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Shoppers turned the other cheek when it came to discount fashion retailer Cato Corp.'s  (CATO) - Get Cato Corporation (The) Class A Report offerings last month, with the company reporting a sharp drop in same-store sales.

The "Cato," "Versona," and "It's Fashion" discount womens' retail chain operator on Thursday reported sales for the four weeks ended March 2, of $59.1 million, a 12% drop from sales of $67.2 million for the comparable four-week period a year earlier. Same-store sales for the month decreased 10% from the prior year.

"February same-store sales were well below our expectations," CEO John Cato said in a statement.

As of March 2, Cato operated 1,308 stores in 31 states, compared to 1,351 stores in 33 states as of March 3, 2018. The company shuttered three of its stores in February.

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The company joins a growing list of retailers seeing declines in both same-store sales and general foot traffic - partly due to a slowing economy and also due to shifting shopping habits among consumers.

Online retailer this week said it will close all 87 of its U.S. pop-up stores as the company continues to retool its bricks-and-mortar strategy to best accommodate consumers' shopping demands.

Cato's board on March 1 approved a regular quarterly dividend of 33 cents a share, payable on March 26, to shareholders of record on March 11.

Shares of Cato were little changed in premarket trading on the New York Stock Exchange.