Genesco Inc. (GCO) Financial Statements (2023 and earlier)

Company Profile

Business Address 535 MARRIOTT DRIVE
NASHVILLE, TN 37214
State of Incorp. TN
Fiscal Year End January 31
Industry (SIC) 5661 - Shoe Stores (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

7/31/2023
MRQ
1/31/2023
1/31/2022
1/31/2021
1/31/2020
1/31/2019
1/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments483212158116740
Cash and cash equivalents483212158116740
Receivables4140312913243
Inventory, net of allowances, customer advances and progress billings458278291365367543
Inventory458278291365367543
Prepaid expense      2
Other undisclosed current assets2672130326565
Total current assets:573710668508731693
Noncurrent Assets
Operating lease, right-of-use asset471544622735
Property, plant and equipment234216208238277383
Intangible assets, net (including goodwill)66686912894102
Goodwill38393912293100
Intangible assets, net (excluding goodwill)273031512
Prepaid expense 54     
Deferred income tax assets291 19
Other noncurrent assets312221212625
Other undisclosed noncurrent assets0  3152113
Total noncurrent assets:8848529201,172450622
TOTAL ASSETS:1,4561,5621,5871,6801,1811,315
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities226289256219267251
Taxes payable  122018
Employee-related liabilities  324321
Accounts payable145152150136159141
Accrued liabilities81136106404572
Deferred revenue 665 
Debt 6 114392
Disposal group, including discontinued operation      2
Other undisclosed current liabilities12213714101 
Total current liabilities:361432403362276255
Noncurrent Liabilities
Long-term debt and lease obligation454885616625787
Long-term debt, excluding current maturities451633145787
Liabilities, other than long-term debt4444057354961
Deferred revenue and credits59
Deferred rent credit     49
Disposal group, including discontinued operation, liabilities      2
Other liabilities43405735  
Operating lease, liability401472528648
Other undisclosed noncurrent liabilities    26282
Total noncurrent liabilities:489528618699167230
Total liabilities:8499601,0211,061444485
Equity
Equity, attributable to parent607602567619738829
Preferred stock111111
Common stock131415152020
Treasury stock, value(18)(18)(18)(18)(18)(18)
Additional paid in capital305291282274264251
Accumulated other comprehensive loss(41)(36)(35)(32)(38)(29)
Retained earnings347350321379509604
Equity, attributable to noncontrolling interest      2
Total equity:607602567619738831
TOTAL LIABILITIES AND EQUITY:1,4561,5621,5871,6801,1811,315

Income Statement (P&L) ($ in millions)

7/31/2023
TTM
1/31/2023
1/31/2022
1/31/2021
1/31/2020
1/31/2019
1/31/2018
Revenues2,3852,4221,7872,1972,1892,907
Revenue, net2,907
Cost of revenue
(Cost of Goods and Services Sold)
(1,249)(1,241)(982)(1,134)(1,141)(1,491)
Gross profit:1,1361,1818041,0631,0471,416
Operating expenses(1,042)(1,034)(814)(966)(962)(1,504)
Other undisclosed operating income (loss)(1)8(98)(13)(3)(9)
Operating income (loss):93156(107)8382(96)
Nonoperating income (expense)(0)(0)1210
Investment income, nonoperating  0210
Net periodic defined benefits expense (reversal of expense), excluding service cost component(0)(0)100
Interest and debt expense(3)(2)(5)(3)(5)(5)
Income (loss) from continuing operations before equity method investments, income taxes:90153(112)8278(102)
Other undisclosed loss from continuing operations before income taxes      
Income (loss) from continuing operations before income taxes:90153(112)8278(102)
Income tax expense (benefit)(18)(38)56(21)(27)(10)
Income (loss) from continuing operations:72115(56)6251(111)
Income (loss) before gain (loss) on sale of properties:115(56)6150(111)
Loss from discontinued operations   (0)(0)(1) 
Net income (loss):72115(56)6150(111)
Other undisclosed net income (loss) attributable to parent(0)(0)(0)0(102)(0)
Net income (loss) attributable to parent:72115(56)61(52)(112)
Other undisclosed net income available to common stockholders, basic     1030
Net income (loss) available to common stockholders, diluted:72115(56)6151(111)

Comprehensive Income ($ in millions)

7/31/2023
TTM
1/31/2023
1/31/2022
1/31/2021
1/31/2020
1/31/2019
1/31/2018
Net income (loss):72115(56)6150(111)
Other comprehensive loss     (1) 
Comprehensive income (loss):72115(56)6149(111)
Comprehensive income, net of tax, attributable to noncontrolling interest     9 
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(5)(1)(3)6(118)22
Comprehensive income (loss), net of tax, attributable to parent:67114(60)68(61)(90)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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