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Genesco Inc. (GCO) reported that comparable sales, including both stores and direct sales, decreased 3% for the quarter-to-date period ended December 26, 2020. Same store sales declined 14%. Sales for the e-commerce businesses rose 49% on a comparable basis for that period.


RTTNews | Jan 11, 2021 07:07AM EST

07:07 Monday, January 11, 2021 (RTTNews.com) - Genesco Inc. (GCO) reported that comparable sales, including both stores and direct sales, decreased 3% for the quarter-to-date period ended December 26, 2020. Same store sales declined 14%. Sales for the e-commerce businesses rose 49% on a comparable basis for that period.

The company's stores were open for approximately 90% of the possible days during fiscal November and December, with Schuh's stores operating for approximately 50% of the period. Overall sales decreased by 8% for the quarter-to-date period ended December 26, 2020.

Read the original article on RTTNews ( https://www.rttnews.com/3159292/genesco-quarter-to-date-total-comps-down-3-quick-facts.aspx)

For comments and feedback: contact editorial@rttnews.com

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