Genesco (GCO) Misses Q4 EPS by 9c
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March 12, 2015 7:29 AM EDT
NASHVILLE, Tenn., March 12, 2015 /PRNewswire/ --Â Genesco Inc. (NYSE: GCO) today reported earnings from continuing operations for the fourth quarter ended January 31, 2015, of $51.8 million, or $2.18 per diluted share, compared to earnings from continuing operations of $42.2 million, or $1.79 per diluted share, for the fourth quarter ended February 1, 2014. Fiscal 2015 fourth quarter results reflect pretax items of $1.9 million, or $0.12 per share after tax, including $1.0 million of expenses related to deferred purchase price payments in connection with the acquisition of Schuh Group Limited, which are required to be expensed as compensation because the payment is contingent upon... More
March 11, 2015 6:00 AM EDT
AMSTERDAM, March 11, 2015 /PRNewswire/ --
Significant improvement in revenue growth and claims
Highlights:
Written premium rose 6.5% to EUR 1,497.6 million, increasing in Western Europe and showing good growth in developing markets
Insurance revenue rose 3.3% to EUR 1,573.4 million
Gross insurance result (before reinsurance) improved 27.1% in 2014 to EUR 357.5 million
Net profit: EUR 161.2 million, up 19.8%, with a major contribution from its Spanish operations
Combined ratio: 77.3%, improvement of 4.2 percentage points
Shareholders' equity: EUR 1,393 million, up 8.25%
Isidoro Unda, CEO of Atradius... More
