Cato Nov. Comps, Sales Rise - Quick Facts

(RTTNews) - Retailer the Cato Corp. (CATO) reported sales for the four weeks ended November 29, 2014 of $73.8 million, up 10 percent from $67.3 million for the four week period ended November 30, 2013. Same-store sales for the month advanced 7 percent from the prior year.

Sales for the ten months ended November 29, 2014 were $813.8 million, a 7 percent climb from sales of $762.6 million for the ten months ended November 30, 2013. The company's year-to-date same-store sales increased 4 percent.

John Cato, Chairman, President, and CEO, said, "November same-store sales were above expectations. However, we remain cautious for the rest of the holiday shopping season and fourth quarter."