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Stock impact report

Genesco Inc. Reports Fiscal 2025 Second Quarter Results [Yahoo! Finance]

Genesco Inc. (GCO) 
Last genesco inc. earnings: 3/12 06:50 am Check Earnings Report
US:NYSE Investor Relations: genesco.gcs-web.com/investor-overview
Company Research Source: Yahoo! Finance
Reaffirms Fiscal 2025 EPS Outlook NASHVILLE, Tenn., September 06, 2024 BUSINESS WIRE )--Genesco Inc. (NYSE: GCO) today reported second quarter results for the three months ended August 3, 2024. Second Quarter Fiscal 2025 Financial Summary Total net sales increased to $525 million; comparable sales decreased 2% Comparable e-commerce sales increased 8%; comparable store sales decreased 4% E-commerce sales represented 22% of retail sales compared to 21% last year GAAP EPS was ($0.91) and Non-GAAP EPS was ($0.83) Inventory decreased 8% year-over-year Repurchased $9.3 million of stock with $42.8 million remaining on the expanded share repurchase authorization announced in June 2023 Increases fiscal 2025 sales and reaffirms EPS outlook Mimi E. Vaughn, Genesco's Board Chair, President and Chief Executive Officer, said, "We delivered another quarter that surpassed our top- and bottom-line expectations, as the improvement in our Journeys business continues to gain traction Show less Read more
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