Schuh

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.

schuh launches Disability Equality tote bag with Shape Arts, inspired by 're-thinking disability'

Retrieved on: 
Thursday, November 16, 2023
Pillar, Health, Disability History Month, Amputation, Schuh, Culture, Disability, Shoe, Mental health, Shape Arts, Autism spectrum, Racial equality, CRPS, Health care, Pension fund

schuh shares the latest instalment of its charity tote bag series with Disability Equality partner, Shape Arts, designed by disability advocate and artist Grace Fairley .

Key Points: 
  • schuh shares the latest instalment of its charity tote bag series with Disability Equality partner, Shape Arts, designed by disability advocate and artist Grace Fairley .
  • The Purpose Pillars have evolved into three main pillars – Sustainability, Mental Wellness and Fostering Diverse Talent, which includes Racial Equality, Disability Equality and LGBT+ Equality.
  • Shape Arts nominated one of their artists, Grace Fairley, to create this year's tote bag design, inspired by the theme "re-thinking disability".
  • The Shape Arts x schuh tote bag will be available online and in stores this November, priced at £3.00/€3.44.

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 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 REPORTS COMPARABLE SALES

Retrieved on: 
Monday, January 9, 2023
Ireland, Depreciation, Conversation, ESG, Risk, Financial condition report, Element, Eastern Time Zone, Public health, Journey, Holiday, Schuh, COVID-19, Weakness, Foreign, Deleveraging, Conference proceeding, Public expenditure, Tenant, Pressure, Weather, Result, EPS, Union, Conference, Analysis, Environment, Risk management, Genesco

NASHVILLE, Tenn., Jan. 9, 2023 /PRNewswire/ -- Genesco Inc. (NYSE: GCO) announced today that comparable sales, including both stores and direct sales, increased by 3% for the quarter-to-date period ended December 24, 2022. Same store sales decreased 2% and sales for the Company's e-commerce businesses increased 22% on a comparable basis for that period. Comparable sales changes for each retail business for the period were as follows:

Key Points: 
  • Mimi E. Vaughn, Genesco board chair, president and chief executive officer, said, "We are pleased with our 3% comparable sales increase fourth quarter-to-date given the external challenges facing elements of our business this holiday season.
  • While fourth quarter sales are trending towards the higher-end of our projections, more than expected shipping and warehouse expense is pressuring gross margins and December store performance in the U.S. has resulted in store expense deleverage.
  • As previously announced, Genesco management will present at the 2023 ICR Conference on Tuesday, January 10, 2023, at 10:00 a.m. (Eastern Time).
  • The audio portion of the presentation will be webcast live and may be accessed through the Company's internet website, http://www.genesco.com .

GENESCO EMPLOYEES FIT PARK AVENUE ELEMENTARY STUDENTS WITH NEW SHOES AT ANNUAL COLD FEET, WARM SHOES COMMUNITY EVENT

Retrieved on: 
Monday, December 12, 2022
GCO, United Kingdom, Johnston & Murphy, Internet, Park Avenue, Tennessee Titans, Levi, Schuh, Cold Feet, Republic of Ireland, NYSE, Child, Shoe, Student, Multimedia, Bass, Volunteering, Docker, Ireland, Foot, Shoemaking, Genesco

NASHVILLE, Tenn., Dec. 12, 2022 /PRNewswire/ -- Christmas came early last Friday for nearly 350 Park Avenue Elementary students when Nashville-based Genesco Inc. brought its Cold Feet, Warm Shoes signature community shoe fitting to the school and spread a little holiday cheer.  As part of the event, more than 225 employee volunteers set up a mock shoe store and fit students with new shoes, socks and hats along with a few other surprises, including Tennessee Titans cheerleaders and the team's mascot, T-Rac. 

Key Points: 
  • NASHVILLE, Tenn., Dec. 12, 2022 /PRNewswire/ -- Christmas came early last Friday for nearly 350 Park Avenue Elementary students when Nashville-based Genesco Inc. brought its Cold Feet, Warm Shoes signature community shoe fitting to the school and spread a little holiday cheer.
  • Since 1989, Cold Feet, Warm Shoes recreates a real-life, in-store experience, complete with a mock shoe store and customized shoe fitting where employee volunteers measure each student's foot and fit them with a brand-new pair of shoes.
  • Students were empowered with a choice of shoes coordinated through its Journeys and Journeys Kidz stores.
  • Giving back to the community is important to us, especially through our signature Cold Feet, Warm Shoes program.

Admix Raises $25m Series B To Monetize The Metaverse With In-Play

Retrieved on: 
Tuesday, October 26, 2021
Series, NEW, Visage SDK, USD, Technology, Video, Schuh, Industry, 3D, 2D, Adam, Investment, Internet, CEO, Environment, Multimedia, Research, LATAM, Force, Video game

The company has recently made key hires in the Americas and APAC where its presence will now be expanded further.

