Cato Reports December Same-Store Sales Down 1%

"December same-store sales results were in line with expectations," stated John Cato The Company closed 12 stores during December.� As of December 31, 2011 The Cato Corporation is a leading specialty retailer of value-priced fashion apparel and accessories operating three concepts, "Cato", "Versona" and "It's Fashion".� The Company's Cato stores offer exclusive merchandise with fashion and quality comparable to mall specialty stores at low prices every day.� Versona is a unique fashion destination offering accessories and apparel including jewelry, handbags and shoes at exceptional prices every day.� It's Fashion offers fashion with a focus on the latest trendy styles