Recap: Genesco Q1 Earnings

Shares of Genesco GCO fell 0.2% in pre-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share fell 1206.06% year over year to ($3.65), which missed the estimate of ($2.02).

Revenue of $279,232,000 declined by 43.66% year over year, which missed the estimate of $317,800,000.

Looking Ahead

Genesco hasn't issued any earnings guidance for the time being.

Genesco hasn't issued any revenue guidance for the time being.

How To Listen To The Conference Call

Date: Jun 09, 2020

Time: 08:30 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/yztt5bvc

Technicals

52-week high: $53.20

52-week low: $5.51

Price action over last quarter: Up 30.32%

Company Overview

Genesco Inc sells footwear, headwear, sports apparel, and accessories. The company has four reportable segments namely Journeys Group, derives maximum revenue which comprised of Journeys, Journeys Kidz and Little Burgundy retail footwear chains, e-commerce operations, and catalog. Its Schuh Group, comprised of the Schuh retail footwear chain and e-commerce operations. The Johnston & Murphy Group, comprised of Johnston & Murphy retail operations, e-commerce operations and catalog and wholesale distribution of products under the Johnston & Murphy and H.S. Trask brands. Licensed Brands, comprised of Dockers Footwear, under a license from Levi Strauss & Company.

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Posted In: EarningsNews
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