Genesco (GCO) Tops Q4 EPS by 80c, Revenues Beat

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Go back to Genesco (GCO) Tops Q4 EPS by 80c, Revenues Beat

Genesco Inc. Reports Fiscal 2021 Fourth Quarter And Full Year Results

March 11, 2021 6:50 AM EST

NASHVILLE, Tenn., March 11, 2021 /PRNewswire/ --

Fourth Quarter Fiscal 2021 Financial Summary

Net sales decreased 6% from last year to $637 million with stores open about 90% of days Comparable sales increased 1% Highlighted by strong 55% e-commerce comp growth Journeys achieves record operating income Inventory down 20% GAAP EPS from continuing operations was $6.20 Non-GAAP EPS from continuing operations was $2.761

Fiscal 2021 Financial Summary

Net sales decreased 19% from last year to $1.8 billion with stores open 76% of days Highlighted by strong 74% e-commerce comp growth Generated cash... More