NYSE$GCO

Genesco Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Genesco's Q4 2021 results exceeded expectations with record digital revenue and sequential improvements in revenue and gross margin.

Genesco Inc. reported GAAP earnings from continuing operations per diluted share of $6.20 for the three months ended January 30, 2021. Net sales decreased 6% from last year to $637 million, while comparable sales increased 1%, highlighted by strong 55% e-commerce comp growth. The company is operating in 90% of its locations as of March 11, 2021.

  • Net sales decreased 6% to $637 million.
  • Comparable sales increased 1% with strong 55% e-commerce growth.
  • GAAP EPS from continuing operations was $6.20.
  • Non-GAAP EPS from continuing operations was $2.76.

Headline financials

Total Revenue

$637M

Previous: $678M-6.0%
EPS (adj)

$2.76

Previous: $3.09-10.7%
Gross Margin

45.8%

Previous: 46.9%-2.3%
Capital Expenditures

$5.97M

Previous: $8.38M-28.7%
Free Cash Flow

$100M

Previous: $106M-5.2%
Net Income

$89.9M

Previous: $35.6M+152.8%
Operating Income

$62.6M

Previous: $45.3M+38.1%
Gross Profit

$292M

Previous: $317M-8.1%
Cash & Equivalents

$215M

Previous: $81.4M+164.2%
Total Assets

$1.59B

Previous: $1.68B-5.5%
Stock-Based Comp

$8.46M

No prior period

Revenue & EPS history

Genesco · Revenue · Quarterly

$637M

Q4 2021-6%vs Q4 2020
Beat estimate in 13 of 16 quarters(81%)
ActualEstimate

Revenue by segment

Genesco · $612M total across 3 segments · Q4 2021

  • Journeys Group
    $465M-0.3%
  • Schuh Group
    $97M-13.1%
  • Johnston & Murphy Group
    $50.3M-41.6%

Forward guidance

Due to the continued uncertainty in the overall economy driven by COVID-19, the Company is not providing guidance at this time.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2021

Historical avgQ4 2021

-2.8%

Avg return

Earnings day

-6.1%

Avg return

5 days after

-5.5%

Avg return

30 days after

40%

26 / 65 earnings

Positive

+38.1%

Q3 2020

Best reaction

-35.5%

Q1 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026+1.6%-1.2%+8.8%
Q3 2026-30.6%-33.6%-29.8%
Q2 2026-6.7%-2.7%-8.3%
Q1 2026+0.2%+1.6%-0.4%
Q4 2025-16.3%-34.5%-44.4%
Q3 2025+11.4%+17.6%+14.1%
Q2 2025-12.6%-16.9%-4.4%
Q1 2025+7.6%+2.7%-5.3%
Q4 2024-13.5%-10.3%-10.3%
Q3 2024-12.8%-21.1%-5.8%
Q2 2024+15.1%+7.0%+5.7%
Q1 2024-35.5%-38.3%-19.6%
Q4 2023-12.4%-23.6%-24.3%
Q3 2023-9.7%-5.1%-4.9%
Q2 2023-24.0%-21.7%-30.5%
Q1 2023+7.6%+2.5%+3.1%
Q4 2022+7.8%+6.6%+2.5%
Q3 2022-0.2%+1.5%+0.6%
Q2 2022-9.2%-11.5%-4.8%
Q1 2022-5.7%-0.4%+9.1%
Q4 2021-1.5%-8.6%-4.3%
Q3 2021+1.7%+7.1%-2.1%
Q2 2021-1.7%-4.8%+3.9%
Q1 2021-14.9%-21.2%-37.4%
Q4 2020-8.3%-38.8%-19.7%
Q3 2020+38.1%+31.9%+28.6%
Q2 2020+15.6%+22.1%+6.1%
Q1 2020+15.0%+7.6%+5.0%
Q4 2019-9.9%-9.3%-6.5%
Q3 2019+2.4%-0.4%+10.7%
Q2 2019+1.8%+0.3%-5.3%
Q1 2019-11.3%-8.8%-10.7%
Q4 2018-1.6%-2.3%+5.1%
Q3 2018-11.3%-7.7%+4.5%
Q2 2018-9.0%-7.5%+4.3%
Q1 2018-17.5%-16.6%-26.2%
Q4 2017+3.9%+4.1%-9.0%
Q3 2017+10.4%+12.1%-1.8%
Q2 2017-32.5%-32.9%-25.0%
Q1 2017+11.1%+9.7%+10.4%
Q4 2016-2.6%
Q3 2016+10.1%
Q2 2016+5.3%
Q1 2016-3.7%
Q4 2015-7.7%
Q3 2015-11.6%
Q2 2015-10.6%
Q1 2015+4.1%
Q4 2014+4.2%
Q3 2014-2.7%
Q2 2014-11.3%
Q1 2014-1.8%
Q4 2013-1.0%
Q3 2013-10.4%
Q2 2013-1.0%
Q1 2012-2.2%
Q1 2013+1.2%
Q4 2012+6.1%
Q4 2010+6.1%
Q3 2011+2.4%
Q3 2012+2.4%
Q2 2012-1.3%
Q2 2011-1.3%
Q4 2011-1.3%
Q1 2011+7.1%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro