-1.68%
-1.26%
64.75%
36.91%
51.94%
-34.39%
7.35%

Company Description

Genesco Inc.operates as a retailer and wholesaler of footwear, apparel, and accessories.The company operates through four segments: Journeys Group, Schuh Group, Johnston & Murphy Group, and Licensed Brands.


The Journeys Group segment offers footwear and accessories through the Journeys, Journeys Kidz, and Little Burgundy retail chains, as well as through e-commerce and catalogs for young men, women, and children.The Schuh Group segment operates Schuh retail footwear stores that offer casual and athletic footwear, as well as sells footwear through e-commerce.The Johnston & Murphy Group segment is involved in the retail and e-commerce operations; and wholesale distribution of men's dress and casual footwear, apparel, and accessories, as well as women's footwear and accessories.


The Licensed Brands segment markets footwear under the Levi's, Dockers, and G.H. Bass brands for men, women, and children, as well as designs and manufactures the STARTER and ETONIC brands footwear.As of January 29, 2022, the company operated approximately 1,425 retail stores in the United States, Puerto Rico, Canada, the United Kingdom, and the Republic of Ireland primarily under the Journeys, Journeys Kidz, Schuh, Little Burgundy, and Johnston & Murphy names.Its e-commerce websites include journeys.com, journeyskidz.com, journeys.ca, schuh.co.uk, schuh.ie, schuh.eu, johnstonmurphy.com, littleburgundyshoes.com, johnstonmurphy.ca, nashvilleshoewarehouse.com, and dockersshoes.com.


Genesco Inc.was incorporated in 1924 and is headquartered in Nashville, Tennessee.

Market Data

Last Price 42.21
Change Percentage -1.68%
Open 42.58
Previous Close 42.93
Market Cap ( Millions) 473
Volume 18990
Year High 44.8
Year Low 23.21
M A 50 39.31
M A 200 30.21

Financial Ratios

FCF Yield 10.83%
Dividend Yield 0.00%
ROE -4.79%
Debt / Equity 110.69%
Net Debt / EBIDTA 1192.29%
Price To Book 0.88
Price Earnings Ratio -17.43
Price To FCF 9.23
Price To sales 0.2
EV / EBITDA 22.4

News

Business Breakdown

Expected Mid-Term Growth

Segment nΒ°1 -> Journeys Group

Expected Growth : 2 %

What the company do ?

Journeys Group, a subsidiary of Genesco Inc., is a retail footwear company operating several brands, including Journeys, Journeys Kidz, and Shi by Journeys, offering a wide range of footwear and accessories.

Why we expect these perspectives ?

Journeys Group's 2% growth is driven by increasing demand for casual footwear, successful marketing campaigns targeting younger demographics, and strategic store remodels enhancing customer experience. Additionally, the group's focus on omnichannel retailing and e-commerce expansion has contributed to sales growth.

Segment nΒ°2 -> Schuh Group

Expected Growth : 3 %

What the company do ?

The Schuh Group, acquired by Genesco Inc. in 2011, is a UK-based footwear retailer operating in the UK, Ireland, and Europe.

Why we expect these perspectives ?

Schuh Group's 3% growth is driven by its strong brand reputation, effective omnichannel strategy, and focus on customer experience. Additionally, its diversified product offerings, including popular brands like Dr. Martens and Vans, contribute to its growth. Furthermore, the company's strategic expansion into new markets and online channels also support its growth momentum.

Segment nΒ°3 -> Johnston & Murphy Group

Expected Growth : 1 %

What the company do ?

Johnston & Murphy Group, a subsidiary of Genesco Inc., is a leading American footwear and apparel company offering high-quality, stylish products for men and women.

Why we expect these perspectives ?

Johnston & Murphy's 1% growth is driven by increasing demand for high-quality, comfortable footwear and apparel, particularly among professionals and business casual consumers. The brand's focus on innovative products, omnichannel retailing, and effective marketing strategies have contributed to its steady growth.

Segment nΒ°4 -> Genesco Brands

Expected Growth : 0 %

What the company do ?

Genesco Brands, a subsidiary of Genesco Inc., operates retail footwear and accessories stores, including Journeys, Johnston & Murphy, and Hat Shack, offering a range of branded and licensed products.

Why we expect these perspectives ?

Genesco Brands from Genesco Inc. has stagnant growth due to declining mall traffic, intense competition from online retailers, and failure to adapt to changing consumer preferences. Additionally, high inventory levels, inefficient supply chain management, and lack of effective marketing strategies have contributed to the stagnant growth.

