Cato Reports June Sales

The Company's year-to-date same-store sales decreased 2%.

The Luxonomist. 15/07/2015
Cato 1
Cato Fashion. Click to buy

The Cato Corporation (NYSE: CATO) 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.

Cato 3
Cato Fashion. Click to buy

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, and Chief Executive Officer.

Cato 2
Cato Fashion. Click to buy

During the month of June, the Company opened two stores.  New stores opened in Portsmouth, VA and Dallas, TX.  As of July 4, 2015, the Company operated 1,355 stores in 32 states, compared to 1,328 stores in 32 states as of July 5, 2014.

Cato 4
Cato Fashion. Click to buy

The Cato Corporation is a leading specialty retailer of value-priced fashion apparel and accessories operating three concepts, «Cato», «Versona» and «It’s Fashion».

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