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Stock impact report

Cato Reports July Same-Store Sales Up 4%

Cato Corporation (The) Class A (CATO) 
Last cato corporation (the) class a earnings: 3/16 07:00 am Check Earnings Report
US:NYSE Investor Relations: catofashions.com/info/investor-relations
Company Research Source: PR Newswire
CHARLOTTE, N.C., Aug. 8, 2019 /PRNewswire/ -- The Cato Corporation (NYSE: CATO) today reported sales of $57.5 million for the four weeks ended August 3, 2019, up 1% to sales of $56.7 million for the four weeks ended August 4, 2018.  Same-store sales for the four weeks ended August 3, 2019 were up 4% compared to the four weeks ended August 4, 2018.Sales for the second quarter ended August 3, 2019 were $210.2 million, up 2% to sales of $206.9 million for the second quarter ended August 4, 2018.  Second quarter same-store sales were up 4% compared to the thirteen weeks ended August 4, 2018.Sales for the first half were $438.3 million, down 1% to the prior year's first half sales of $442.9 million.  Same-store sales for the first half were up 1% compared to the twenty-six weeks ended August 4, 2018."Sales were above our expectations," commented John Cato, Chairman, President, and Chief Executive Officer. "We are encouraged by our current trend, however we remain cautious about the seco Show less Read more
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