Home / Knowledge / News / Apparel/Garments / Comparable store sales up at Cato Corporation
Comparable store sales up at Cato Corporation
05
Dec '08
The Cato Corporation reported sales for the four weeks ended November 29, 2008 of $60.6 million, an increase of 4% over sales of $58.4 million for the four week period ended December 1, 2007. Comparable store sales for the month increased 2%.

Sales for the ten months ended November 29, 2008 were $697.2 million, an increase of 2% over sales of $683.4 million for the ten months ended December 1, 2007. The Company's year-to-date comparable store sales decreased 1%.

"Although November sales were better than expected, we continue to estimate fourth quarter comp store sales to be in our previous guidance range of down 3% to flat," stated John Cato, Chairman, President, and Chief Executive Officer.

In November, the Company opened four stores, relocated two stores and closed one store. New stores opened in Derby, KS, Dumas and Houston, TX and Richmond, VA. The relocated stores were in Elkin, NC and Marion, SC.

As of November 29, 2008, the Company operated 1,308 stores in 31 states, compared to 1,328 stores in 32 states as of December 1, 2007.

The Cato Corporation is a leading specialty retailer of value-priced women's fashion apparel operating two divisions, "Cato" and "It's Fashion".

Cato Corporation

Must ReadView All

Textiles | On 29th Mar 2017

'Increase in demand for organic designer linen'

There has been an increase in the demand for organic designer linen....

Apparel/Garments | On 29th Mar 2017

Jo-Ann launches 'Buy Online, Pick Up in Store' service

Jo-Ann Fabric and Craft Stores, a specialty retailer of crafts and...

Courtesy: Pratibha Syntex

Textiles | On 29th Mar 2017

Pratibha Syntex wins C&A's Best Global Supplier Award

Pratibha Syntex, a leading manufacturer and exporter of knitted...

Interviews View All

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

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
TissueGen

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

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
March 2017

March 2017

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

SUBSCRIBE


Browse Our Archives

GO


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