Content about Genesco

April 8, 2013

Genesco Inc. said it will withdraw its listing on the Chicago Stock Exchange, citing a need to streamline operations and eliminate overlapping administrative requirements and costs.

Nashville -- Genesco Inc. said Friday it will withdraw its listing on the Chicago Stock Exchange, citing a need to streamline operations and eliminate overlapping administrative requirements and costs.

The company, which owns the Journeys, Lids, and Johnston & Murphy banners among others, will continue to list its common stock on the New York Stock Exchange.  

 

November 30, 2012

Genesco Inc. said its third-quarter profit increased to $41 million, from $26.2 million in the year-ago period, better than Wall Street expected.

Nashville, Tenn. -- Genesco Inc. said Friday its third-quarter profit increased to $41 million, from $26.2 million in the year-ago period, better than Wall Street expected. The company also raised its fiscal 2013 outlook, even as it warned that November was off to a slow start.

March 2, 2012

Footwear retailer Genesco Inc. said its fourth-quarter net income from continuing operations rose to $41.5 million from $31.4 million a year ago.

Nashville, Tenn. -- Footwear retailer Genesco Inc. said its fourth-quarter net income from continuing operations rose to $41.5 million from $31.4 million a year ago. Its results easily topped Wall Street expectations.

Revenue in the quarter rose 29% to $723 million. Same-store sales increased 12%. By brand, same-store sales were up 13% at Lids Sports Group and 14% at the Journeys Group. Johnston & Murphy Retail’s sales increased by 8%, and Underground Station decreased by 4%.
 

August 31, 2011

Genesco, parent to the Journeys, Lids and Johnston & Murphy banners, reported Wednesday a loss of $392,000 for the quarter ended July 31, compared with a loss of $3.2 million in the year-ago period.

Nashville, Tenn. – Genesco, parent to the Journeys, Lids and Johnston & Murphy banners, reported Wednesday a loss of $392,000 for the quarter ended July 31, compared with a loss of $3.2 million in the year-ago period.

Sales rose 29% to $471 million, from $364 million. Same-store sales surged 14%, with the Lids Sports Group up 12%, the Journeys Group up 15%, the Johnston & Murphy Group up 17%, and the Underground Station Group up 10%.

The company said it is raising its fiscal 2012 guidance, based on the performance.

August 31, 2011

Genesco, parent to the Journeys, Lids and Johnston & Murphy banners, reported Wednesday a loss of $392,000 for the quarter ended July 31, compared with a loss of $3.2 million in the year-ago period.

Nashville, Tenn. – Genesco, parent to the Journeys, Lids and Johnston & Murphy banners, reported Wednesday a loss of $392,000 for the quarter ended July 31, compared with a loss of $3.2 million in the year-ago period.

Sales rose 29% to $471 million, from $364 million. Same-store sales surged 14%, with the Lids Sports Group up 12%, the Journeys Group up 15%, the Johnston & Murphy Group up 17%, and the Underground Station Group up 10%.

The company said it is raising its fiscal 2012 guidance, based on the performance.

June 23, 2011

Genesco announced Thursday that it has acquired Schuh Group, a specialty retailer of casual and athletic footwear based in the United Kingdom.

Nashville, Tenn. -- Genesco announced Thursday that it has acquired Schuh Group, a specialty retailer of casual and athletic footwear based in the United Kingdom.

The purchase price was $159 million.

Headquartered in Scotland, Schuh operates 59 stores in the United Kingdom and Republic of Ireland, 16 concessions in Republic apparel stores and one of the U.K.'s largest online shoe websites. 

June 23, 2011

Genesco announced Thursday that it has acquired Schuh Group, a specialty retailer of casual and athletic footwear based in the United Kingdom.

Nashville, Tenn. -- Genesco announced Thursday that it has acquired Schuh Group, a specialty retailer of casual and athletic footwear based in the United Kingdom.

The purchase price was $159 million.

