Genesco GAAP earnings $0.05Christian Fernsby ▼ | September 6, 2019
Genesco reported GAAP earnings from continuing operations per diluted share of $0.05 for the three months ended August 3, 2019, compared to $0.00 in the second quarter last year.
Genesco Net sales for the second quarter of Fiscal 2020 were flat
Net sales for the second quarter of Fiscal 2020 were flat at $487 million compared to the second quarter of Fiscal 2019.
Excluding the effect of lower exchange rates, net sales would have increased 1%.
Comparable sales increased 3%, with stores up 1% and direct up 20%.
Direct-to-consumer sales were 10.4% of total retail sales for the quarter, compared to 8.9% last year. ■