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US specialty retailer Cato Corporation's Q1 FY21 sales grow to $211 mn

Fibre2Fashion Toggle navigation 24 Pic: Cato Corporation The Cato Corporation, a US-based retailer of womens fashions and accessories, reported 114 per cent sales growth to $211.2 million in its first quarter (Q1) FY21 ended on May 1, 2021, compared to the sales of $98.8 million in the corresponding quarter of previous fiscal. The company’s net income for Q1 was $20.7 million (Q1 FY20: loss $28.4 million).   “We remain cautiously optimistic about the rem...
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