Cato Corporation (The) (CATO) Financial Statements (2024 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)Annual | Quarterly
| 4/30/2024 Q1 | 1/31/2024 Q4 | 10/31/2023 Q3 | 7/31/2023 Q2 | 4/30/2023 Q1 | 1/31/2023 Q4 | 10/31/2022 Q3 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 102,952 | 118,576 | 133,199 | 127,392 | 128,657 | 145,740 | |||
| Cash and cash equivalents | 23,940 | 25,024 | 55,977 | 39,642 | 20,005 | 17,282 | |||
| Short-term investments | 79,012 | 93,552 | 77,222 | 87,750 | 108,652 | 128,458 | |||
| Restricted cash and investments | 3,973 | 3,908 | 3,877 | 3,826 | 3,787 | 3,743 | |||
| Receivables | 29,751 | 31,115 | 26,915 | 28,192 | 26,497 | 25,679 | |||
| Inventory, net of allowances, customer advances and progress billings | 98,603 | 98,872 | 92,718 | 106,813 | 112,056 | 116,718 | |||
| Inventory | 98,603 | 98,872 | 92,718 | 106,813 | 112,056 | 116,718 | |||
| Prepaid expense | 7,783 | 8,591 | 7,098 | 7,298 | 6,676 | 6,947 | |||
| Total current assets: | 243,062 | 261,062 | 263,807 | 273,521 | 277,673 | 298,827 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 154,686 | 123,583 | 138,331 | 155,512 | 174,276 | 140,176 | |||
| Property, plant and equipment | 64,022 | 66,302 | 73,871 | 74,187 | 70,382 | 70,595 | |||
| Deferred income tax assets | 10,977 | 9,888 | 9,938 | 9,213 | 9,844 | ||||
| Other noncurrent assets | 25,047 | 25,444 | 21,770 | 21,478 | 21,596 | 21,103 | |||
| Total noncurrent assets: | 243,755 | 226,306 | 243,860 | 261,115 | 275,467 | 241,718 | |||
| TOTAL ASSETS: | 486,817 | 487,368 | 507,667 | 534,636 | 553,140 | 540,545 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 125,225 | 129,418 | 123,413 | 131,101 | 152,143 | 144,996 | |||
| Taxes payable | ✕ | ✕ | ✕ | ✕ | ✕ | 17,159 | 2,838 | ||
| Employee-related liabilities | ✕ | ✕ | ✕ | ✕ | ✕ | 1,690 | ✕ | ||
| Accounts payable | 87,821 | 86,897 | 84,867 | 88,508 | 91,956 | 95,155 | |||
| Accrued liabilities | 37,404 | 42,521 | 38,546 | 42,593 | 41,338 | 47,003 | |||
| Deferred revenue | 8,143 | 6,622 | 6,924 | 7,296 | 8,523 | 5,560 | |||
| Self insurance reserve | 9,500 | 7,968 | |||||||
| Other liabilities | 8,682 | 8,762 | |||||||
| Other undisclosed current liabilities | 36,458 | 48,184 | 30,065 | 47,244 | 25,561 | 52,872 | |||
| Total current liabilities: | 188,008 | 184,224 | 160,402 | 185,641 | 202,957 | 203,428 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation: | 85,622 | ||||||||
| Liabilities, other than long-term debt | 92,013 | 87,326 | 121,573 | 122,214 | 107,407 | 17,914 | |||
| Other liabilities | 16,183 | 16,183 | 16,449 | 17,914 | |||||
| Operating lease, liability | 92,013 | 71,143 | 105,390 | 105,765 | 107,407 | 85,622 | |||
| Other undisclosed noncurrent liabilities | 14,475 | (1,500) | 159 | 16,183 | (1,226) | ||||
| Total noncurrent liabilities: | 106,488 | 85,826 | 121,732 | 122,214 | 123,590 | 102,310 | |||
| Total liabilities: | 294,496 | 270,050 | 282,134 | 307,855 | 326,547 | 305,738 | |||
| Equity | |||||||||
| Equity, attributable to parent | 192,321 | 217,318 | 225,533 | 226,781 | 226,593 | 234,807 | |||
