Cato April same-store sales down

The Cato Corporation, a specialty retailer of fashion apparel and accessories, has reported that same-store sales for the four weeks ended April 28, 2012 decreased 6% when compared to the four weeks ended April 30, 2011. Sales for the four weeks ended April 28, 2012 were $84.9 million, a 3% decrease, compared to $87.3 million, for the four weeks ended April 30, 2011. Same-store sales for the first quarter ended April 28, 2012 decreased 2%. Sales for the first quarter ended April 28, 2012 were $272.8 million, a 1% increase, compared to $270.9 million, for the first quarter ended