UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended October 29, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________________to__________________ Commission file number 1-31340 THE CATO CORPORATION (Exact name of registrant as specified in its charter) Delaware 56-0484485 (St ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended July 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________________to__________________ Commission file number 1-31340 THE CATO CORPORATION (Exact name of registrant as specified in its charter) Delaware 56-0484485 (State ...

UNITED STATES SECURITIES AND EXCHANGECOMMISSION Washington, D.C.20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANTTO SECTION 13 OR 15(d)OF THE SECURITIESEXCHANGE ACT OF 1934 For the quarterlyperiod endedApril 30, 2022 OR ☐ TRANSITIONREPORT PURSUANTTO SECTION 13 OR 15(d)OF THE SECURITIESEXCHANGE ACT OF 1934 For the transitionperiod from________________to__________________ Commissionfile number 1-31340 | --- | --- | --- | --- | |---------------------------------------------------|------------------------------------ ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended January 29, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 1-31340 The Cato Corporation Registrant Delaware 56-0484485 State of Incorporation I.R.S. Employer Identification Number 8100 Denmark Road Charlotte, North Carolina 28273-5975 Address ...

Sales Performance - Total retail sales for the third quarter of fiscal 2021 were $170.5 million, a 14% increase from $149.2 million in the same period last year[81]. - For the nine months ended October 30, 2021, total retail sales reached $587.7 million, a 42% increase compared to $414.3 million for the same period in the previous year[82]. - Same-store sales increased by 14% in the third quarter and 41% for the nine months ended October 30, 2021, primarily due to stores being open compared to limited hours in the prior year[81][82]. Cost and Expenses - Cost of goods sold was $104.2 million, or 61.1% of retail sales for the third quarter, down from 73.3% in the same period last year[85]. - Gross margin dollars increased by 66.6% to $66.3 million for the third quarter and by 175.9% to $244.2 million for the first nine months of fiscal 2021[85]. - Selling, general and administrative expenses were $62.5 million, or 36.6% of retail sales for the third quarter, compared to $51.9 million, or 34.8% in the prior year[87]. - Depreciation expense was $3.2 million, or 1.9% of retail sales for the third quarter, down from $3.6 million, or 2.4% in the same period last year[88]. Store Operations - The company operated 1,324 stores at October 30, 2021, compared to 1,347 stores at the end of the previous year's third quarter[82]. - The company expects to open fewer than 10 stores and close approximately 25 stores in fiscal 2021[82]. Impact of COVID-19 - The ongoing COVID-19 pandemic continues to impact sales and operations, with uncertainties affecting consumer confidence and supply chain disruptions[78][80]. Income and Tax - Interest and other income decreased to $0.5 million (0.3% of retail sales) for the three months ended October 30, 2021, down from $0.8 million (0.5% of retail sales) in the same period of fiscal 2020[89]. - Income tax benefit for the third quarter was $5.7 million, compared to $9.7 million in the same quarter of fiscal 2020, with an effective tax rate of 4.3% for the first nine months of fiscal 2021 versus 36.7% in 2020[90]. Cash Flow and Working Capital - Cash provided by operating activities increased to $79.4 million in the first nine months of fiscal 2021, compared to a cash outflow of $26.1 million in the same period of fiscal 2020, reflecting a $105.5 million improvement[92]. - Working capital rose to $147.4 million as of October 30, 2021, from $108.6 million at January 30, 2021, primarily due to higher inventory and accounts receivable[93]. Financing and Investments - The company had an unsecured revolving credit agreement allowing borrowings of up to $35.0 million, with no borrowings outstanding as of October 30, 2021[94]. - Capital expenditures totaled $1.8 million in the first nine months of fiscal 2021, significantly lower than $11.2 million in the same period last year, with an expected total of approximately $4.1 million for the full fiscal year[95]. - Net cash used in investing activities was $51.3 million in the first nine months of fiscal 2021, compared to $57.9 million provided in the same period of 2020[96]. - Net cash used in financing activities decreased to $21.3 million in the first nine months of fiscal 2021 from $24.3 million in the comparable period of fiscal 2020, primarily due to lower dividends and stock repurchases[97]. - The company maintained a quarterly dividend of $0.17 per share as of November 18, 2021[99]. - The investment portfolio primarily consists of corporate bonds and government debt securities rated A or better, with maturities ranging from two days to five years[101].

