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Article Date: January 2020
Word Count: 315

Genesco Looks to Build on Momentum from 2019


Finally relieved of the Lids business and with a solid Holiday performance boosted by strong e-commerce gains, GCO told the ICR Conference it would report Q4 at the upper end of its guidance in the range of $4.10-4.40 per share ($62.5 mm). And it continues to see good momentum at Journeys along with encouraging signs at Schuh that, coupled with some more scale in its licensed business from the acquisition of then Levi brand, will enable it to keep improving in 2020 as it transitions to new CEO Mimi Vaughan.

 

For Q4, Journeys had a comp of 3% driven by year-round ... Log in to view full article.

 


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