Cato's Operations Are Eating The Deep Value Play [Seeking Alpha]
Cato Corporation (The) Class A (CATO)
Last cato corporation (the) class a earnings: 3/16 07:00 am
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US:NYSE Investor Relations:
catofashions.com/info/investor-relations
Company Research
Source: Seeking Alpha
The brand's value proposition seems outdated and not ideal for the current apparel retail landscape. Cato's operational efficiency is low, and there is a potential for large cash losses if revenues continue to decline. Cato Corporation ( NYSE: CATO ) is an American apparel retailer. The company's stock is a deep value battleground because of its low EV and strong balance sheet coupled with dismal last-decade operational results. I analyze Cato's brand value proposition in this review and discuss some operational challenges. The brand seems outdated, the value proposition is not ideal for apparel retailers in the current context, and operational efficiencies are low. On the deep value debate, I recognize the company's dividend potential because of its cash holdings. However, I also see the potential for large cash losses if revenues continue falling, which would quickly close the valuation gap for the negative. I settle for a Hold rating for Cato and wait for signs of oper
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CATO
News
- CATO REPORTS 4Q AND FULL YEAR LOSS [Yahoo! Finance]Yahoo! Finance
- CATO REPORTS 4Q AND FULL YEAR LOSSPR Newswire
- The Cato Co. (NYSE: CATO) was downgraded by analysts at TheStreet from a "c-" rating to a "d+" rating.MarketBeat
- Cato Corporation: Commercially Doomed But Liquidation Upside Exists [Seeking Alpha]Seeking Alpha
- THE CATO CORPORATION ANNOUNCES REGULAR QUARTERLY DIVIDENDPR Newswire
CATO
Analyst Actions
- 3/19/24 - TheStreet
CATO
Sec Filings
- 4/3/24 - Form DEF
- 3/27/24 - Form 10-K
- 3/25/24 - Form 8-K
- CATO's page on the SEC website