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Business |REPORT

Cato reports 2 percent rise in Q2 sales

The Cato Corporation reported that sales for the second quarter ended August 1, 2015 were 249.2 million dollars, up 2 percent from sales of 243.8 million dollars last year. Second quarter same-store sales were flat to last year. Net income for the quarter was 15.6 million dollars or 0.56 dollar per diluted share, compared to net income of 15.7...

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