Sales Performance - Total retail sales for the second quarter of fiscal 2021 were $206.0 million, a 24% increase from $166.3 million in the same period last year[81]. - Same-store sales increased by 23% in the second quarter of fiscal 2021, primarily due to stores being open compared to closures in the prior year[81]. - For the six months ended July 31, 2021, total retail sales reached $417.2 million, a 57% increase from $265.1 million in the same period last year[81]. Cost and Expenses - Cost of goods sold for the second quarter was $115.6 million, or 56.1% of retail sales, down from 79.8% in the same quarter of fiscal 2020[85]. - Selling, general and administrative expenses (SG&A) were $71.0 million, or 34.5% of retail sales, compared to $44.0 million, or 26.4% of retail sales in the same quarter last year[86]. Profitability - Gross margin dollars increased by 169.9% to $90.4 million for the second quarter of fiscal 2021, compared to $33.5 million in the prior year[85]. - Net income for the second quarter of fiscal 2021 was $14.0 million, compared to a net loss of $7.2 million in the same quarter of fiscal 2020[77]. - Income tax expense increased to $4.6 million for the second quarter of fiscal 2021, compared to an income tax benefit of $3.9 million in the same quarter of fiscal 2020, reflecting a change in effective tax rate from 26.7% (benefit) to 18.0% (expense)[90]. Store Operations - The company operated 1,325 stores at July 31, 2021, a decrease from 1,333 stores at the end of the previous year's second quarter[82]. - The company expects to open fewer than 10 stores and close approximately 25 stores in fiscal 2021[82]. Cash Flow and Working Capital - Cash provided by operating activities was $82.0 million in the first six months of fiscal 2021, a significant increase of $130.2 million compared to a cash outflow of $48.2 million in the same period of fiscal 2020[92]. - Working capital increased to $148.2 million as of July 31, 2021, up from $108.6 million at January 30, 2021, primarily due to higher short-term investments[93]. Financing and Investments - Interest and other income decreased to $0.5 million (0.3% of retail sales) for the first six months of fiscal 2021, down from $1.0 million (0.6% of retail sales) in the same period of fiscal 2020[89]. - Capital expenditures totaled $1.1 million in the first six months of fiscal 2021, a decrease from $9.8 million in the same period of the previous fiscal year[96]. - Net cash used by investing activities was $64.9 million in the first six months of fiscal 2021, compared to $91.0 million provided in the same period of fiscal 2020[97]. - Net cash used in financing activities decreased to $8.8 million in the first six months of fiscal 2021, down from $17.6 million in the comparable period of fiscal 2020[98]. Share Repurchase and Financial Management - As of July 31, 2021, the company had 1,380,779 shares remaining in open authorizations under its share repurchase program[99]. - The company does not use derivative financial instruments, indicating a conservative approach to financial risk management[100].

Financial Performance - Total retail sales for the first quarter of fiscal 2021 were $211.2 million, a 111.0% increase compared to $98.8 million in the first quarter of fiscal 2020[95] - Cost of goods sold was $123.7 million, or 58.5% of retail sales, down from $83.6 million, or 84.6% of retail sales in the first quarter of fiscal 2020[99] - Gross margin increased by 475.4% to $87.6 million for the first quarter of fiscal 2021 compared to $15.2 million in the first quarter of fiscal 2020[99] - Net income for the first quarter of fiscal 2021 was $20.7 million, compared to a net loss of $28.4 million in the first quarter of fiscal 2020[90] Expenses and Costs - Selling, general and administrative expenses (SG&A) were 29.9% of retail sales for the first quarter of fiscal 2021, down from 53.1% in the first quarter of fiscal 2020[100] - The effective income tax rate for the first quarter of fiscal 2021 was 12.9%, compared to a benefit of 24.3% in the first quarter of fiscal 2020[104] Store Operations - The Company operated 1,325 stores at May 1, 2021, compared to 1,300 stores at the end of the first quarter of fiscal 2020[96] - The Company expects to close approximately 25 stores in fiscal 2021[96] Cash Flow and Working Capital - Cash provided by operating activities for the first three months of fiscal 2021 increased by $115.8 million compared to the first three months of fiscal 2020, primarily due to net income versus a net loss[106] - Working capital increased to $130.5 million at May 1, 2021, compared to $108.6 million at January 30, 2021[107] Capital Expenditures and Investments - Capital expenditures totaled $0.6 million in the first three months of fiscal 2021, down from $5.3 million in the same period last year, with an expected total of approximately $3.1 million for the full fiscal year[109] - Net cash used by investing activities was $34.2 million in the first three months of fiscal 2021, compared to $76.9 million provided in the same period of fiscal 2020, primarily due to a decrease in the sale of short-term investments[110] Financing Activities - Net cash used by financing activities totaled $5.5 million in the first three months of fiscal 2021, down from $12.4 million in the comparable period of fiscal 2020, mainly due to a decrease in proceeds from the line of credit[111] Shareholder Returns - The Board of Directors declared a quarterly dividend of $0.11 per share on May 20, 2021[112] - As of May 1, 2021, the company had 1,445,488 shares remaining in open authorizations under its share repurchase program[114] Investment Portfolio - The investment portfolio was primarily in corporate bonds and government debt securities with underlying ratings of A or better, with maturities ranging from 4 days to 4.5 years for corporate bonds[116] - At May 1, 2021, the company held $0.8 million in corporate equities and $11.6 million in deferred compensation plan assets[117] - The company does not believe its exposure to market rate risk from interest rate changes is material[120]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended January 30, 2021 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 1-31340 The Cato Corporation Registrant Delaware 56-0484485 State of Incorporation I.R.S. Employer Identification Number 8100 Denmark Road Charlotte, North Carolina 28273-5975 Address ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended October 31, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________________to__________________ Commission file number 1-31340 THE CATO CORPORATION (Exact name of registrant as specified in its charter) Delaware 56-0484485 (St ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended August 1, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________________to__________________ Commission file number 1-31340 THE CATO CORPORATION (Exact name of registrant as specified in its charter) Delaware 56-0484485 (Stat ...