Genesco

Genesco to Report Fourth Quarter Fiscal 2024 Results and Hold Conference Call on March 8, 2024

Retrieved on: 
Monday, February 26, 2024
Retail, Footwear, Online Retail, Fashion, Genesco, GCO

Genesco Inc. (NYSE: GCO) today announced that the Company will report results for the fourth quarter fiscal 2024 on March 8, 2024, before the market opens, and hold its quarterly earnings conference call at 7:30 a.m. (Central time) the same day.

Key Points: 
  • Genesco Inc. (NYSE: GCO) today announced that the Company will report results for the fourth quarter fiscal 2024 on March 8, 2024, before the market opens, and hold its quarterly earnings conference call at 7:30 a.m. (Central time) the same day.
  • In addition, a summary of the fourth quarter results will be available on the Genesco website on March 8, 2024 at https://www.genesco.com/investor-relations/news-events/events

Genesco Inc. Reports Fiscal 2024 Third Quarter Results

Retrieved on: 
Friday, December 1, 2023
Men, Online Retail, Other Retail, Family, Discount, Variety, Specialty, Consumer, Fashion, Retail, Children, Women, Footwear, Holiday, Pandemic, Conference proceedings, Pressure, Square, Depreciation, Share repurchase, Journey, Risk, Public expenditure, Weather, Inventory, EPS, Marketing, Weakness, Tenant, Johnston & Murphy, GAAP, Conversation, Analysis, Foreign, Fiscal, Schuh, Financial condition report, Result, Public, ESG, Video game, Security (finance), Genesco, Republic of Ireland

Adjusted operating margin was 1.9% of sales in the third quarter of Fiscal 2024 and 4.4% in the third quarter last year.

Key Points: 
  • Adjusted operating margin was 1.9% of sales in the third quarter of Fiscal 2024 and 4.4% in the third quarter last year.
  • The effective tax rate for the quarter was 22.5% in Fiscal 2024 compared to 18.7% in the third quarter last year.
  • The adjusted tax rate, reflecting Excluded Items, was 27.8% in Fiscal 2024 compared to 19.6% in the third quarter last year.
  • GAAP earnings from continuing operations were $6.6 million in the third quarter of Fiscal 2024 compared to $20.4 million in the third quarter last year.

Genesco Names Andy Gray President of the Journeys Group

Retrieved on: 
Tuesday, November 28, 2023
Retail, Footwear, Online Retail, Fashion, NYSE, Genesco, Multimedia, Culture, GCO, Attitude, Partnership, Foot Locker, Retirement, Management, Journey

Genesco Inc. (NYSE: GCO), after a broad search process, today announced the appointment of Andy Gray as the new President of the Journeys Group, effective January 3, 2024.

Key Points: 
  • Genesco Inc. (NYSE: GCO), after a broad search process, today announced the appointment of Andy Gray as the new President of the Journeys Group, effective January 3, 2024.
  • He succeeds Journeys Group President Mario Gallione, whose planned retirement was announced in August.
  • “I’m incredibly excited to join the Genesco team and to lead Journeys – a retail brand I've long admired.
  • Sypert is a 34-year company veteran who previously served as Journeys Executive Vice President of Sales and Retail Operations.

Genesco to Report Third Quarter Fiscal 2024 Results and Hold Conference Call on December 1, 2023

Retrieved on: 
Wednesday, November 15, 2023
Retail, Footwear, Online Retail, Fashion, GCO, NYSE, Central Time, Genesco, Online shopping

Genesco Inc. (NYSE: GCO) today announced that the Company will report results for the third quarter fiscal 2024 on December 1, 2023, before the market opens, and hold its quarterly earnings conference call at 7:30 a.m. (Central Time) the same day.

Key Points: 
  • Genesco Inc. (NYSE: GCO) today announced that the Company will report results for the third quarter fiscal 2024 on December 1, 2023, before the market opens, and hold its quarterly earnings conference call at 7:30 a.m. (Central Time) the same day.
  • In addition, a summary of the third quarter results will be available on the Genesco website on December 1, 2023, at https://www.genesco.com/investor-relations/news-events/events

Five Below Adds New Board Member Mimi E. Vaughn joins Five Below Board of Directors

Retrieved on: 
Tuesday, September 19, 2023
Information technology, GCO, Marketing, Genesco, McKinsey & Company, Five Below, Growth, NYSE, Management

"Mimi is an accomplished retail executive and we are thrilled to welcome her to our Board of Directors," said Tom Vellios, Non-Executive Chair of the Board of Five Below.

Key Points: 
  • "Mimi is an accomplished retail executive and we are thrilled to welcome her to our Board of Directors," said Tom Vellios, Non-Executive Chair of the Board of Five Below.
  • We look forward to benefiting from her experience and insights as she joins our Board.”
    Ms. Vaughn brings more than 20 years of leadership experience in specialty retail.
  • She is currently President, Chief Executive Officer and Chair of the Board of Genesco Inc. (NYSE: GCO), the parent company of teen retail leader Journeys.
  • Ms. Vaughn joined Genesco in September 2003 as vice president of strategy and business development.

