John Cato


Cato Post 18% Increase in Q3 Profit

Cato advises shoppers to amp up their jewelry looks

Charlotte, NC—Cato Corp. reported an 18% increase in its third quarter income as sales increased 8%. For the quarter ended Nov 2, … [Read more...]

Back to School Lifts August Comp Sales

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New York—Retailers earned a shiny red apple in August as back to school spending helped lift sales. According to Ken Perkins, … [Read more...]

Cato Q2 Profit, Sales Rise

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Charlotte, NC—The Cato Corp. reported today that its second quarter profit rose 6% as total sales and comp sales increased. For … [Read more...]

July, a “Transitional Month,” Posts Sluggish Comp Sales

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New York—About six months ago, harsh winter weather stymied retail sales. But now it seems that warmer weather may be in factor in … [Read more...]

Discounts Help Boost May Comp Sales Ahead of Estimates

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Discounts Help Boost May Comp Sales Ahead of Estimates New York—May comparable store sales beat estimates as consumers shopped … [Read more...]

April Retail Comp Sales Jump Past Estimates

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New York—After being foiled by winter storms and bad weather and a later Easter, retailers today reported a comparable store sales … [Read more...]

Winter Weather, Promotions Hit Cato Q4 Profit, Sales

Welcome Springtime: the latest looks from Cato

Charlotte, NC—Cato Corp. today reported that winter storms and a challenging, highly competitive holiday season adversely affected … [Read more...]

Storms, Shopper Fatigue Chill January Comp Sales

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New York—January is normally the slowest month at retail, but this year the Arctic whammy from a polar vortex chilled sales more … [Read more...]

December Comp Sales Were Up—But at a Price?

Blizzard Tarnish December Retail Sales

New York—Discounts may have helped comparable store sales rise 2.7% in December, but that stronger-than-expected increase often … [Read more...]

Cato Q3 Profit Beats Estimate

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Charlotte, NC—A surprisingly strong October pushed Cato Corp. into a better-than-expected third quarter earnings report, the … [Read more...]

Promotions Helped Lift October Comp Sales Above Estimates

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New York—Political gridlock, a government shutdown and fears that the United States would default helped to deflate consumer … [Read more...]

September Comp Sales “Sluggish” as Consumer Confidence Wanes

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New York—A drop in consumer confidence, warmer temperatures, and lack of a fashion must have resulted in September comparable … [Read more...]