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General
 3 Months Ended
May 03, 2025
General [Abstract]  
General
 
NOTE 1 - GENERAL
:
The condensed consolidated
 
financial statements as
 
of May 3,
 
2025 and for
 
the three months
 
ended May
3, 2025 and May 4, 2024 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.
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
February 1,
 
2025.
 
Amounts as
 
of February 1,
 
2025 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.
On February 16, 2024, the Company closed
 
on the sale of land held
 
for investment. The sale resulted in a
net
 
gain
 
of
 
$
3.2
 
million
 
and
 
is
 
included
 
in
 
Interest
 
and
 
other
 
income
 
in
 
the
 
accompanying
 
Condensed
Consolidated Statements of Income and Comprehensive Income
 
for the period ended May 4, 2024.