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Zumiez Inc. (NASDAQ: ZUMZ), Cato Corp (NYSE: CATO) Bloodbath On Thursday

A brutal day in the apparel store sector is taking shape after monthly sales reports from L Brands (LB -10.6%), Cato Corp (NYSE: CATO) 21.14 USD −3.75 (15.07%)), Zumiez Inc. (NASDAQ: ZUMZ) and Buckle (BKE -9.6%) disappointed.

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Mall names being swept into the selling wave include American Eagle Outfitters (AEO -4.6%), Ascena Retail Group (ASNA -3.2%), Urban Outfitters (URBN -3.2%), Abercrombie & Fitch (ANF -2.5%), The Children’s Place (PLCE -2.1%), Guess (GES -2.4%), Chico’s FAS (CHS -2.4%) and Francesca’s (FRAN -1.3%).

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