Genesco (GCO) Tops Q4 EPS by 87c

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GENESCO INC. REPORTS FISCAL 2022 FOURTH QUARTER AND FULL YEAR RESULTS

March 10, 2022 6:50 AM EST

NASHVILLE, Tenn., March 10, 2022 /PRNewswire/ --

Fourth Quarter Fiscal 2022 Financial Summary

Net sales increased 14% from last year to $728 million Net sales increased 7% over the fourth quarter two years ago Gross margin up 310 and 200 basis points, respectively, over fourth quarter last year and two years ago GAAP and Non-GAAP operating income increased 84% and 12%, respectively, over fourth quarter two years ago Same store sales increased 10% over last year E-commerce sales increased 36% from fourth quarter two years ago Returned capital to shareholders with the repurchase of $52... More