Genesco Q2 2022 Earnings Report
Key Takeaways
Genesco Inc. reported outstanding second quarter results, with record second quarter profitability. Net sales increased 42% from last year to $555 million. GAAP EPS from continuing operations increased to $0.74 and Non-GAAP EPS from continuing operations increased to $1.051.
Net sales increased 42% from last year to $555 million
Net sales increased 14% over the second quarter two years ago with stores open about 97% of days
GAAP operating income increased 336% over second quarter two years ago
Non-GAAP EPS from continuing operations increased to $1.051 vs. ($1.23) last year and $0.15 two years ago
Genesco
Genesco
Genesco Revenue by Segment
Forward Guidance
Due to the continued uncertainty in the overall economy driven by the COVID-19 pandemic, specifically the spread of the Delta variant, the Company is not providing guidance at this time, but will provide commentary on its outlook for the coming quarter in its prepared remarks on today’s earnings call.
Revenue & Expenses
Visualization of income flow from segment revenue to net income