Department Store

Pittsburgh -- American Eagle Outfitters reported Thursday that net income for the quarter ended Oct. 30 was $33 million, compared with $59.2 million in the year-ago period. The drop was largely a result of investment losses and a prior-year tax benefit, and masked growth in sales and margins.

Total sales for the quarter increased to $752 million, compared with $736 million last year.

Same-store sales increased 1%.

Charlotte, N.C. -- The Cato Corp. reported Thursday that profit for the quarter ended Oct. 30 surged 123% to $6.7 million, compared with net income of $3 million for the third quarter ended October 31, 2009.

Sales increased 4% to $198 million, compared with $191 million for the year-ago period.

Same-store sales for the quarter increased 2%.

The retailer operated 1,281 stores in 31 states, compared with 1,291 stores in 31 states as of October 31, 2009.

Secaucus, N.J. -- The Children's Place Retail Stores reported Thursday that net income for the third quarter dropped to $31.2 million, compared with net income of $38.2 million in the prior year.

Net sales declined 2.1% to $453.4 million, compared with $463.2 million in the third quarter of fiscal 2009.

Same-store sales decreased 5.7%.

York, Pa. -- ThThe Bon-Ton Stores reported Thursday that its loss for the third quarter widened to $6.3 million, compared with a loss of $4.2 million in the prior year.e Bon-Ton Stores reported Thursday that its loss for the third quarter widened to $6.3 million, compared with a loss of $4.2 million in the prior year.

Total revenue fell to $716.9 million from $722.6 million.
 

Chicago -- Better-than-expected response to early sales promotions mixed with relatively mild weather throughout the country are already driving holiday traffic to malls and retail outlets have caused ShopperTrak to up its 2010 holiday forecast.