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General
3 Months Ended
Apr. 29, 2023
General [Abstract]  
General
NOTE 1 - GENERAL
:
The condensed
 
consolidated financial
 
statements as
 
of April
 
29, 2023
 
and for
 
the thirteen-week
 
periods
ended
 
April 29,
 
2023 and
 
April
 
30,
 
2022
 
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 presentation 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.
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 28, 2023.
 
Amounts as of January 28, 2023 have been derived from the audited balance sheet, but
do not include all disclosures required by
 
accounting principles generally accepted in the United States of
America.
On May 18, 2023, the Board of Directors maintained the quarterly dividend at
 
$
0.17
 
per share.