Cato (NYSE: CATO)
Cato Return vs. S&P
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Cato Company Info
The Cato Corp. engages in the operation of apparel and accessories specialty stores. It operates through the Retail and Credit segments. The Retail segment includes the retailing of women’s apparel, shoes, and accessories. The Credit segment offers credit card and credit authorization services. The company was founded in 1946 and is headquartered in Charlotte, NC.
News & Analysis
Why Cato Corporation Stock Jumped Today
Two factors drove shares of the apparel retailer up on Thursday.
Cato Is the Latest Retailer to Extend Store Closures and Furlough Its Workforce
Even employees at the corporate office are being furloughed, as North Carolina's strict stay-at-home directives affect its Charlotte headquarters.
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Valuation
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