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Genesco, Inc. engages in the retail and sale of footwear, apparel, and accessories. It operates through the following segments: Journeys Group, Schuh Group, Lids Sports Group, Johnston & Murphy Group, and Licensed Brands. Read More The Journeys Group segment comprise of the Journeys, Journeys Kidz, Shi by Journeys and Little Burgundy retail stores, catalog and e-commerce operations. The Schuh Group segment includes schuh retail footwear chain and e-commerce operations. The Lids Sports Group segment composes primarily of the Lids, Hat World and Hat Shack retail headwear stores, the Lids Locker Room and Lids Clubhouse fan shops, the Lids Team Sports business and certain e-commerce operations. The Johnston & Murphy Group segment covers Johnston & Murphy retail operations, e-commerce and catalog operations, and wholesale distribution. The Licensed Brands segment comprises of Dockers Footwear, sourced and marketed under a license from Levi Strauss & Company, SureGrip Footwear, occupational footwear primarily sold directly to consumers and other footwear brands. Genesco was founded in 1924 and is headquartered in Nashville, TN.
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The Motley FoolMar 14
Genesco Inc (GCO) Q4 2019 Earnings Conference Call Transcript
Genesco Inc (NYSE:GCO) Q4 2019 Earnings Conference Call , 8:30 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good day, everyone and welcome to the Genesco Fourth Quarter Fiscal 2019 Conference Call. Just a reminder, today's call is being recorded. Participants on the call, expect to make forward-looking statements. These statements reflect the participant's expectations as of today, but actual results could be different. Genesco refers you to...
Seeking AlphaMar 14
Genesco down 4% post Q4 earnings miss; provides FY20 guidance
Genesco (GCO -4.2% ) reported Comparable sales rose 4% in Q4, with same stores sales up 3% and direct up 10%. Segment Comp growth: Journeys Group +7%, Schuh Group -8%, and Johnston & Murphy Group +4%. Sales by Segments: Journeys Group $463.15M (+2.3% Y/Y), Schuh Group $108.6M (-15.2% Y/Y), Johnston & Murphy Group $89.27M (-3.4% Y/Y), and Licensed Brands $14.41M (-9.4% Y/Y). Q4 Gross margin improved by 70 bps to 46.7%; and Adj. operating margin improved by 80 bps to 8.7%. SG&A expense rate up 80 bps to 3...
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