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CATO REPORTS CONTINUED STRONG SALES FOR OCTOBER; TOTAL SALES UP 37 PERCENT AND COMP. SALES UP 27 PERCENT

 CATO REPORTS CONTINUED STRONG SALES FOR OCTOBER;
 TOTAL SALES UP 37 PERCENT AND COMP. SALES UP 27 PERCENT
 CHARLOTTE, N.C., Nov. 5 /PRNewswire/ -- The Cato Corporation (NASDAQ-NMS: CACOA) today reported record sales for the four weeks ended October 31, 1992 of $23.4 million compared with $17.1 million for the same period a year ago, an increase of 36.5 percent. Same-store sales for October 1992, or sales in stores that were open in the comparable period last year, increased 27.1 percent compared with an 18.3 percent same-store sales increase for the same period a year ago.
 Sales of $77.7 million for the third quarter ended October 31, 1992 were 35.2 percent greater than sales of $57.4 million for the like period in 1991. The Company's year-to-date sales were $230.4 million compared to $186.6 million for 1991, an increase of 23.5 percent. Same- store sales were up 26.0 percent for the quarter and year-to-date same- store sales increased 19.1 percent.
 The Cato Corporation is a women's apparel specialty retailer operating under the names "Cato Fashion/Cato Plus" and "It's Fashion!" in 23 states. As of October 31, 1992, The Cato Corporation operated 503 stores compared to 492 stores at November 2, 1991. The Company's shares are traded on the NASDAQ National Market System under the symbol CACOA.
 -0- 11/5/92
 /CONTACT: V. Hollis Scott, Senior Vice President, Treasurer and Secretary, The Cato Corporation, 704-551-7266/
 (CACOA) CO: The Cato Corporation ST: North Carolina IN: REA SU:


JM -- CH018 -- 2856 11/05/92 08:38 EST
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Publication:PR Newswire
Date:Nov 5, 1992
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