Cato (CATO)

The Company, founded in 1946, operates approximately 1,300 apparel and accessories specialty stores in 31 states under the names "Cato", “Versona”, “it’s Fashion” and "It's Fashion Metro". Cato offers the latest fashion styles for any occasion – work or play, dressy or casual in junior/misses and plus sizes, jewelry, shoes and accessories at low prices every day. A substantial portion of Cato’s merchandise is sold under its private labels and is produced by various vendors in accordance with the Company's specifications. Versona is a unique fashion destination for women's jewelry, handbags, apparel and shoes and reflects a commitment to high quality fashions at exceptional prices, every day. It’s Fashion offers the trendy looks you’ll find in mall specialty stores and It’s Fashion Metro offers urban-inspired, nationally recognized brands and the latest fashions for juniors, junior plus sizes, men and big men's, boys and girls, infants and toddlers, newborn and layette and jewelry, shoes and accessories as well, all at low prices every day. Stores primarily range in size from 3,000 to 8,000 square feet with the Cato and It’s Fashion concepts primarily in strip shopping centers while Versona stores are located in premier lifestyle centers and power centers. The Company emphasizes customer service and coordinated merchandise presentations in an appealing store environment. The Company offers its own credit card and layaway plan.

Company profile

Ticker

CATO

Exchange

NYSE

Website

www.catofashions.com

CEO

John Cato

Incorporated

Delaware

Location

North Carolina

Fiscal year end

Jan 29

Sector

Retail Trade > Men's Clothing Stores

Industry (SIC)

Retail - Women's Clothing Stores

Bath & Body Works • Victoria`s Secret & Co • Chico`s Fas • RTW Retailwinds • Christopher & Banks • Destination Maternity • La Senza ...

SEC CIK

0000018255

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

CHW LLC • Providence Insurance Company • CatoSouth LLC • Cato of Texas L.P. • Cato Southwest, Inc. • CaDel LLC • CatoWest LLC • catocorp.com, LLC • Cato Land Development, LLC • Cato WO LLC ...

IRS number

560484485

CATO stock data

1M 1Y 5Y

News

From Benzinga Pro

Stocks That Hit 52-Week Lows On Monday

13 Jun 22

During Monday's trading, 1214 companies set new 52-week lows.

Stocks That Hit 52-Week Lows On Friday

10 Jun 22

On Friday, 422 stocks made new 52-week lows.

Stocks That Hit 52-Week Lows On Tuesday

24 May 22

On Tuesday, 540 companies set new 52-week lows.

Cato Q1 EPS $0.46 Down From $0.92 YoY, Sales $206.72M Down From $213.09M YoY

19 May 22

Press releases

From Benzinga Pro

THE CATO CORPORATION ANNOUNCES REGULAR QUARTERLY DIVIDEND

20 May 22

CHARLOTTE, N.C., May 20, 2022 /PRNewswire/ -- The Board of Directors of The Cato Corporation (NYSE:CATO) declared a regular quarterly dividend of $0.17 per share. The dividend will be payable on June 27, 2022 to

CATO REPORTS 1Q EARNINGS

19 May 22

CHARLOTTE, N.C., May 19, 2022 /PRNewswire/ -- The Cato Corporation (NYSE:CATO) today reported net income of $9.7 million or $0.46 per diluted share for the first quarter ended April 30, 2022, compared to net income of

Calendar

26 May 22

9 Aug 22

29 Jan 23

Financial summary

Financial statements Chart CATO financial data

Quarter (USD)	Apr 22	Jan 22	Oct 21	Jul 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Jan 22	Jan 21	Jan 20	Feb 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	29.8M	29.8M	29.8M	29.8M	29.8M	29.8M
Cash burn (monthly)	(no burn)	(no burn)	(no burn)	(no burn)	255K	(no burn)
Cash used (since last report)	n/a	n/a	n/a	n/a	852.17K	n/a
Cash remaining	n/a	n/a	n/a	n/a	28.95M	n/a
Runway (months of cash)	n/a	n/a	n/a	n/a	113.5	n/a

Beta Read what these cash burn values mean

Financial data from Cato earnings reports.

Recent insider trades

CATO insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
18 Jun 22	Abby Shearer	Class A Common Stock	Payment of exercise	Dispose F	No	No	11.48	266	3.05K	27,330
1 Jun 22	Stowe Daniel Harding	Class A Common Stock	Grant	Acquire A	No	No	0	3,519	0	34,704.087
1 Jun 22	Patrick Bailey W	Class A Common Stock	Grant	Acquire A	No	No	0	3,519	0	34,370
1 Jun 22	Kennedy, Iii Bryan F	Class A Common Stock	Grant	Acquire A	No	No	0	3,519	0	28,566
1 Jun 22	Meckley Thomas E	Class A Common Stock	Grant	Acquire A	No	No	0	3,519	0	30,370

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Institutional ownership, Q1 2022

CATO institutional ownership history Ownership history

4.6% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	114	117	-2.6%
Opened positions	17	16	+6.3%
Closed positions	20	17	+17.6%
Increased positions	29	40	-27.5%
Reduced positions	52	43	+20.9%

13F shares	Current	Prev Q	Change
Total value	209.8M	459.19M	-54.3%
Total shares	12.43M	12.86M	-3.4%
Total puts	51.7K	100.3K	-48.5%
Total calls	54.6K	47K	+16.2%
Total put/call ratio	0.9	2.1	-55.6%

Largest owners	Shares	Value	Change
BLK Blackrock	3.14M	$46.02M	-2.5%
Dimensional Fund Advisors	1.36M	$19.92M	+3.9%
Vanguard	1.23M	$17.97M	-1.2%
Renaissance Technologies	686.2K	$10.06M	-1.9%
STT State Street	676.42K	$10.03M	+2.2%
IVZ Invesco	626.43K	$9.18M	+7.6%
Hotchkis & Wiley Capital Management	479.87K	$7.04M	+3.7%
BK Bank Of New York Mellon	377.03K	$5.53M	+4.3%
Geode Capital Management	348.38K	$5.11M	+0.4%
Arrowstreet Capital, Limited Partnership	300.15K	$4.4M	-2.8%

Largest transactions	Shares	Bought/sold	Change
GS Goldman Sachs	192.3K	-286.39K	-59.8%
BLK Blackrock	3.14M	-80.13K	-2.5%
Acadian Asset Management	20.8K	-54.91K	-72.5%
Acuitas Investments	0	-53.93K	EXIT
Dimensional Fund Advisors	1.36M	+51.18K	+3.9%
Tudor Investment Corp Et Al	50.53K	+50.53K	NEW
Yacktman Asset Management	128.45K	-50K	-28.0%
Exchange Traded Concepts	45.39K	+45.39K	NEW
IVZ Invesco	626.43K	+44.13K	+7.6%
Martingale Asset Management L P	0	-38.84K	EXIT

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

Citi Trends

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	6th grade Avg

New words: April, check, disposable, Fargo, GILTI, inflation, Intangible, Knight, mark, meeting, noncomparable, party, past, produced, shell

Removed: adverse, alter, amendment, anticipated, buying, chain, combat, continuation, corporate, development, discussed, duration, economic, expand, extending, extent, Facilitation, fashion, generally, goodwill, higher, historical, implement, incentive, liability, made, municipal, possession, predict, price, priced, pricing, processing, proprietary, public, quickly, rapidly, recorded, reflect, reform, regular, respond, result, sale, scope, separate, southeastern, spread, state, strategy, successfully, Topic, vesting, weather, work

From filing 10-Q 2022 Q1

Financial reports

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