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Oct 31, 2020
Genesco Q3 2021 Earnings Report
Returned to profitability with sequential improvement in both revenue and gross margin.
Key Takeaways
Genesco Inc. reported GAAP earnings from continuing operations per diluted share of $0.52 for the three months ended October 31, 2020. Total net revenue decreased 11%, but improved compared with the second quarter performance, as more stores were open and digital sales remained robust. Adjusted earnings per share came in at $0.85.
Net sales decreased 11% from last year to $479 million with stores open 95% of days
Highlighted by strong 62% e-commerce comp growth
GAAP EPS from continuing operations was $0.52
Non-GAAP EPS from continuing operations was $0.85
Genesco
Genesco
Genesco Revenue by Segment
Revenue by Segment
Journeys Group Revenue
CapyFin.comSchuh Group Revenue
CapyFin.comJohnston & Murphy Group Revenue
CapyFin.com 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