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Genesco To Acquire Footwear Licensee Togast

December 18, 2019 SGB Update

Genesco Inc. announced Wednesday it has entered into a definitive asset purchase agreement to acquire New York-based Togast LLC, which specializes in the design, sourcing and sale of licensed footwear.

Journeys’ Hot Streak Continues For Genesco

December 6, 2019 SGB Executive

Boosted by continued strength of Journeys coupled with significant improvement at Schuh, Genesco Inc.’s third-quarter earnings came in well above Wall Street estimates and the company significantly lifted its EPS outlook for the year.

Genesco Lifts Full-Year Guidance On Journeys’ Q3 Momentum

December 6, 2019 SGB Update

Genesco Inc. raised its outlook for the year after reporting third-quarter profit and same-store sales rose above expectations.
Among its segments, same-store sales grew 4 percent at Journeys and improved 3 percent for Schuh while falling 6 percent at Johnston & Murphy.

Genesco Promotes Mimi Vaughn To CEO

November 4, 2019 SGB Update

Genesco Inc. announced that Mimi Eckel Vaughn, 53, currently the company’s senior vice president and chief operating officer, has been named Genesco’s next president and chief executive officer, effective February 2, 2020, the start of the company’s new fiscal year.

Genesco Names Chief Accounting Officer

October 31, 2019 SGB Update

Genesco Inc. announced the appointment of Brent Baxter as the company’s new vice president, chief accounting officer, succeeding Paul Williams, who recently announced his retirement after 42 years with the company.

Genesco Appoints General Counsel

October 16, 2019 SGB Update

Genesco Inc. announced today that it has appointed Scott E. Becker as senior vice president, general counsel, and corporate secretary of the company, effective October 23, 2019. He succeeds Roger Sisson who retired from Genesco earlier this year.

Genesco Announces New $100 Million Stock Buyback Program

September 30, 2019 SGB Update

Genesco Inc. announced that its board of directors has authorized it to repurchase up to $100 million of the company’s common stock.

Genesco Raises Full-Year Outlook On Journeys’ Momentum

September 6, 2019 SGB Update

Genesco Inc. lifted its full-year outlook after reporting a surprise profit in the second quarter. Same-store sales also came out ahead of expectations, led by a 4 percent gain by Journeys Group. Bob Dennis, CEO, said, “We delivered second quarter consolidated results that exceeded expectations across the board.”

Genesco Names Mel Tucker As New Chief Financial Officer

June 12, 2019 SGB Update

Genesco Inc. announced that it has appointed Mel Tucker, 54, senior vice president of finance and chief financial officer, effective June 24, 2019. Tucker succeeds Mimi E. Vaughn, who recently was promoted to chief operating officer.

Journeys’ 2018 Momentum Carries Over Into Q1 To Lift Genesco

May 31, 2019 SGB Executive

The successful back-to-school and holiday seasons that Journeys posted last year carried over into the first quarter, propelling parent Genesco Inc. to a revenue and earnings beat and prompting the company to expect full-year earnings at the high end of guidance.

Genesco’s Q1 Boosted By Journeys

May 31, 2019 SGB Update

Genesco Inc. said both sales and earnings exceeded expectations in the first quarter due to continued momentum at Journeys. The retailer now expects full-year earnings at the high-end of guidance.

Genesco Announces New Stock Repurchase Authorization

May 3, 2019 SGB Update

Genesco Inc. announced its board of directors has authorized it to repurchase up to $100 million of the company’s common stock.

Genesco Promotes Mimi Vaughn To COO

May 1, 2019 SGB Update

Genesco Inc. announced that Mimi Eckel Vaughn has been named chief operating officer of the company, effective May 1, 2019. In addition to her new role, Vaughn will continue as chief financial officer until a new chief financial officer is appointed.

Strong Boot And Retro Sales At Journeys Lifts Genesco’s Q4

March 14, 2019 SGB Executive

Powered by healthy momentum for the Journeys chain, Genesco Inc.’s earnings before non-recurring items rose 18.8 percent in the fourth quarter. The company was also aided by a better-than-expected performance by the recently-sold Lids Sports Group in its last quarter with the company.

Genesco Q4 Exceeds Guidance On Journeys Momentum

March 14, 2019 SGB Update

Genesco Inc. reported earnings excluding non-recurring items rose 18.8 percent in the fourth quarter. Comps grew 4 percent, led by a 7 percent climb at the Journeys chain.