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GCO (Genesco) Retained Earnings : $266 Mil (As of Jan. 2025)


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What is Genesco Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Genesco's retained earnings for the quarter that ended in Jan. 2025 was $266 Mil.

Genesco's quarterly retained earnings declined from Jul. 2024 ($251 Mil) to Oct. 2024 ($232 Mil) but then increased from Oct. 2024 ($232 Mil) to Jan. 2025 ($266 Mil).

Genesco's annual retained earnings declined from Jan. 2023 ($347 Mil) to Jan. 2024 ($297 Mil) and declined from Jan. 2024 ($297 Mil) to Jan. 2025 ($266 Mil).


Genesco Retained Earnings Historical Data

The historical data trend for Genesco's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Genesco Retained Earnings Chart

Genesco Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 320.92 350.21 346.87 296.77 265.89

Genesco Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 296.77 271.65 251.35 232.00 265.89

Genesco Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Genesco  (NYSE:GCO) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Genesco Business Description

Traded in Other Exchanges
N/A
Address
535 Marriott Drive, Nashville, TN, USA, 37214
Genesco Inc. sells footwear, headwear, sports apparel, and accessories through four main segments. The Journeys Group generates the highest revenue, encompassing the Journeys, Journeys Kidz, and Little Burgundy brands, along with e-commerce and catalog sales. The Schuh Group targets teenagers and young adults aged 16 to 24, focusing on casual and athletic footwear. The Johnston & Murphy Group operates retail shops and factory stores across the United States. Finally, the Genesco Brands Group designs and sources licensed footwear for brands like Levi's, Dockers, and G.H. Bass.
Executives
Gregory A Sandfort director GENESCO INC., 535 MARRIOTT DRIVE, NASHVILLE TN 37214
Daniel E Ewoldsen officer: Senior VP 535 MARRIOTT DRIVE, NASHVILLE TN 37214
Matthew C Diamond director
Mimi Eckel Vaughn officer: Vice President C/O GENESCO INC, 535 MARRIOTT DRIVE, NASHVILLE TN 37214
Thomas George officer: Sr VP-Finance and Interim CFO 535 MARRIOTT DRIVE, NASHVILLE TN 37214
Matthew M Bilunas director C/O BEST BUY CO., INC., 7601 PENN AVENUE SOUTH, RICHFIELD MN 55423
Carolyn Bojanowski director 79 CLYDE, SAN RAFAEL CA 94901
Kathleen Mason director GENESCO INC., 1415 MURFREESBORO ROAD, NASHVILLE TN 37217
Mary E Meixelsperger director 810 DSW DRIVE, COLUMBUS OH 43219
Angel R Martinez director C/O TUPPERWARE BRANDS CORP, PO BOX 2353, ORLANDO FL 32802-2353
Marty G Dickens director
Thurgood Jr Marshall director 3000 K STREET N W, SUITE 300, WASHINGTON DC 20007-5116
John F Lambros director 535 MARRIOTT DRIVE, NASHVILLE TN 37214
Robert J Dennis officer: Senior Vice President GENESCO INC., 1415 MURFREESBORO ROAD, NASHVILLE TN 37217
Brently G. Baxter officer: VP & Chief Accounting Officer C/O GENESCO INC., 535 MARRIOTT DRIVE, NASHVILLE TN 37214