v3.26.1
General (Policies)
 3 Months Ended
May 02, 2026
General [Abstract]  
Consolidation, Policy
The condensed consolidated
financial statements as
of May 2,
2026 and for
the three months
ended May
2, 2026 and May 3, 2025 have been prepared from the accounting records of
The Cato Corporation and its
wholly-owned
subsidiaries
(the
“Company”),
and
all
amounts
shown
are
unaudited.
In
the
opinion
of
management, all
adjustments
considered
necessary
for
a
fair
statement
of
the
financial
statements
have
been included.
All such adjustments are of a normal, recurring nature unless otherwise noted.
The results
of the interim period may not be indicative of the results expected
for the entire year.
Basis of Accounting, Policy
The interim financial
statements should be read
in conjunction with
the consolidated financial statements
and
notes
thereto,
included
in
the
Company’s
Annual
Report
on
Form
10-K
for
the
fiscal
year
ended
January 31,
2026.
Amounts as
of January 31,
2026 have been
derived from the
audited annual
financial
statements, but
do not
include all
disclosures required by
accounting principles
generally accepted in
the
United States of America.
Subsequent Events
Subsequent Events:
Subsequent to May 2, 2026, the Company repurchased
4,471
shares for $
12,824
.
On May
15, 2026,
the Company
received a
$
2.6
million partial
payment for
its tariff
refund claim.
The
Company anticipates receiving payment for the
balance of its tariff
refund claim by the end of
the second
quarter of fiscal 2026.
The
Company
received
a
$
5.6
million
payment
for
the
outstanding
balance
of
the
income
tax
refund
receivable due from the IRS.