| Market Capitalization (Millions $) |
47 |
| Shares
Outstanding (Millions) |
19 |
| Employees |
6,700 |
| Revenues (TTM) (Millions $) |
655 |
| Net Income (TTM) (Millions $) |
0 |
| Cash Flow (TTM) (Millions $) |
-6 |
| Capital Exp. (TTM) (Millions $) |
4 |
Business Description
The Cato Corporation is a publicly-traded American retail corporation that operates mainly in the United States. The company has its headquarters in Charlotte, North Carolina, and was founded in 1946 by Mr. Wayland H. Cato. The corporation operates Cato and It's Fashion stores, and both brands offer exclusive apparel and accessories for women. As of 2021, the company has approximately 1,263 stores in 33 states in the US, and it is one of the largest privately held retailers of branded apparel and accessories for women.
The Cato Corporation stores offer a wide range of clothing categories, such as tops, dresses, bottoms, lingerie, and accessories to suit its female clientele. The company caters primarily to women's fashion, and its styles are trendy, modern, and, affordable. Cato and It's Fashion also have a website where customers can shop for their products, request delivery, or order items for collection in stores.
The Cato Corporation updates its collections on a regular basis, providing new arrivals for every season or occasion. It has various clothing sizes, including plus sizes, and it strives to accommodate a diverse range of customers. The company also offers gift cards, customer loyalty programs, and clearance sales to its shoppers. The customer loyalty program grants customers a points-based reward system, where customers earn points for making purchases, and when they reach a certain number of points, they receive a reward in exchange.
The Cato Corporation is known for providing exceptional customer service at its stores, with well-trained sales associates to assist customers with fashion needs and styling tips. The company invests in the training and development of its sales associates to ensure that they stay knowledgeable about its products.
Cato also maintains corporate social responsibility by supporting charitable causes and encouraging its employees to volunteer in their communities. According to the company's website, Cato has donated more than $12 million to organizations such as the United Way, St. Jude Childrenes Research Hospital, and the Breast Cancer Research Foundation.
In conclusion, The Cato Corporation is an American retail corporation that offers stylish and affordable clothing and accessories for women. The company operates Cato and Its Fashion stores and has a vast retail footprint in 33 states in the US. The company is known for its trendy styles, exceptional customer service, and corporate social responsibility initiatives.
Company Address: 8100 Denmark Road Charlotte 28273 NC
Company Phone Number: 554-8510 Stock Exchange / Ticker: NYSE CATO
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2.92% 
195.96 %