Cato Corporation (The) (CATO) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
8100 DENMARK ROAD CHARLOTTE, NC 28273-5975 |
| State of Incorp. | DE |
| Fiscal Year End | January 31 |
| Industry (SIC) | 5621 - Women's Clothing Stores (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 1/31/2025 | 1/31/2024 | 1/31/2023 | 1/31/2022 | 1/31/2021 | 1/31/2020 | 1/31/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 102,952 | 128,657 | 165,757 | 143,926 | 212,211 | 207,314 | |||
| Cash and cash equivalent | 23,940 | 20,005 | 19,759 | 17,510 | 11,824 | 24,603 | |||
| Short-term investments | 79,012 | 108,652 | 145,998 | 126,416 | 200,387 | 182,711 | |||
| Restricted cash and investments | 3,973 | 3,787 | 3,918 | 3,512 | 2,577 | 606 | |||
| Receivables | 29,751 | 26,497 | 55,812 | 52,743 | 26,088 | 28,137 | |||
| Inventory, net of allowances, customer advances and progress billings | 98,603 | 112,056 | 124,907 | 84,123 | 115,365 | 119,585 | |||
| Inventory | 98,603 | 112,056 | 124,907 | 84,123 | 115,365 | 119,585 | |||
| Prepaid expense | 7,783 | 6,676 | 5,273 | 5,840 | 5,237 | 11,750 | |||
| Other undisclosed current assets | 1 | 406 | 1,319 | 3,196 | |||||
| Total current assets: | 243,062 | 277,673 | 355,668 | 290,550 | 362,797 | 370,588 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 154,686 | 174,276 | 181,265 | 199,817 | 200,803 | ✕ | |||
| Property, plant and equipment | 64,022 | 70,382 | 63,083 | 72,550 | 88,667 | 94,304 | |||
| Deferred income tax assets | 9,213 | 9,313 | ✕ | ||||||
| Other noncurrent assets | 25,047 | 21,596 | 24,437 | 22,850 | 24,073 | 21,805 | |||
| Other undisclosed noncurrent assets | 5,685 | 8,636 | 11,209 | ||||||
| Total noncurrent assets: | 243,755 | 275,467 | 278,098 | 300,902 | 322,179 | 127,318 | |||
| TOTAL ASSETS: | 486,817 | 553,140 | 633,766 | 591,452 | 684,976 | 497,906 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 125,225 | 152,143 | 192,545 | 135,087 | 136,153 | 141,086 | |||
| Taxes payable | ✕ | ✕ | 17,159 | 16,138 | 18,612 | 1,703 | |||
| Employee-related liabilities | ✕ | ✕ | 1,690 | 26,488 | 1,916 | 18,913 | 11,146 | ||
| Accounts payable | 87,821 | 91,956 | 109,546 | 73,769 | 68,438 | 84,282 | |||
| Accrued liabilities | 37,404 | 41,338 | 40,373 | 40,790 | 47,099 | 45,658 | |||
| Deferred revenue | 8,143 | 8,523 | 8,308 | 8,155 | ✕ | ||||
| Debt | 63,149 | ||||||||
| Self insurance reserve | 9,500 | 7,968 | 8,462 | 10,994 | |||||
| Other liabilities | 8,682 | 8,762 | 9,062 | 6,757 | |||||
| Other undisclosed current liabilities | 36,458 | 25,561 | 25,758 | 20,941 | |||||
| Total current liabilities: | 188,008 | 202,957 | 244,135 | 181,934 | 199,302 | 141,086 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation: | 117,521 | 143,315 | 147,184 | ||||||
| Liabilities, other than long-term debt | 92,013 | 107,407 | |||||||
| Operating lease, liability | 92,013 | 107,407 | 117,521 | 143,315 | 147,184 | ✕ | |||
| Other undisclosed noncurrent liabilities | 14,475 | 16,183 | (99,607) | (123,610) | 21,976 | ||||
| Total noncurrent liabilities: | 106,488 | 123,590 | 135,435 | 163,020 | 169,160 | ||||
| Total liabilities: | 294,496 | 326,547 | 379,570 | 344,954 | 368,462 | 141,086 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 192,321 | 226,593 | 254,196 | 246,498 | 316,514 | 316,836 | |||
| Common stock | 694 | 691 | 728 | 762 | 820 | 826 | |||
