Genesco (GCO) Misses Q1 EPS by $1.13, Revenues Miss; Provides Business Update on Reopening & COVID-19 Actions

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Go back to Genesco (GCO) Misses Q1 EPS by $1.13, Revenues Miss; Provides Business Update on Reopening & COVID-19 Actions

Genesco Inc. Reports Fiscal 2021 First Quarter Results

June 9, 2020 6:50 AM EDT

NASHVILLE, Tenn., June 9, 2020 /PRNewswire/ --

First Quarter Fiscal 2021 Financial Summary

Net sales decreased 44% to $279 million with stores closed starting in mid-March GAAP EPS from continuing operations was ($9.54) vs. $0.36 last year Non-GAAP EPS from continuing operations was ($3.65)1 vs. $0.33 last year

Genesco Inc. (NYSE: GCO) today reported a GAAP loss from continuing operations per diluted share of ($9.54) for the three months ended May 2, 2020, compared to earnings from continuing operations per diluted share of $0.36 in the first quarter last year.  Adjusted for the excluded... More