| Common stock | 694 | 695 | 695 | 683 | 691 | 705 | |||
| Additional paid in capital | 126,953 | 125,949 | 124,798 | 123,555 | 122,431 | 121,314 | |||
| Accumulated other comprehensive income (loss) | 395 | (515) | (716) | (883) | (1,238) | (2,054) | |||
| Retained earnings | 64,279 | 91,189 | 100,756 | 103,426 | 104,709 | 114,842 | |||
| Total equity: | 192,321 | 217,318 | 225,533 | 226,781 | 226,593 | 234,807 | |||
| TOTAL LIABILITIES AND EQUITY: | 486,817 | 487,368 | 507,667 | 534,636 | 553,140 | 540,545 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 4/30/2024 Q1 | 1/31/2024 Q4 | 10/31/2023 Q3 | 7/31/2023 Q2 | 4/30/2023 Q1 | 1/31/2023 Q4 | 10/31/2022 Q3 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 174,882 | 158,256 | 182,871 | 192,050 | 179,049 | 176,626 | ||
| Cost of revenue | (119,909) | (105,832) | (117,617) | (122,087) | (122,549) | (123,752) | ||
| Cost of goods and services sold | (105,832) | (117,617) | (122,087) | (123,752) | ||||
| Gross profit: | 54,973 | 52,424 | 65,254 | 69,963 | 56,500 | 52,874 | ||
| Operating expenses | (71,937) | (64,296) | (64,128) | (64,356) | (63,657) | (64,261) | ||
| Operating income (loss): | (16,964) | (11,872) | 1,126 | 5,607 | (7,157) | (11,387) | ||
| Nonoperating income (Investment Income, Nonoperating) | 1,347 | 1,523 | 1,334 | 897 | 1,337 | 2,278 | ||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (35) | (87) | ||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | (15,652) | (10,349) | 2,460 | 6,504 | (5,907) | (9,109) | ||
| Other undisclosed income from continuing operations before income taxes | 3,171 | 65 | 1,669 | |||||
| Income (loss) from continuing operations before income taxes: | (12,481) | (10,349) | 2,460 | 6,569 | (4,238) | (9,109) | ||
| Income tax expense (benefit) | (10,937) | 4,272 | (1,333) | (2,141) | 1,247 | 4,656 | ||
| Income (loss) from continuing operations: | (23,418) | (6,077) | 1,127 | 4,428 | (2,991) | (4,453) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | (4,453) | |
| Net income (loss) attributable to parent: | (23,418) | (6,077) | 1,127 | 4,428 | (2,991) | (4,453) | ||
| Undistributed earnings (loss) allocated to participating securities, basic | (1,396) | 346 | (54) | (227) | 141 | 240 | ||
| Other undisclosed net income available to common stockholders, basic | 2,694 | 24 | ||||||
| Net income (loss) available to common stockholders, diluted: | (22,120) | (5,731) | 1,073 | 4,201 | (2,826) | (4,213) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 4/30/2024 Q1 | 1/31/2024 Q4 | 10/31/2023 Q3 | 7/31/2023 Q2 | 4/30/2023 Q1 | 1/31/2023 Q4 | 10/31/2022 Q3 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (23,418) | (6,077) | 1,127 | 4,428 | (2,991) | (4,453) | ||
| Other undisclosed comprehensive income (loss) | 1,633 | (958) | ||||||
| Comprehensive income (loss): | (21,785) | (6,077) | 1,127 | 4,428 | (3,949) | (4,453) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (723) | 201 | 167 | 355 | 1,774 | (629) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (22,508) | (5,876) | 1,294 | 4,783 | (2,175) | (5,082) | ||
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.