Brief: Genesco Inc. Reports Fiscal 2023 Second Quarter Results

Genesco

01/09/2022 12:35

Sept 1 (Reuters) - Genesco Inc  GCO.N :
    * GENESCO INC. REPORTS FISCAL 2023 SECOND QUARTER RESULTS
    * GENESCO INC Q2 GAAP EARNINGS PER SHARE $0.59
    * GENESCO INC Q2 SALES FELL 4 PERCENT TO $535.0 MILLION
    * GENESCO INC Q2 NON-GAAP EARNINGS PER SHARE $0.59
    * GENESCO INC - SEES FY23 SALES ARE NOW EXPECTED TO BE DOWN
3% TO
FLAT, COMPARED TO FY22
    * GENESCO INC SEES FY ADJUSTED EARNINGS PER SHARE $6.25 TO
$7.00
FROM CONTINUING OPERATIONS
    * GENESCO -IN LIGHT OF CURRENT IMPACT INFLATION IS HAVING ON
CONSUMER SPENDING, BELIEVE IT'S PRUDENT TO TAKE MORE
CONSERVATIVE APPROACH TO H2 OUTLOOK

Source text for Eikon:  ID:nPn4wXKZta 
Further company coverage:  GCO.N 

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