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Genesco tops $3 billion mark in 2015

2016-03-12 00:43:53| Footwear - Topix.net

Specialty retailer Genesco surpassed a significant sales milestone last year, but the operator of nearly 2,700 stores faced some self-imposed profitability challenges as it positioned the business for 2016. Nashville-based Genesco, best known for its Lids and Journeys stores, said sales increased 4.4% to $932 million and same store sales increased 4% during the quarter ended Jan. 30. Comparable sales reflected a 2% increase in same store sales and a 21% increase in e-commerce sales.

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