Genesco Inc. Products

Product Range What is it ?
Journeys A leading retailer of footwear and accessories for teens and young adults, offering a wide range of brands and styles.
Journeys Kidz A retailer of kids' footwear and accessories, offering a variety of brands and styles for children of all ages.
Shi by Journeys A retailer of fashion footwear and accessories for young women, offering a curated selection of trendy brands and styles.
Johnston & Murphy A retailer of high-quality, stylish footwear and accessories for men and women, offering a range of classic and contemporary styles.
Hat Shack A retailer of hats and caps for men and women, offering a wide selection of styles and brands.
Lids A retailer of hats and caps for men and women, offering a wide selection of styles and brands, with a focus on sports and entertainment.

Genesco Inc.'s Porter Forces

Genesco Inc. operates in the retail industry, which is characterized by a moderate level of substitutes. While there are many alternatives to Genesco's products, the company's strong brand recognition and customer loyalty mitigate the threat of substitutes.

Genesco Inc. operates in a highly competitive market, where customers have a high degree of bargaining power. The company's customers have many alternatives, and the switching costs are low, giving them significant negotiating power.

Genesco Inc. has a diverse supplier base, which reduces the bargaining power of individual suppliers. The company's large scale of operations also gives it significant negotiating power over its suppliers.

The retail industry has significant barriers to entry, including high capital requirements and the need for a strong brand reputation. These barriers make it difficult for new entrants to compete with established players like Genesco Inc.

The retail industry is highly competitive, with many established players competing for market share. Genesco Inc. operates in a highly competitive market, where companies must constantly innovate and adapt to changing consumer preferences to remain competitive.

Capital Structure

Value
Debt Weight 22.64%
Debt Cost 3.95%
Equity Weight 77.36%
Equity Cost 15.40%
WACC 12.80%
Leverage 29.27%

Historical Valuation

Price/Earnings Ratio

Margin Valuation

Peers Valuation

Competitors

Company Rational
CURV Torrid Holdings Inc. operates in women's plus-size apparel and intimates market in North America. The company designs, develops, and merchandises its products under the Torrid and Torrid Curve brand names. …
VSCO Victoria's Secret & Co. operates as a specialty retailer of women's intimate, personal care, and beauty products worldwide. The company offers bras, panties, lingerie, sleepwear, loungewear, and athletic attire and …
DXLG Destination XL Group, Inc., together with its subsidiaries, operates as a specialty retailer of big and tall men's clothing and shoes in the United States and Canada. Its stores offer …
PLCE The Children's Place, Inc. operates as a children's specialty apparel retailer. The company operates in two segments, The Children's Place U.S. and The Children's Place International. It sells apparel, footwear, …
CTRN Citi Trends, Inc. operates as a value retailer of fashion apparel, accessories, and home goods. It offers apparel, such as fashion sportswear and footwear for men and ladies, as well …

Peers Metrics

DCF BETA

Parameters

Short Term Growth
Short term Time
Long-Term Growth
WACC
Target Price
42.21$
Current Price
42.21$
Potential
-0.00%

Expected Cash-Flows

Scoring Insights

Peers Group Analysis

πŸ₯‡

Genesco Logo
Genesco
A-Score # N/A

Value:# N/A

Growth: # N/A

Quality: # N/A

Yield: # N/A

Momentum: # N/A

Volatility: # N/A

1-Year Total Return ->

πŸ₯ˆ

Citi Trends Logo
Citi Trends
A-Score # N/A

Value:# N/A

Growth: # N/A

Quality: # N/A

Yield: # N/A

Momentum: # N/A

Volatility: # N/A

1-Year Total Return ->

πŸ₯‰

Victoria's Secret Logo
Victoria's Secret
A-Score # N/A

Value:# N/A

Growth: # N/A

Quality: # N/A

Yield: # N/A

Momentum: # N/A

Volatility: # N/A

1-Year Total Return ->

4

The Children's Place Logo
The Children's Place
A-Score # N/A

Value:# N/A

Growth: # N/A

Quality: # N/A

Yield: # N/A

Momentum: # N/A

Volatility: # N/A

1-Year Total Return ->

5

Torrid Logo
Torrid
A-Score # N/A

Value:# N/A

Growth: # N/A

Quality: # N/A

Yield: # N/A

Momentum: # N/A

Volatility: # N/A

1-Year Total Return ->

6

Destination XL Logo
Destination XL
A-Score # N/A

Value:# N/A

Growth: # N/A

Quality: # N/A

Yield: # N/A

Momentum: # N/A

Volatility: # N/A

1-Year Total Return ->