Cato Corp. (CATO) May Comps Increase 1%
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Cato Reports May Same-Store Sales Up 1%
June 6, 2019 7:00 AM EDTCHARLOTTE, N.C., June 6, 2019 /PRNewswire/ -- The Cato Corporation (NYSE: CATO) today reported sales of $76.1 million for the four weeks ended June 1, 2019, a 2% decrease from sales of $77.3 million for the four weeks ended June 2, 2018. Same-store sales for the four weeks ended June 1, 2019 increased 1% from the four weeks ended June 2, 2018.Â
Sales for the seventeen weeks ended June 1, 2019 were $304.2 million, a 3% decrease from sales of $313.2 million for the seventeen weeks ended June 2, 2018. The Company's year-to-date same-store sales were flat compared to last year.Â
"May same-store sales were in-line with our expectations,"... More
