Genesco (GCO) Tops Q3 EPS by 3c; Lowers Q4 EPS Guidance
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GENESCO INC. REPORTS FISCAL 2023 THIRD QUARTER RESULTS
December 2, 2022 6:50 AM EST--Comps Up 3% With Every Business Posting Gains--
--E-commerce Sales Almost 75% Above Pre-Pandemic Levels--Â
--Gross Margin Better than Expectations--
Third Quarter Fiscal 2023 Financial Summary
Net sales of $604 million, an increase of 1% from last year and an increase of 12% over Q3FY20Excluding the impact of lower exchange rates, net sales increased 4% for Q3FY23 compared to Q3FY22Comps were up 3% with every business posting gainsE-commerce sales represented 18% of retail sales, flat to... More