John Cato


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

Only a handful of major retailers still release monthly sales results

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

Only a handful of major retailers still release monthly sales results

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

Only a handful of major retailers still release monthly sales results

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

Frigid temperatures and heavy snowfall stymied shoppers and retail employees last month

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

Cato

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...]

Economists Call August Comp Store Sales Lackluster

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New York—While all the remaining retailers who report monthly sales figures have yet to report them, the tally from economists so … [Read more...]