Company
The Cato Corporation
Headquarters: Charlotte, NC, United States
Founded: 1946
Employees: 7,500
CEO: Mr. John P. Derham Cato
Market Cap
$144.9 Million
USD as of Jan. 1, 2024
The Cato Corporation Categories
United States Consumer Discretionary Apparel RetailUnited States Consumer Discretionary United States Apparel Retail
Top Competitors by Market Capitalization
Industry: Apparel Retail
| Company | Market Cap (USD) |
|---|---|
| Inditex | $128.56 B |
| The TJX Companies, Inc. | $105.74 B |
| Fast Retailing Co. Ltd | $76.56 B |
| Lululemon Athletica Inc. | $62.85 B |
| Ross Stores, Inc. | $45.54 B |
Detailed Description
The Cato Corporation, together with its subsidiaries, operates as a specialty retailer of fashion apparel and accessories primarily in the southeastern United States. It operates through two segments, Retail and Credit. The company's stores and e-commerce websites offer a range of apparel and accessories, including dressy, career, and casual sportswear; and dresses, coats, shoes, lingerie, costume jewelry, and handbags, as well as men's wear, and lines for kids and infants. It operates its stores and e-commerce websites under the Cato, Cato Fashions, Cato Plus, It's Fashion, It's Fashion Metro, and Versona names. As of January 29, 2022, the company operated 1,311 stores in 32 states. It also provides credit card services to its customers, as well as layaway plans for customers who agree to make periodic payments. The company was incorporated in 1946 and is headquartered in Charlotte, North Carolina.
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Stocks & Indices
The Cato Corporation has the following listings and related stock indices.
Stock: NYSE: CATO wb_incandescent
Stock: FSX: CO2A wb_incandescent
Key People
Founder(s): Wayland Cato
John P. Derham Cato (President and CEO)
Financials
Revenue: US$1.01 billion (2016)
Operating income: US$95.93 million (2016)
Net income: US$66.84 million (2016)
Total assets: US$642.34 million (2016)
Total equity: US$412.66 million (2016)