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The Cato (The Cato) Change in Same Store Sales % : -3.00% (As of Jan. 2024)


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What is The Cato Change in Same Store Sales %?

Same-store sales, also known as comparable-store sales, is the most important financial metric in the retail industry to evaluate the performance of existing stores. It equals the percentage growth of the average sales per store from the previous period to current period.

A positive number indicates that more sales are generated in the same store compared with the previous period, which suggests growing demand. The higher the number is, the more growth the retailer has.

The Cato's Change in Same Store Sales % for the quarter that ended in Jan. 2024 was -3.00% , which is higher than -8.00% for the pervious quarter ended in Oct. 2023.

The Cato's Change in Same Store Sales % for the annual that ended in Jan. 2024 was -6.00% , which is lower than -1.00% for the pervious year ended in Jan. 2023.

The historical rank and industry rank for The Cato's Change in Same Store Sales % or its related term are showing as below:

CATO's Change in Same Store Sales % is not ranked *
in the Retail - Cyclical industry.
Industry Median:
* Ranked among companies with meaningful Change in Same Store Sales % only.

The Cato Change in Same Store Sales % Historical Data

The historical data trend for The Cato's Change in Same Store Sales % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

The Cato Change in Same Store Sales % Chart

The Cato Annual Data
Trend Jan20 Jan21 Jan22 Jan23 Jan24
Change in Same Store Sales %
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Average Sales per Store (USD Mil)
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The CatoQuarterly Data
Trend Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Change in Same Store Sales %
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Competitive Comparison of The Cato's Change in Same Store Sales %

For the Apparel Retail subindustry, The Cato's Change in Same Store Sales %, along with its competitors' market caps and Change in Same Store Sales % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


The Cato  (NYSE:CATO) Change in Same Store Sales % Explanation

Same-store sales, also known as comparable-store sales, is the most important financial metric in the retail industry to evaluate the performance of existing stores. It equals the percentage growth of the average sales per store from the previous period to current period.

A positive number indicates that more sales are generated in the same store compared with the previous period, meaning growing demand, while a negative number indicates the opposite. The higher the number is, the more growth the retailer has.

Same-store sales can be improved by two factors: average ticket size and the number of tickets. If each customer buys more, the average ticket size will increase. If more customers come to the store, the number of tickets will increase.


The Cato Change in Same Store Sales % Related Terms

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The Cato (The Cato) Business Description

Traded in Other Exchanges
Address
8100 Denmark Road, Charlotte, NC, USA, 28273-5975
The Cato Corp operates as a specialty retailer of fashion apparel and accessories primarily in the southeastern United States. Its primary objective is to be the fashion specialty retailer for fashion and value in its markets. The company operates through the following business segments: Retail and Credit. The Retail segment which generates majority revenue offers fashion specialty stores. The Credit segment involves credit card services.
Executives
Bailey W Patrick director
Cato John P D director, officer: CHAIRMAN/PRESIDENT/CEO CATO CORP, PO BOX 34216, CHARLOTTE NC 28234
Audrey Schwarz officer: Vice President, DMM PO BOX 34216, CHARLOTTE NC 28234
Charles D Knight officer: EVP - Chief Financial Officer TOYS R US, INC., ONE GEOFFREY WAY, WAYNE NJ 07470-2030
Hang Matchett officer: SVP-Mdse Plan, Alloc&Ctrl, MIO PO BOX 34216, CHARLOTTE NC 28234
Karen Anne Collins officer: SVP-Tsry,Tax,Fin Pln,Tax,Cr,IR PO BOX 34216, CHARLOTTE NC 28234
Theresa J Drew director ONE NORTH SECOND STREET, HARTSVILLE SC 29550
Daniel Harding Stowe director CATO CORP, PO BOX 34216, CHARLOTTE NC 28234-4216
Abby Shearer officer: SVP, General Merchandise Mgr PO BOX 34216, CHARLOTTE NC 28234
Lewis Pamela S Dr director QUEENS UNIVERSITY OF CHARLOTTE, 1900 SELWYN AVENUE, CHARLOTTE NC 28274
Scott Gurvis officer: SVP,Treasury, Fin Plan, Credit PO BOX 34216, CHARLOTTE NC 28234
Weisiger, Jr Edward I director PO BOX 34216, CHARLOTTE NC 28234
Vickie Smith officer: SVP, MERCH PLNG, ALLOC & CNTL C/O DESTINATION XL GROUP, INC., 555 TURNPIKE STREET, CANTON MA 02021
Lisa Krows officer: SVP, DESIGN, TREND & COLOR PO BOX 34216, CHARLOTTE NC 28234
Cathy Bailey officer: SVP, GMM (CATO DIV) PO BOX 34216, CHARLOTTE NC 28234

The Cato (The Cato) Headlines

From GuruFocus

THE CATO CORPORATION ANNOUNCES REGULAR QUARTERLY DIVIDEND

By PRNewswire PRNewswire 11-18-2022

CATO REPORTS 1Q EARNINGS

By PRNewswire PRNewswire 06-18-2022

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By PRNewswire PRNewswire 06-08-2022

THE CATO CORPORATION ANNOUNCES REGULAR QUARTERLY DIVIDEND

By PRNewswire PRNewswire 06-19-2022

THE CATO CORPORATION ANNOUNCES REGULAR QUARTERLY DIVIDEND

By PRNewswire PRNewswire 05-30-2022

CATO REPORTS 1Q EARNINGS

By PRNewswire PRNewswire 06-28-2022

THE CATO CORPORATION ANNOUNCES REGULAR QUARTERLY DIVIDEND

By PRNewswire PRNewswire 05-19-2023