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BRIEF-Cato reports March same-store sales down 21 pct
April 6, 2017 / 11:10 AM / 8 months ago

BRIEF-Cato reports March same-store sales down 21 pct

April 6 (Reuters) - Cato Corp:

* Cato reports march same-store sales down 21%

* March sales fell 22 percent to $93.2 million

* March same store sales fell 21 percent

* Cato Corp says “expect current sales headwinds to continue as we work through our merchandise assortment missteps”

* Cato Corp says during month of March, company opened two stores and relocated one store

* Cato Corp says march sales were negatively impacted by shift of Easter from march last year to April this year Source text for Eikon: Further company coverage:

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