| Additional paid in capital | 126,953 | 122,431 | 119,540 | 115,278 | 110,813 | 105,580 | |||
| Accumulated other comprehensive income (loss) | 395 | (1,238) | (280) | 1,155 | 1,423 | (77) | |||
| Retained earnings | 64,279 | 104,709 | 134,208 | 129,303 | 203,458 | 210,507 | |||
| Other undisclosed equity, attributable to parent | |||||||||
| Total equity: | 192,321 | 226,593 | 254,196 | 246,498 | 316,514 | 316,836 | |||
| Other undisclosed liabilities and equity | 39,984 | ||||||||
| TOTAL LIABILITIES AND EQUITY: | 486,817 | 553,140 | 633,766 | 591,452 | 684,976 | 497,906 | |||
Income Statement (P&L) ($ in thousands)
| 1/31/2025 | 1/31/2024 | 1/31/2023 | 1/31/2022 | 1/31/2021 | 1/31/2020 | 1/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 708,059 | 759,260 | 769,271 | 575,111 | 825,335 | 829,664 | ||
| Net investment income | 2,640 | 2,243 | 2,066 | 2,658 | 3,605 | 3,814,000 | ||
| Cost of revenue | (465,445) | (510,293) | (453,494) | (433,493) | (509,430) | (522,535) | ||
| Cost of product and service sold | (464,313) | (509,664) | (453,065) | (433,187) | (508,906) | (522,535) | ||
| Gross profit: | 242,614 | 248,967 | 315,777 | 141,618 | 315,905 | 307,129 | ||
| Operating expenses | (265,062) | (255,004) | (281,269) | (235,642) | (280,765) | (278,973) | ||
| Operating income (loss): | (22,448) | (6,037) | 34,508 | (94,024) | 35,140 | 28,156 | ||
| Nonoperating income (Investment Income, Nonoperating) | 5,101 | 5,902 | 2,141 | 6,630 | 6,065 | 4,991 | ||
| Interest and debt expense | (35) | (87) | (72) | (187) | (29) | (96) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 2,388 | 14,775 | 2,031 | |||||
| Income (loss) from continuing operations before equity method investments, income taxes: | (17,382) | (222) | 38,965 | (72,806) | 43,207 | 33,051 | ||
| Other undisclosed income from continuing operations before income taxes | 3,581 | 1,992 | ||||||
| Income (loss) from continuing operations before income taxes: | (13,801) | 1,770 | 38,965 | (72,806) | 43,207 | 33,051 | ||
| Income tax expense (benefit) | (10,140) | (1,741) | (2,121) | 25,323 | (7,310) | (2,590) | ||
| Income (loss) from continuing operations: | (23,941) | 29 | 36,844 | (47,483) | 35,897 | 30,461 | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | 36,844 | (47,483) | 35,897 | 30,461 | |
| Net income (loss) attributable to parent: | (23,941) | 29 | 36,844 | (47,483) | 35,897 | 30,461 | ||
| Undistributed earnings (loss) allocated to participating securities, basic | (1,347) | (12) | (1,937) | 2,096 | (1,280) | (862) | ||
| Other undisclosed net income (loss) available to common stockholders, basic | 2,694 | 24 | ||||||
| Net income (loss) available to common stockholders, diluted: | (22,594) | 41 | 34,907 | (45,387) | 34,617 | 29,599 | ||
Comprehensive Income ($ in thousands)
| 1/31/2025 | 1/31/2024 | 1/31/2023 | 1/31/2022 | 1/31/2021 | 1/31/2020 | 1/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (23,941) | 29 | 36,844 | (47,483) | 35,897 | 30,461 | ||
| Other comprehensive income (loss) | 633 | (1,980) | 35,409 | (47,751) | 37,397 | 30,705 | ||
| Other undisclosed comprehensive income (loss) | 1,000 | 1,022 | ||||||
| Comprehensive income (loss), net of tax, attributable to parent: | (22,308) | (929) | 72,253 | (95,234) | 73,294 | 61,166 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.