Headquartered in Scotland, Schuh operates 59 stores in the United Kingdom and Republic of Ireland, 16 concessions in Republic apparel stores and one of the U.K.'s largest online shoe websites. 

March 4, 2011

Genesco said Friday that its net income rose 19%, boosted by acquisitions and higher revenue from its stores.

Nashville, Tenn. -- Genesco said Friday that its net income rose 19%, boosted by acquisitions and higher revenue from its stores.

Net income rose 19% to $30.9 million, from $25.9 million in the prior-year period. Revenue rose 17% to $560.5 million, from $479 million. Analysts expected revenue of $539.8 million.

Same-store sales were up 9%.

For the full year, net income rose 85% to $53.2 million. Revenue rose 14% to $1.79 billion, from $1.57 billion.

March 4, 2011

Genesco said Friday that its net income rose 19%, boosted by acquisitions and higher revenue from its stores.

Nashville, Tenn. -- Genesco said Friday that its net income rose 19%, boosted by acquisitions and higher revenue from its stores.

Net income rose 19% to $30.9 million, from $25.9 million in the prior-year period. Revenue rose 17% to $560.5 million, from $479 million. Analysts expected revenue of $539.8 million.

Same-store sales were up 9%.

For the full year, net income rose 85% to $53.2 million. Revenue rose 14% to $1.79 billion, from $1.57 billion.

December 10, 2010

Genesco reported on Friday a criminal intrusion into the portion of its computer network that processes payment card transactions ...

Nashville, Tenn. -- Genesco reported on Friday a criminal intrusion into the portion of its computer network that processes payment card transactions for its U.S. Journeys stores, Journeys Kidz, Shi by Journeys and Johnston & Murphy stores, and for some of its Underground Station stores.

The retailer announced that it took immediate steps to secure the affected part of its network and said it believes the intrusion has been contained.

December 10, 2010

Genesco reported on Friday a criminal intrusion into the portion of its computer network that processes payment card transactions ...

Nashville, Tenn. -- Genesco reported on Friday a criminal intrusion into the portion of its computer network that processes payment card transactions for its U.S. Journeys stores, Journeys Kidz, Shi by Journeys and Johnston & Murphy stores, and for some of its Underground Station stores.

The retailer announced that it took immediate steps to secure the affected part of its network and said it believes the intrusion has been contained.

September 1, 2010

Hat World, a subsidiary of Genesco, has acquired Anaconda Sports, one of the largest independent...

September 1, 2010

Hat World, a subsidiary of Genesco, has acquired Anaconda Sports, one of the largest independent...

August 31, 2010

Genesco reported Wednesday that it lost $2.4 million in the quarter ended July 31, compared...

August 31, 2010

Genesco reported Wednesday that it lost $2.4 million in the quarter ended July 31, compared...

June 1, 2010

Journeys, a division of Genesco, has expanded into the Canadian market with the opening of...

May 26, 2010

Genesco announced that its Hat World subsidiary has entered into an agreement to acquire the...

March 15, 2010

Hat retailer Lids, a division of Genesco, said Tuesday it has signed two leases in...

March 3, 2010

Genesco said Thursday that online and catalog sales boosted its fourth-quarter profit....

March 3, 2010

Genesco said Thursday that online and catalog sales boosted its fourth-quarter profit....

January 18, 2010

Fujitsu announced that Genesco has successfully upgraded its point-of-sale infrastructure with the Fujitsu TeamPoS 3000...

January 12, 2009

Shoe and hat seller Genesco Inc. said Tuesday that 4Q same-store sales are likely to...

August 27, 2008

Genesco Inc. said Thursday its second-quarter loss more than doubled as results were hurt by...

June 18, 2008

Genesco Inc. said Thursday president Robert J. Dennis will take on the additional role of...

March 27, 2008

The Finish Line Inc. on Thursday said it swung to a fiscal fourth-quarter loss, hurt...