Genesco (GCO) Reports Comparable Sales

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Genesco Reports Comparable Sales

January 8, 2024 6:50 AM EST

--Fourth Quarter-to-Date Comparable Sales Decreased 4% Year-Over-Year
--Now Expects Fiscal 2024 Adjusted EPS to be in the Range of $0.65-$0.85--
--Participating in 2024 ICR Conference, January 8, 2024--

NASHVILLE, Tenn.--(BUSINESS WIRE)-- Genesco Inc. (NYSE: GCO) announced today that comparable sales, including both stores and direct sales, decreased by 4% for the quarter-to-date period ended December 30, 2023. Same store sales decreased 6% and sales for the Companys e-commerce businesses increased 3% on a comparable basis for that period. Comparable sales changes for each retail business for the period were as... More