five weeks ended July 8, 2017.  June 2018 same-store sales are compared to the five week period ended July 8, 2017 due to the 53rd week in fiscal 2017.

Sales for the twenty-two weeks ended July 7, 2018 were $386.2 million, flat from sales of $386.5 million for the twenty-two weeks ended July 1, 2017.  The Company's... More