Genesco (GCO) Tops Q1 EPS by $1.31, Revenues Beat

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Go back to Genesco (GCO) Tops Q1 EPS by $1.31, Revenues Beat

Genesco Inc. Reports Fiscal 2022 First Quarter Results

May 27, 2021 6:50 AM EDT

NASHVILLE, Tenn., May 27, 2021 /PRNewswire/ --

First Quarter Fiscal 2022 Financial Summary

Net sales increased 93% from last year to $539 million Net sales increased 9% over the first quarter two years ago with stores open about 90% of days GAAP operating income increased 71% over first quarter two years ago Non-GAAP operating income increased 125% over first quarter two years ago Comparable direct sales increased 43% Inventory down 23% GAAP EPS from continuing operations was $0.60 vs. ($9.54) last year and $0.36 two years ago Non-GAAP EPS from continuing operations was $0.791 vs. ($3.65) last year... More