Recap: Genesco Q3 Earnings

Shares of Genesco GCO rose 4.4% in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share were down 36.09% over the past year to $0.85, which may not compare to the estimate of ($0.14).

Revenue of $479,280,000 declined by 10.79% year over year, which beat the estimate of $457,210,000.

Guidance

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

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

Details Of The Call

Date: Dec 04, 2020

Time: 08:30 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/6oppjxd6

Price Action

Company's 52-week high was at $53.20

52-week low: $5.51

Price action over last quarter: Up 43.16%

Company Description

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.