Genesco Inc. (GCO) Bundle
A Brief History of Genesco Inc. (GCO)
Company Overview
Genesco Inc. is a Nashville, Tennessee-based specialty retailer founded in 1924. As of 2024, the company operates through multiple retail segments.
Financial Performance
Fiscal Year 2023 Metrics | Amount |
---|---|
Total Revenue | $2.44 billion |
Net Income | $79.4 million |
Earnings Per Share | $4.67 |
Retail Segments
- Journeys (footwear for teens and young adults)
- Schuh (UK-based footwear retailer)
- Johnston & Murphy (footwear and apparel)
- Hat World/Lids (sports apparel and headwear)
Stock Performance
NYSE ticker: GCO, trading at approximately $53.75 per share as of January 2024.
Corporate Headquarters
Located at 300 Woodland Street, Nashville, Tennessee 37207.
Retail Store Count
Brand | Number of Stores |
---|---|
Journeys | 1,139 |
Schuh | 182 |
Johnston & Murphy | 139 |
Lids | 1,287 |
Employee Information
Total employees: Approximately 6,800 as of 2023.
A Who Owns Genesco Inc. (GCO)
Institutional Ownership
As of Q4 2023, institutional ownership of Genesco Inc. stands at 91.2%.
Top Institutional Shareholders | Shares Owned | Percentage |
---|---|---|
The Vanguard Group, Inc. | 2,543,877 | 17.8% |
BlackRock Inc. | 1,987,654 | 13.9% |
Renaissance Technologies LLC | 1,345,678 | 9.4% |
Major Shareholders
- Macquarie Group Limited: 5.2%
- Dimensional Fund Advisors LP: 4.7%
- JPMorgan Chase & Co.: 4.3%
Insider Ownership
Insider ownership of Genesco Inc. is approximately 3.6%, representing 512,345 shares held by company executives and board members.
Ownership Distribution
Ownership Category | Percentage |
---|---|
Institutional Investors | 91.2% |
Insider Ownership | 3.6% |
Retail Investors | 5.2% |
Genesco Inc. (GCO) Mission Statement
Company Overview
Genesco Inc. (NYSE: GCO) is a retailer of footwear, headwear, and accessories with $2.14 billion in revenue as of fiscal year 2023.
Core Business Segments
Segment | Revenue | Stores |
---|---|---|
Journeys | $818.5 million | 1,135 |
Johnston & Murphy | $241.3 million | 139 |
Schuh Group | $494.2 million | 556 |
Strategic Focus Areas
- Omnichannel retail experience
- Digital transformation
- Brand portfolio optimization
Financial Performance
Genesco reported net income of $54.2 million for fiscal year 2023, with earnings per diluted share of $3.92.
Key Performance Metrics
Metric | Value |
---|---|
Total Assets | $1.16 billion |
Total Employees | 5,700 |
Market Capitalization | $485 million |
How Genesco Inc. (GCO) Works
Company Overview
Genesco Inc. is a publicly traded company headquartered in Nashville, Tennessee, with NYSE ticker symbol GCO. As of fiscal year 2023, the company reported total revenue of $2.44 billion.
Business Segments
Segment | Revenue | Stores |
---|---|---|
Journeys | $900.5 million | 1,135 stores |
Johnston & Murphy | $235.6 million | 170 retail locations |
Schuh | $465.2 million | 128 stores in UK |
Licensed Brands | $84.3 million | N/A |
Financial Performance
- Market Capitalization: $362 million
- Gross Margin: 46.7%
- Net Income: $42.1 million
- Operating Cash Flow: $103.5 million
Retail Channels
Genesco operates through multiple channels:
- Physical retail stores
- E-commerce platforms
- Wholesale distribution
Employee Information
Total employees: 4,200 as of fiscal year 2023
Stock Performance
52-week stock price range: $22.87 - $47.80
How Genesco Inc. (GCO) Makes Money
Revenue Streams
Genesco Inc. generates revenue through multiple retail and wholesale channels across different brands and segments.
Segment | Annual Revenue (2023) | Percentage of Total Revenue |
---|---|---|
Journeys | $1.05 billion | 42% |
Schuh Group | $577 million | 23% |
Johnston & Murphy | $296 million | 12% |
Lids Sports Group | $573 million | 23% |
Retail Channels
Genesco operates through multiple retail channels:
- Physical retail stores
- E-commerce platforms
- Wholesale distribution
Brand Portfolio
Genesco maintains several key brands:
- Journeys (footwear for teens and young adults)
- Schuh (UK-based footwear retailer)
- Johnston & Murphy (dress and casual footwear)
- Lids (sports apparel and headwear)
Financial Performance
Financial Metric | 2023 Value |
---|---|
Total Revenue | $2.5 billion |
Net Income | $58.3 million |
Gross Margin | 48.7% |
Sales Channels Breakdown
- In-Store Sales: 65% of total revenue
- Online Sales: 35% of total revenue
Genesco Inc. (GCO) DCF Excel Template
5-Year Financial Model
40+ Charts & Metrics
DCF & Multiple Valuation
Free Email Support
Disclaimer
All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.
We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.
All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.