The Cato Corp. (CATO) Thursday said same store sales for the month of February declined amid weak environment.
Sales totaled $84.7 million, up 1 percent from $83.9 million last year. February results were helped from the delay January tax refunds.
The company also said it has closed four stores. As of now, 1,306 stores are being operated in 31 states, compared to 1,287 stores in the comparable period last year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.