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Cato Corp Issues Q2 2013 Guidance Below Analysts' Estimates; Comments On Q2 2013 Same Store Sales Guidance; Narrows FY 2013 EPS Guidance To A Range In Line With Analysts' Estimates

Thursday, 23 May 2013 07:00am EDT 

Cato Corp announced that for second quarter of 2013, it expects same store sales in the range of down 3% to flat and earnings per diluted share in the range of $0.42 to $0.48. For fiscal 2013, it expects earnings per diluted share to a range of $1.66 to $1.84. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $0.52 for second quarter of 2013; EPS of $1.82 for fiscal 2013. 

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