earnings
confidence high
sentiment positive
materiality 0.85
Genesco Q4 net sales $728M (+14% YoY); adj EPS $3.48 vs $2.76; FY adj EPS $7.62 record; FY23 guidance $7.00-$7.75
GENESCO INC
2022-FY EPS reported
$7.92
revenue$2,422,084,000
- Q4 net sales $728M (+14% YoY, +7% vs pre-pandemic); gross margin 48.9% (+310bps vs last year).
- Adjusted EPS from cont ops $3.48 (Q4) vs $2.76 last year; FY adj EPS $7.62 record vs $(1.18) loss in FY21.
- FY22 full-year net sales $2.4B (+36% YoY); operating cash flow $240M; repurchased $82.8M in stock (9% of shares outstanding).
- Fiscal 2023 guidance: adj EPS $7.00-$7.75 (near midpoint); sales growth 2-4%; tax rate 27-28%.