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Report |REPORT

Cato April sales decline, expects to report rise in Q1 earnings

The Cato Corporation has reported sales of 81.9 million dollars for the four weeks ended April 30, 2016, a 3 percent decrease from sales of 84.1 million dollars for the four weeks ended May 2, 2015. Same-store sales decreased 3 percent for the month. “We now expect first quarter earnings per diluted share will be in the range of 1.23 dollars to...

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