Cato February Same-store Sales Decline 10% - Quick Facts

(RTTNews) - Cato Corp. (CATO) reported that Same-store sales for the month of February 2015 decreased 10% from the prior year. Sales for the four weeks ended February 28, 2015 of $80.5 million, a 7% decrease over sales of $87.0 million for the four week period ended March 1, 2014.

"February sales were significantly impacted by winter storms during the last two weeks of the month," stated 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.