Genesco Inc. Reports Fiscal 2024 Second Quarter Results

Retrieved on: 
Thursday, August 31, 2023
Men, Other Retail, Online Retail, Family, Discount, Variety, Specialty, Consumer, Fashion, Retail, Children, Other Consumer, Women, Footwear, Johnston & Murphy, Inventory, Square, Pressure, ASC, Ireland, Result, Share repurchase, Risk, Public, Financial condition report, Weakness, Conversation, Conference proceedings, GAAP, Tenant, Foreign, Public expenditure, Pandemic, Holiday, Johnston, Depreciation, Analysis, European, Weather, EPS, ESG, Fiscal, Video game, Journey, Schuh, Genesco

Adjusted operating margin was (1.9)% of sales in the second quarter of Fiscal 2024 and 1.9% in the second quarter last year.

Key Points: 
  • Adjusted operating margin was (1.9)% of sales in the second quarter of Fiscal 2024 and 1.9% in the second quarter last year.
  • The effective tax rate for the quarter was 23.1% in Fiscal 2024 compared to 11.3% in the second quarter last year.
  • GAAP loss from continuing operations was ($31.6) million in the second quarter of Fiscal 2024 compared to earnings from continuing operations of $7.7 million in the second quarter last year.
  • Total debt at the end of the second quarter of Fiscal 2024 was $131.5 million compared with $48.9 million at the end of last year’s second quarter.

Genesco Announces Journeys Group President Mario Gallione to Retire in February 2024

Retrieved on: 
Wednesday, August 30, 2023
Retail, Footwear, Fashion, Growth, Jason C. Gallion, Retirement, Egon Zehnder, Genesco, Culture, NYSE, GCO, Management, Video game, Journey

Genesco Inc. (NYSE: GCO) announced today the planned retirement of Journeys Group president Mario Gallione at the end of the Company’s fiscal year, with an expected effective date of February 2024.

Key Points: 
  • Genesco Inc. (NYSE: GCO) announced today the planned retirement of Journeys Group president Mario Gallione at the end of the Company’s fiscal year, with an expected effective date of February 2024.
  • “I would like to thank Mario for his remarkable 44-year career with Genesco.
  • He has been part of the team since the beginning and has been instrumental in building Journeys into the leading teen fashion footwear retailer.
  • Mario’s merchant leadership and exceptional footwear expertise have been a significant part of Journeys’ long-term growth, record success and value creation,” said Genesco Board Chair, President and Chief Executive Officer Mimi E. Vaughn.

Genesco to Report Second Quarter Fiscal 2024 Results and Hold Conference Call on August 31, 2023

Retrieved on: 
Wednesday, August 16, 2023
Online Retail, Fashion, Retail, Footwear, Department Stores, Central Daylight Time, Genesco, NYSE, GCO, Online shopping

Genesco Inc. (NYSE: GCO) today announced that the Company will report results for the second quarter fiscal 2024 on August 31, 2023, before the market opens, and hold its quarterly earnings conference call at 7:30 a.m. (Central Daylight Time) the same day.

Key Points: 
  • Genesco Inc. (NYSE: GCO) today announced that the Company will report results for the second quarter fiscal 2024 on August 31, 2023, before the market opens, and hold its quarterly earnings conference call at 7:30 a.m. (Central Daylight Time) the same day.
  • In addition, a summary of the second quarter results will be available on the Genesco website on August 31, 2023, at https://www.genesco.com/investor-relations/news-events/events

Genesco Inc. Reports Fiscal 2024 First Quarter Results

Retrieved on: 
Thursday, May 25, 2023
Online Retail, Fashion, Retail, Footwear, Department Stores, Johnston & Murphy, Inventory, Square, Pressure, Ireland, Result, Share repurchase, Risk, Public, Financial condition report, Weakness, Conversation, Conference proceedings, GAAP, Tenant, Foreign, Public expenditure, Pandemic, Holiday, Johnston, Depreciation, Analysis, European, Weather, ESG, Fiscal, Arms industry, Music, Video game, Security (finance), Journey, Schuh, Genesco

Adjusted operating margin was (4.7)% of sales in the first quarter of Fiscal 2024 and 1.8% in the first quarter last year.

Key Points: 
  • Adjusted operating margin was (4.7)% of sales in the first quarter of Fiscal 2024 and 1.8% in the first quarter last year.
  • The effective tax rate for the quarter was 23.7% in Fiscal 2024 compared to 36.7% in the first quarter last year.
  • The adjusted tax rate, reflecting Excluded Items, was 23.3% in Fiscal 2024 compared to 34.7% in the first quarter last year.
  • Total debt at the end of the first quarter of Fiscal 2024 was $118.2 million compared with $14.7 million at the end of last year’s first quarter.

Genesco to Report First Quarter Fiscal 2024 Results and Hold Conference Call on May 25, 2023

Retrieved on: 
Monday, May 15, 2023
Online Retail, Fashion, Retail, Footwear, Department Stores, Central Daylight Time, Genesco, NYSE, GCO, Online shopping

Genesco Inc. (NYSE: GCO) today announced that the Company will report results for the first quarter fiscal 2024 on May 25, 2023, before the market opens, and hold its quarterly earnings conference call at 7:30 a.m. (Central Daylight Time) the same day.

Key Points: 
  • Genesco Inc. (NYSE: GCO) today announced that the Company will report results for the first quarter fiscal 2024 on May 25, 2023, before the market opens, and hold its quarterly earnings conference call at 7:30 a.m. (Central Daylight Time) the same day.
  • In addition, a summary of the first quarter results will be available on the Genesco website on May 25, 2023, at https://www.genesco.com/investor-relations/news-events/events