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Stock impact report

Genesco Inc (GCO) Reports Mixed Fiscal 2024 Results Amid Challenging Retail Environment [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
Comparable Sales : Down 4% in Q4; stores down 7%, direct up 5%. E-commerce Sales : Represented 27% of retail sales in Q4, up from 25% last year. GAAP EPS : $1.84 in Q4 from continuing operations, down from $3.23 in Q4FY23; ($2.10) for full year, down from $5.69 in FY23. Non-GAAP EPS : $2.59 in Q4 from continuing operations, down from $3.06 in Q4FY23; $0.56 for full year, down from $5.59 in FY23. Store Activity : Closed 94 Journeys stores in FY24, with up to 50 more closures targeted in FY25. Fiscal 2025 Outlook : Expects total sales to decrease 2-3% compared to FY24, with adjusted diluted EPS from continuing operations in the range of $0.60 to $1.00. Warning! GuruFocus has detected 4 Warning Sign with GCO. On March 8, 2024, Genesco Inc ( NYSE:GCO ) released its 8-K filing , detailing its financial performance for the fourth quarter and full fiscal year 2024. The company, known for its footwear, headwear, sports apparel, and accessories across its Journeys Group, Schuh G Show less Read more
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