Brief: Genesco Reports Fiscal 2023 Third Quarter Results

Genesco

02/12/2022 12:19

Dec 2 (Reuters) - Genesco Inc  GCO.N :
    * . REPORTS FISCAL 2023 THIRD QUARTER RESULTS
    * Q3 GAAP EARNINGS PER SHARE $1.66
    * Q3 NON-GAAP EARNINGS PER SHARE $1.65
    * QTRLY NET SALES OF $604 MILLION, AN INCREASE OF 1% FROM
LAST
YEAR
    * Q3 EARNINGS PER SHARE VIEW $1.57, REVENUE VIEW $590.2
MILLION --
REFINITIV IBES DATA
    * SEES  FISCAL 2023 ADJUSTED DILUTED EARNINGS PER SHARE FROM
CONTINUING OPERATIONS IN RANGE OF $5.50 TO $5.90
    * QTRLY COMPS WERE UP 3% WITH EVERY BUSINESS POSTING GAINS
    * SALES IN FISCAL 2023 ARE NOW EXPECTED TO BE DOWN 1% TO 2%
    * FY2023 EARNINGS PER SHARE VIEW $6.44, REVENUE VIEW $2.38
BILLION
-- REFINITIV IBES DATA
    * SALES HAVE RE-ACCELERATED WITH START OF HOLIDAY SEASON

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