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THE CATO CORPORATION REPORTS SALES INCREASE OF 22% FOR DECEMBER

 CHARLOTTE, N.C., Jan. 6 /PRNewswire/ -- The Cato Corporation (NASDAQ: CACOA) today reported that its December sales for the five weeks ended Jan. 1 reached a record high of $60.2 million which compares with $49.4 million for the same period a year ago, an increase of 22%. Same-store sales for December 1993, or sales in stores that were open and were not expanded or relocated since December 1992, increased 5% following a 20% same-store sales increase for December 1992.
 Sales for the forty-eight weeks ended Jan. 1, 1994, were $385.3 million, an increase of 24% over sales of $312.0 million for the same period in 1992. The company's year-to-date same-stores sales increased 9% following a 19% same-store sales increase for the first 11 months of 1992.
 The Cato Corporation is a women's apparel specialty retailer operating under the names "Cato Fashion/Cato Plus" and "It's Fashion!" in 22 states. As of Jan. 1, 1994, The Cato Corporation operated 581 stores compared to 511 stores at Jan. 2, 1993.
 -0- 1/6/94
 /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: SLS

CM -- CH001 -- 9629 01/06/94 08:19 EST
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Publication:PR Newswire
Date:Jan 6, 1994
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