
Cato Corp
NYSE:CATO

Cato Corp
The Cato Corp. engages in the operation of apparel and accessories specialty stores. The company is headquartered in Charlotte, North Carolina and currently employs 7,500 full-time employees. The firm has two segments: the operation of a fashion specialty store segment (Retail Segment) and a credit card segment (Credit Segment). Its merchandise lines include dressy, career and casual sportswear, dresses, coats, shoes, lingerie, costume jewelry, handbags, men’s wear, and lines for kids and infants. The apparel specialty stores operate under the names Cato, Cato Fashions, Cato Plus, It’s Fashion, It’s Fashion Metro and Versona, including e-commerce Websites. The firm offers its own credit card to its customers and all credit authorizations, payment processing and collection efforts are performed by a separate subsidiary of the Company. The company operates approximately 1,311 fashion specialty stores in over 32 states, principally in the southeastern United States.