Key Points: 
  • The company has recently made key hires in the Americas and APAC where its presence will now be expanded further.
  • Samuel Huber, CEO and Co-founder at Admix, commented:
    "We're delighted to have secured this substantial funding round which signifies the start of Admix Phase 2.
  • Admix is the pioneer of In-Play, the infrastructure to monetize gaming and the metaverse.
  • Founded in 2018 by Samuel Huber and Joe Bachle-Morris, Admix already works with over 500 advertisers worldwide to monetize more than 300 gaming and virtual-world experiences.

Admix Raises $25m Series B To Monetize The Metaverse With In-Play

Retrieved on: 
Tuesday, October 26, 2021
Series, NEW, Visage SDK, USD, Technology, Video, Schuh, Industry, 3D, 2D, Adam, Investment, Internet, CEO, Environment, Research, LATAM, Force, Video game

The company has recently made key hires in the Americas and APAC where its presence will now be expanded further.

Key Points: 
  • The company has recently made key hires in the Americas and APAC where its presence will now be expanded further.
  • Samuel Huber, CEO and Co-founder at Admix, commented:
    "We're delighted to have secured this substantial funding round which signifies the start of Admix Phase 2.
  • Admix is the pioneer of In-Play, the infrastructure to monetize gaming and the metaverse.
  • Founded in 2018 by Samuel Huber and Joe Bachle-Morris, Admix already works with over 500 advertisers worldwide to monetize more than 300 gaming and virtual-world experiences.

Genesco Inc. To Report First Quarter Fiscal 2022 Results And Hold Conference Call On May 27, 2021

Retrieved on: 
Thursday, May 13, 2021
Genesco, Footwear, Clothing industry, Clothing, Johnston & Murphy, Journeys, Schuh, GCO, Dockers, Web.com

b"NASHVILLE, Tenn., May 13, 2021 /PRNewswire/ --Genesco Inc. (NYSE: GCO) today announced that the Company will report results for the first quarter fiscal 2022 on May 27, 2021, before the market opens, and hold its quarterly earnings conference call at 7:30 a.m. (central) the same day.\nIn addition, a summary of the first quarter results will be available on the Genesco website on May 27, 2021, at http://genesco.gcs-web.com/financial-information/quarterly-results\nGenesco Inc., a Nashville-based specialty retailer and branded company, sells footwear and accessories in more than 1,455 retail stores throughout the U.S., Canada, the United Kingdom and the Republic of Ireland, principally under the names Journeys, Journeys Kidz, Little Burgundy, Schuh, Schuh Kids, Johnston & Murphy, and on internet websites www.journeys.com , www.journeyskidz.com , www.journeys.ca , www.littleburgundyshoes.com , www.schuh.co.uk , www.johnstonmurphy.com , www.johnstonmurphy.ca , www.nashvilleshoewarehouse.com , and www.dockersshoes.com .

Key Points: 

Genesco Inc. To Report Fourth Quarter Fiscal 2021 Results And Hold Conference Call On March 11, 2021

Retrieved on: 
Thursday, February 25, 2021
Genesco, Footwear, Clothing industry, Clothing, Johnston & Murphy, Journeys, Schuh, GCO, Dockers, Web.com

NASHVILLE, Tenn., Feb. 25, 2021 /PRNewswire/ --Genesco Inc. (NYSE: GCO) today announced that the Company will report results for the fourth quarter fiscal 2021 on March 11, 2021, before the market opens, and hold its quarterly earnings conference call at 7:30 a.m. (central) the same day.

Key Points: 
  • NASHVILLE, Tenn., Feb. 25, 2021 /PRNewswire/ --Genesco Inc. (NYSE: GCO) today announced that the Company will report results for the fourth quarter fiscal 2021 on March 11, 2021, before the market opens, and hold its quarterly earnings conference call at 7:30 a.m. (central) the same day.
  • In addition, a summary of the fourth quarter results will be available on the Genesco website on March 11, 2021, at http://genesco.gcs-web.com/financial-information/quarterly-results
    Genesco Inc., a Nashville-based specialty retailer, sells footwear and accessories in more than 1,475 retail stores throughout the U.S., Canada, the United Kingdom and the Republic of Ireland, principally under the names Journeys, Journeys Kidz, Schuh, Schuh Kids, Little Burgundy, Johnston & Murphy, and on internet websites www.journeys.com , www.journeyskidz.com , www.journeys.ca , www.littleburgundyshoes.com , www.schuh.co.uk , www.johnstonmurphy.com , www.johnstonmurphy.ca , and www.dockersshoes.com .
  • In addition, Genesco sells wholesale footwear under its Johnston & Murphy brand, the licensed Dockers brand, the licensed Levi's brand, the licensed Bass brand, and other brands.
  • For more information on Genesco and its operating divisions, please visit www.genesco.com .