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 Abbott Laboratories (ABT) Q1 2024 earnings results
Abbott Laboratories (NYSE: ABT) reported its first quarter 2024 earnings results today. Total sales increased 2.2% year-over-year to $10 billion. Organic sales growth was 10.8%. Net earnings decreased 7% to $1.22
US Bancorp (USB) Q1 2024 Earnings: Key financials and quarterly highlights
US Bancorp (NYSE: USB) reported its first quarter 2024 earnings results today. Total net revenue decreased 6.4% year-over-year to $6.7 billion. Net income applicable to US Bancorp common shareholders decreased
UAL Earnings: United Airlines Q1 loss narrows on higher revenues; results beat
United Airlines Holdings, Inc. (NYSE: UAL) reported a narrower net loss for the first quarter of 2024, on an adjusted basis. The bottom line benefitted from an increase in revenues.
