Cato: Set to lose 2019 gains after disappointing Feb sales

Cato

07/03/2019 16:23

** Women's apparel and accessories retailer's shares
 CATO.N  down 5.4 pct at $14.27 - stock set to cut nearly all
its YTD gains of 5.7 pct
    ** Co reports a 10 pct fall in February same-store sales,
saying sales were "well below" its expectations  urn:newsml:reuters.com:*:nPn1MyyLsa
    ** Stock set for its worst day in nearly two months
    ** CATO has fallen for the last four consecutive years,
sinking 10.4 pct in 2018

 (Reporting by Uday Sampath in Bengaluru)
 ((Reuters Messaging:
UdaySampath.Kumar.thomsonreuters.com@reuters.net))