Genesco Inc. (NYSE: GCO) reports results for the fourth quarter of 2019 on March 14, 2019, before the market opens. Net sales from continuing operations slipped 2% in the quarter to $675 million from $689 million in the fourth quarter of fiscal 2018. If the extra week’s revenue from last year’s 14-week quarter and the impact of lower exchange rates this year were excluded, revenue was up 4%.
Net loss for the three-month period was $3.29 per diluted share, compared to a profit of $2.90 per share last year.
Comparable sales from continuing operations fell 4%, with stores up 3% and direct up 10%.
GAAP earnings from continuing operations fell to $29.7 million, from last year’s $48.4 million Adjusted earnings from continuing operations grew to $42.4 million from $35.7 million a year ago.
Earnings Calendar: Browse through our earnings calendar and get all scheduled earnings announcements, analyst/investor conference and much more!
Most Popular
Key highlights from Halliburton (HAL) Q1 2021 earnings results
Halliburton Company (NYSE: HAL) reported first-quarter 2021 earnings results today. Total revenue decreased by 31% to $3.45 billion from $5.03 billion year on year. The company had a net income
Key highlights from Intuitive Surgical (ISRG) Q1 2021 earnings results
Intuitive Surgical, Inc. (NASDAQ: ISRG) reported first quarter 2021 earnings results today. Revenues increased 18% year-over-year to $1.29 billion, driven by growth in da Vinci procedures and system placements. GAAP net income
Earnings Infographic: Netflix (NFLX) subscriber growth slows; Q1 results beat
Netflix, Inc. (NASDAQ: NFLX) Tuesday said its first-quarter 2021 earnings more than doubled. Both revenues and profit topped the Street view, but the streaming giant's subscriber growth decelerated. At the