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Jan 30, 2021
Genesco Q4 2021 Earnings Report
Genesco's Q4 2021 results exceeded expectations with record digital revenue and sequential improvements in revenue and gross margin.
Key Takeaways
Genesco Inc. reported GAAP earnings from continuing operations per diluted share of $6.20 for the three months ended January 30, 2021. Net sales decreased 6% from last year to $637 million, while comparable sales increased 1%, highlighted by strong 55% e-commerce comp growth. The company is operating in 90% of its locations as of March 11, 2021.
Net sales decreased 6% to $637 million.
Comparable sales increased 1% with strong 55% e-commerce growth.
GAAP EPS from continuing operations was $6.20.
Non-GAAP EPS from continuing operations was $2.76.
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