Cato Corp. reports March SSS down 5%; March sales $102M

Sales for the nine weeks ended April 5, 2014 were $188.9M, a 1% decrease from sales of $190.2M for the nine weeks ended April 6, 2013. The company's year-to-date same-store sales were down 2% to the prior year. March sales were unfavorably impacted by the shift of Easter from late March last year to mid-April this year. The company expects April sales will be favorably impacted. Because of this shift, the best measure for performance is the combined sales for the two months.

View Comments (0)