Cato Jan. Comps, Sales Climb 14% - Quick Facts

(RTTNews) - Specialty retailer The Cato Corp. (CATO) Thursday said sales for the four weeks ended January 31, 2015, climbed 14 percent to $54.9 million from $48.1 million for the four weeks ended February 1, 2014.

Same-store sales for the month also increased 14 percent from last year. According to the company, January same-store sales results were positively impacted by adverse weather in the prior year.

Sales for fiscal fourth quarter jumped 10 percent to $237.8 million from $215.5 million. For the quarter, same-store sales increased 8 percent from last year.

John Cato, Chairman, President, and Chief Executive Officer, said, "We continue to expect fourth quarter EPS results will be within our previous range of $0.25 to $0.29 versus $0.13 last year. For the year, we continue to expect diluted earnings per share will be within the range of $2.07 to $2.11 versus $1.86 last year."