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Genesco Inc Reports Fiscal 2022 Second Quarter Results

Genesco Inc Reports Fiscal 2022 Second Quarter Results
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Genesco Inc Reports Fiscal 2022 First Quarter Results

First Quarter Fiscal 2022 Financial Summary Net sales increased 93% from last year to $539 million Net sales increased 9% over the first quarter two years ago with stores open about 90% of days GAAP operating income increased 71% over first quarter two years ago Non-GAAP operating income increased 125% over first quarter two years ago Comparable direct sales increased 43% Inventory down 23% Non-GAAP EPS from continuing operations was $0.79 1 vs. ($3.65) last year and $0.33 two years ago Genesco Inc. (NYSE: GCO) today reported GAAP earnings from continuing operations per diluted share of $0.60 for the three months ended May 1, 2021, compared to a loss from continuing operations per diluted share of ($9.54) in the first quarter last year and earnings from continuing operations of $0.36 per diluted share two years ago.  Adjusted for the Excluded Items in all periods, the Company reported first quarter earnings from continuing operations per diluted share of $0.79, compar

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