Genesco: Overview of Fiscal Fourth Quarter Results

Genesco Announces Fourth Quarter Financial Results

Genesco Inc., headquartered in Nashville, Tennessee, revealed that it achieved a net profit of $47.6 million during its fiscal fourth quarter.

The company reported earnings of $4.44 per share for the quarter. After accounting for special items, adjusted earnings came in at $3.74 per share.

During this period, Genesco generated $799.9 million in revenue from its sales of footwear, hats, apparel, and accessories.

Looking at the full fiscal year, Genesco posted a total profit of $13.3 million, equating to $1.25 per share, with annual revenue reaching $2.44 billion.

For the upcoming year, the company anticipates earnings per share to fall between $1.90 and $2.30.

This article was produced by Automated Insights using information provided by Zacks Investment Research.