The Cato Corporation announced sales results for the month, third quarter and thirty-nine weeks ended October 28, 2017. The company reported sales for the four weeks ended October 28, 2017 of $62.3 million, a 10% decrease from sales of $68.9 million for the four week period ended October 29,2016. Same-store sales for the month decreased 7%.

Sales for the third quarter ended October 28, 2017 were $188.4 million, a 9% decrease from sales of $207.0 million for the third quarter ended October 29, 2016. Same-store sales for the third quarter decreased 9%.

Sales for the thirty-nine weeks ended October 28, 2017 were $631.0 million, a decrease of 13% from sales of $729.2 million for the thirty-nine weeks ended October 29, 2016. The company's year-to-date same-store sales decreased 14%.

Although October same store sales are better than the current year trend, the company's two year same store sales comparisons remain below expectations. Consequently the company expects the company's full year 2017 earnings to be significantly below last year.