Brief: Cato Reports October Same-Store Sales Down 1%

Cato

08/11/2018 12:38

Nov 8 (Reuters) - Cato Corp  CATO.N :
    * CATO REPORTS OCTOBER SAME-STORE SALES DOWN 1%
    * OCTOBER SALES $62.1 MILLION VERSUS $62.3 MILLION
    * Q3 SALES $187.9 MILLION VERSUS $188.4 MILLION
    * OCTOBER SAME STORE SALES FELL 1 PERCENT
    * SAME-STORE SALES FOR Q3 INCREASED 1%.
    * SAME-STORE SALES IN OCTOBER HAD A SLIGHT NEGATIVE IMPACT
FROM
HURRICANE MICHAEL CAUSING BUSINESS DISRUPTION AND CLOSED STORES
    * "OCTOBER SAME-STORE SALES WERE BELOW OUR EXPECTATIONS"

Source text for Eikon:  ID:nPnrLzKa 
Further company coverage:  CATO.N 

 ((Reuters.Briefs@thomsonreuters.com))