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Stock impact report

Genesco Inc. Reports Fiscal 2024 Fourth Quarter and Full Year Results [Yahoo! Finance]

Genesco Inc. (GCO) 
Last genesco inc. earnings: 3/12 06:50 am Check Earnings Report
US:NYSE Investor Relations: genesco.gcs-web.com/investor-overview
Company Research Source: Yahoo! Finance
Fourth Quarter E-Commerce Sales Increased 5% NASHVILLE, Tenn., March 08, 2024 BUSINESS WIRE )--Genesco Inc. (NYSE: GCO) today reported fourth quarter and full fiscal year results for the three and twelve months ended February 3, 2024. Fourth Quarter Fiscal 2024 Financial Summary Net sales of $739 million this year (14 weeks) increased 2% compared to Q4FY23 (13 weeks) Comps down 4%, with stores down 7% and direct up 5% E-commerce sales represented 27% of retail sales compared to 25% last year GAAP EPS from continuing operations was $1.84 vs. $3.23 last year Non-GAAP EPS from continuing operations was $2.59 vs. $3.06 last year Fiscal 2024 Financial Summary Net sales of $2.3 billion this year (53 weeks) decreased 2.5% compared to FY23 (52 weeks) Comps down 4%, with stores down 7% and direct up 8% E-commerce sales represented 23% of retail sales compared to 20% last year GAAP EPS from continuing operations was ($2.10) vs. $5.69 last year Non-GAAP EPS from contin Show less Read more
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