Home / Knowledge / News / Apparel/Garments / Cato's inventory remains in line with sales
Cato's inventory remains in line with sales
Jun '08
The Cato Corporation reported sales of $80.5 million for the four weeks ended May 31, 2008, a 6% increase over sales of $75.9 million for the four weeks ended June 2, 2007. Comparable store sales for the month increased 2%.

Sales for the seventeen weeks ended May 31, 2008 were $306.3 million, a 2% increase over sales of $300.1 million for the seventeen weeks ended June 2, 2007. The Company's year-to-date comparable store sales decreased 1%.

"May sales were better than expected," commented John Cato, the Company's Chairman, President, and Chief Executive Officer. "Our inventory remains in line with our sales trend. We remain cautious regarding the economic environment and its impact on our customer base."

During the month of May, the Company opened four new stores and closed one store. The new stores are in Talladega, AL, Chiefland, FL, Laurinburg, NC and Killeen, TX. As of May 31, 2008, the Company operated 1,329 stores in 32 states, compared to 1,290 stores in 31 states as of June 2, 2007.

Cato Corporation

Must ReadView All

Courtesy: Applied DNA Sciences

Apparel/Garments | On 24th Feb 2017

SigNatureT DNA can help prevent apparel counterfeiting

SigNatureT DNA is forensic molecular tag by Applied DNA Sciences...

Textiles | On 24th Feb 2017

Pakistan's textile exports down 1.54% in July-Jan FY17

The value of textile and garment exports made by Pakistan decreased...

Courtesy: The Irish News/Christian Cowan (Google)

Fashion | On 24th Feb 2017

Google & Christian Cowan create 'really blue' jeans

Google has partnered with British fashion designer Christian Cowan to ...

Interviews View All

C. Dhandayuthapani
Mag Solvics Pvt. Ltd

ITME 2016 exploited our full strength like never before

Mandeep Nagi
Shades of India

Women value something that is unique and has a flavour of India

Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Kevin Nelson

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

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

February 2017

February 2017

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


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search