Genesco Inc’s net sales rose 2.9 per cent to $596.3 million in Q3 FY25, with a gross margin of 47.8 per cent.
Operating income was $10.2 million, but higher tax expenses led to a net loss of $18.9 million.
E-commerce sales grew 15 per cent YoY, representing 24 per cent of retail sales.
For FY25, sales are expected to range from a 1 per cent decline to flat, with adjusted EPS of $0.80–$1.00.
Operating income was $10.2 million, but higher tax expenses led to a net loss of $18.9 million.
E-commerce sales grew 15 per cent YoY, representing 24 per cent of retail sales.
For FY25, sales are expected to range from a 1 per cent decline to flat, with adjusted EPS of $0.80–$1.00.
