Genesco inc. reports fiscal 2021 fourth quarter and full year results

Nashville, tenn., march 11, 2021 /prnewswire/ -- fourth quarter fiscal 2021 financial summary net sales decreased 6% from last year to $637 million with stores open about 90% of days comparable sales increased 1% highlighted by strong 55% e-commerce comp growth journeys achieves record operating income inventory down 20% gaap eps from continuing operations was $6.20 non-gaap eps from continuing operations was $2.76 1 fiscal 2021 financial summary net sales decreased 19% from last year to $1.8 billion with stores open 76% of days highlighted by strong 74% e-commerce comp growth generated cash flow of $134 million gaap eps from continuing operations was $(3.94) non-gaap eps from continuing operations was $(1.18) 1 genesco inc. (nyse: gco) today reported gaap earnings from continuing operations per diluted share of $6.20 for the three months ended january 30, 2021, compared to earnings from continuing operations per diluted share of $2.49 in the fourth quarter last year.
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