The company filed an organized corporate report but specific details about its operations, financials, or customer base are not explicitly provided.

# Company Summary

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## What is known:
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## Summary:
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- Specific data regarding the company's activities, customer base, employee count, revenue, or income are **not provided in the visible text**.

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The Cato Corporation is a fashion specialty retailer operating 1,178 stores across the southeastern United States, offering quality apparel and accessories primarily for women and girls.

# Company Summary: The Cato Corporation

## Overview
The Cato Corporation is a fashion specialty retailer that operates primarily in the southeastern United States. Founded in 1946, the company operates under several retail formats, including **Cato, Cato Fashions, Cato Plus, It’s Fashion, It’s Fashion Metro**, and **Versona**. As of February 3, 2024, Cato operates **1,178 stores** across **31 states**.

## Business Model
Cato specializes in offering quality fashion apparel and accessories at low prices, targeting primarily women and girls. Their merchandise includes:
- Dressy, career, and casual sportswear
- Dresses
- Coats
- Shoes
- Lingerie
- Costume jewelry
- Handbags

The company emphasizes customer service and coordinated merchandise presentation, aiming to create a pleasant shopping experience. Cato also provides its customers with credit card options and a layaway plan, with **6%** of retail sales in fiscal 2023 coming from these services.

## Financial Performance
- **Revenue**: For the fiscal year ended February 3, 2024, Cato reported retail sales of **$700.3 million**, down **6.9%** from **$752.4 million** the previous year.
- **Net Income (Loss)**: In fiscal 2023, the company posted a **net loss of $23.9 million**, compared to a profit of **$29,000** in fiscal 2022. This loss impacted the company’s earnings per share, resulting in a basic and diluted EPS of **$(1.17)** for 2023.
- **Total Revenues**: Total revenues for fiscal 2023, including other sources, totaled **$708.1 million**.

## Workforce
As of February 3, 2024, Cato employs approximately **7,300 associates** in full-time and part-time roles. The company is not a party to any collective bargaining agreements and considers its associate relations to be good, with over **80% of store and field management** promoted from within.

## Customer Base
Cato positions itself within the fashion retail space to cater primarily to women, including offerings for juniors and plus sizes. While the exact number of customers is not disclosed, the company's operations across 1,178 stores suggest a significant customer reach, with an emphasis on maintaining a loyal customer base through promotions and affordable pricing strategies.

## Market Position
Cato distinguishes itself from competitors like discount department stores and online retailers by focusing on fashionable and value-driven merchandise. The company’s strategy includes maintaining cash flow through its proprietary credit offerings and focusing on a strong in-store customer experience. 

Overall, The Cato Corporation remains committed to being a leading fashion specialty retailer by effectively navigating market challenges, focusing on operational efficiencies, and providing diverse clothing options at competitive prices.

CATO CORP

10-K / March 31, 2025

10-K / March 27, 2024

10-K / March 31, 2025

Company Summary

What is known:

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