Cato February same-store sales decline 10 percent

The Cato Corporation sales for the four weeks ended February 28, 2015 of 80.5 million dollars declined 7 percent over sales of 87 million dollars for the four week period ended March 1, 2014. Same-store sales for the month decreased 10 percent compared to the prior year.

“February sales were significantly impacted by winter storms during the last two weeks of the month," said John Cato, Chairman, President, and Chief Executive Officer.

As of February 28, 2015, the company operated 1,348 stores in 32 states, compared to 1,320 stores in 32 states as of March 1, 2014.