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THE CATO CORPORATION REPORTS JUNE SALES UP 25 PERCENT; COMPS UP 10 PERCENT

 CHARLOTTE, N.C., July 8 /PRNewswire/ -- The Cato Corporation (NASDAQ-NMS: CACOA) reported that its June sales for the five weeks ended July 3 were $35.7 million, an increase of 25 percent from sales of $28.4 million for the comparable period ended July 4, 1992. Same-store sales for June 1993, or sales in stores that were open in the comparable month last year, increased 10 percent, following a 14 percent same-store sales increase for June 1992.
 For the 22 weeks ended July 3, 1993, sales were $161.2 million compared with $128.6 million for the same period in 1992, an increase of 25 percent. The company's year-to-date same-store sales increased 11 percent.
 The Cato Corporation is a women's apparel specialty retailer operating under the names "Cato Fashions/Cato Plus" and "It's Fashion!" in 22 states. As of July 3, 1993, the company had 541 stores compared to 495 stores at July 4, 1992.
 -0- 7/8/93
 /CONTACT: V. Hollis Scott, Senior Vice President and Treasurer, The Cato Corporation, 704-551-7266/
 (CACOA)


CO: The Cato Corporation ST: North Carolina IN: REA SU:

CM -- CH002 -- 9334 07/08/93 08:34 EDT
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Publication:PR Newswire
Date:Jul 8, 1993
Words:192
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