Advanced Search
Showcase your textile machinery businesses with 360-degree marketing approach. Know more! | Ad
Home / Knowledge / News / Apparel/Garments / Cato Corp sales hike 6% to $86.4mn in May
Cato Corp sales hike 6% to $86.4mn in May
05
Jun '14
The Cato Corporation reported sales of $86.4 million for the four weeks ended May 31, 2014, a 6% increase versus sales of $81.7 million for the four weeks ended June 1, 2013.  Same-store sales for the month increased 3%.
 
Sales for the seventeen weeks ended May 31, 2014 were $368.9 million, a 6% increase versus sales of $348.9 million for the seventeen weeks ended June 1, 2013.  The Company's year-to-date same-store sales increased 3%.
 
"May sales continued our recent trend," stated John Cato, the Company's Chairman, President, and Chief Executive Officer.  "However, we continue to expect the remainder of the year will be in line with our original guidance."
 
During the month of May, the Company opened two stores and closed one store.  New stores opened in Winter Park, FL and Odessa, TX.  As of May 31, 2014, the Company operated 1,325 stores in 32 states, compared to 1,307 stores in 31 states as of June 1, 2013.
 
The Cato Corporation is a leading specialty retailer of value-priced fashion apparel and accessories operating three concepts, "Cato", "Versona" and "It's Fashion".  The Company's Cato stores offer exclusive merchandise with fashion and quality comparable to mall specialty stores at low prices every day.  
 
Versona is a unique fashion destination offering accessories and apparel including jewelry, handbags and shoes at exceptional prices every day.  It's Fashion offers fashion with a focus on the latest trendy styles for the entire family at low prices every day.
 

The Cato Corporation
More Cato Corporation News... More Apparel/Garments News - United States Of America...

Must ReadView All

Textiles | On 24th Jul 2017

Govt extends deadline for GST composition scheme to Aug 16

The Government on India has extended the deadline for small...

L-R: Dhanapal, JMD, Best Corporation; Prabhu Damodaran, Convenor, ITF; Narayanasamy, MD, Micro Cotspin; Senthilnathan, MD Rasitex India; and Sabapathy, MD, Prasanna Spinning Mills

Textiles | On 24th Jul 2017

TN mills seek partnership with cotton growing states

Spinning mills in Tamil Nadu are seeking stronger partnership with...

Textiles | On 24th Jul 2017

Irani terms GST as a ‘great step towards transparency’

Union textiles minister Smriti Irani has termed the Goods and...

Interviews View All

Nishank Patel
Shri Dinesh Mills Limited

Broad range of fabrics will sell well this financial year

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Search Companies

Search Companies

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor





(Max. 8000 char.)

Search Companies




SEARCH

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

Recommended

Tailored Brands’ board becomes member of NACD

Apparel/Garments | On 23rd Jul 2017

Tailored Brands’ board becomes member of NACD
NRF urges Congress to reject border adjustment tax
NRF urges Congress to reject border adjustment tax
Courtesy: Hanesbrands
HanesBrands partners Lazarus Alliance for compliance audit
Counterfeiting fear keeps sellers away from Amazon: Report
Counterfeiting fear keeps sellers away from Amazon: Report

news category

Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.

    Supported Payment Gateways



Copyright © 2017. All rights reserved by Fibre2Fashion Pvt. Ltd.
Advanced Search



Tukatech
X