The Cato Corporation is an apparel retailer whose successful turnaround was interrupted by the pandemic. In 2019 they were gradually recovering from a period of underperformance, with more favorable trends in terms of same-store sales and merchandise margins, inventory control and profitability.
The Cato Corporation (CATO): a Value Play
The Cato Corporation (CATO): a Value Play
The Cato Corporation (CATO): a Value Play
The Cato Corporation is an apparel retailer whose successful turnaround was interrupted by the pandemic. In 2019 they were gradually recovering from a period of underperformance, with more favorable trends in terms of same-store sales and merchandise margins, inventory control and profitability.