Genesco (GCO) Tops Q3 EPS by 99c

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Genesco Inc. Reports Fiscal 2021 Third Quarter Results

December 4, 2020 6:50 AM EST

NASHVILLE, Tenn., Dec. 4, 2020 /PRNewswire/ -- 

Third Quarter Fiscal 2021 Financial Summary

Net sales decreased 11% from last year to $479 million with stores open 95% of days Highlighted by strong 62% e-commerce comp growth Inventory down 22% GAAP EPS from continuing operations was $0.52 Non-GAAP EPS from continuing operations was $0.851 Paid down $178 million of debt

Genesco Inc. (NYSE: GCO) today reported GAAP earnings from continuing operations per diluted share of $0.52 for the three months ended October 31, 2020, compared to $1.31 per diluted share in the third... More