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May 01, 2021
Genesco Q1 2022 Earnings Report
First quarter results meaningfully exceeded expectations with revenue and earnings above pre-pandemic levels and record digital revenue.
Key Takeaways
Genesco Inc. reported a strong first quarter with net sales increasing 93% from last year to $539 million. GAAP EPS from continuing operations was $0.60, and Non-GAAP EPS from continuing operations was $0.79.
Net sales increased 93% from last year to $539 million.
GAAP operating income increased 71% over first quarter two years ago.
Comparable direct sales increased 43%.
GAAP EPS from continuing operations was $0.60 vs. ($9.54) last year and $0.36 two years ago.
Genesco
Genesco
Genesco Revenue by Segment
Forward Guidance
Due to the continued uncertainty in the overall economy driven by COVID-19, the Company is not providing guidance at this time.
Revenue & Expenses
Visualization of income flow from segment revenue to net income