Thursday, The Cato Corp. (CATO) said its same-store sales for the month of January decreased 4% from the prior year. Net sales for the four weeks ended January 30, 2010 were down 1% to $52.1 million from $52.4 million in the prior year period.
Same-store sales for fiscal fourth quarter ended January 30, 2010 increased 2%. Sales for the quarter were $217.7 million, an increase of 4% from $209.1 million in the year-ago period.
Full-year same-store sales rose 1%. Sales for the year increased 3% to $872.1 million from $845.7 million in the previous year period.
The company said it continues to expect fourth-quarter earnings per share to be in the range of $0.20 - $0.22. Full-year earnings per share are projected to be in the range of $1.51 - $1.53. Two analysts estimate earnings of $0.22 per share for the quarter and $1.52 per share for the 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.