logo
Share SHARE
FONT-SIZE Plus   Neg

Cato Sept. Same-store Sales Down 3%; Sees Q3 EPS At High End Of Prior Range

Cato Corp. (CATO) reported that same-store sales for five weeks ended October 5, 2013 decreased 3% from the five weeks ended September 29, 2012. Sales for the five weeks were $72.9 million, a 3% increase over sales of $71.1 million last year.

Sales for the thirty-five weeks ended October 5, 2013 were $628.6 million, down 1% to sales of $637.5 million for the thirty-five weeks ended September 29, 2012. The Company's year-to-date same-store sales decreased 3% from the prior year.

The company now expect third quarter earnings per share will be at the higher end of its guidance range of $0.02 to $0.09 versus $0.16 last year.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Here is a quick summary of the earnings reported after the bell on Jul 27. 1.Del Taco Restaurants, Inc. (TACO, TACOW) Q2 Net income was $4.6 million compared to net loss of $0.1 million a year ago. Q2 Total revenue was $97.6 million, an increase of 7.0% compared to $91.2 million a year ago. *** 2.Plantronics,... Semiconductor packaging company Amkor Technology Inc. (AMKR), Monday reported a plunge in profit for the second quarter, as revenues declined and margins narrowed. The bottom line was also impacted by a debt extinguishment charge. Shares of the company fell about 14 percent in extended hours after... Hartford Financial reported a swing to profit for the second quarter, helped mainly by improved underwriting results in property and casualty business, and contribution from Talcott Resolution, while the prior year included a one-time loss from discontinued operations. Hartford's quarterly earnings easily topped Wall Street estimates...
comments powered by Disqus
RELATED NEWS
Trade CATO now with 
Follow RTT