What is the ROE (Return on Equity) of Genesco this year?
The ROE of Genesco this year is -0.03 undefined.
Genesco ROE 2024
Genesco ROE
-0.03
Ticker
GCO
ISIN
US3715321028
WKN
851167
In 2024, Genesco's return on equity (ROE) was -0.03, a -115.45% increase from the 0.19 ROE in the previous year.
Genesco Aktienanalyse
What does Genesco do?
Genesco Inc. was founded in 1924 in Nashville, Tennessee and is a leading retailer of shoes, clothing, and accessories. The company is known for its specialized retail stores, as well as its brands and businesses that focus on specific products or markets. Genesco's business model is based on a multi-brand approach, which allows the company to target a wide range of customers with different tastes, ages, and incomes. The company operates three main business segments: Shoes and Clothing, Shoes and Accessories, and Licensed Stores. Some of the well-known brands under the Genesco umbrella include Journeys, Shoe Station, Johnston & Murphy, Lids, Hat World, and Little Burgundy. Journeys is Genesco's largest shoe chain, with over 1,120 stores in the US, Canada, and Puerto Rico. The chain is known for its wide range of shoes for young adults and teenagers, including sneakers, boots, sandals, and slippers. The Johnston & Murphy brand, founded in 1850, is known for its high-quality leather shoes and clothing for men. The brand currently has over 170 stores in the US and Canada. Lids and Hat World are specialty stores for headwear and fan merchandise. They offer a wide selection of baseball caps, hats, and fan clothing for professional and college sports teams. Another important business segment for Genesco is the licensing business. Genesco holds the licensing rights for several well-known brands, including Dockers, Levi's, Sperry Top-Sider, and UGG Australia. These brands are sold through Genesco retail stores as well as through other retailers. Another important aspect of Genesco's business model is its online presence. The company operates a variety of e-commerce websites, including Journeys.com, littleburgundyshoes.com, and Lids.com. These websites offer a wide range of products and are an important distribution channel for the company. Overall, Genesco is a diversified company with a successful multi-brand business model. The company offers a wide range of products for different customers and markets and is present both in brick-and-mortar retail and online. Genesco ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROE Details
Decoding Genesco's Return on Equity (ROE)
Genesco's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.
Year-to-Year Comparison
Analyzing Genesco's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.
Impact on Investments
Genesco's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.
Interpreting ROE Fluctuations
Changes in Genesco’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.
Frequently Asked Questions about Genesco stock
How has the Return on Equity (ROE) of Genesco developed compared to the previous year?
The ROE of Genesco has increased by -115.45% decreased compared to the previous year.
What impact does a high ROE (Return on Equity) have on investors of Genesco?
A high ROE indicates that Genesco generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.
What impact does a low ROE (Return on Equity) have on investors of Genesco?
A low ROE can indicate that Genesco is having difficulties monetizing its investments successfully and can be a negative signal for investors.
How does a change in the ROE (Return on Equity) of Genesco affect the company?
A change in ROE (Return on Equity) of Genesco can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.
How to calculate the ROE (Return on Equity) of Genesco?
The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.
Which factors influence the ROE (Return on Equity) of Genesco?
Some factors that can influence Genesco's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.
What strategic measures can take to improve the ROE (Return on Equity)?
To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.
How much dividend does Genesco pay?
Over the past 12 months, Genesco paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Genesco is expected to pay a dividend of 0 USD.
What is the dividend yield of Genesco?
The current dividend yield of Genesco is .
When does Genesco pay dividends?
Genesco pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of Genesco?
Genesco paid dividends every year for the past 0 years.
What is the dividend of Genesco?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is Genesco located?
Genesco is assigned to the 'Cyclical consumption' sector.
Wann musste ich die Aktien von Genesco kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Genesco from 9/13/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 9/13/2024.
When did Genesco pay the last dividend?
The last dividend was paid out on 9/13/2024.
What was the dividend of Genesco in the year 2023?
In the year 2023, Genesco distributed 0 USD as dividends.
In which currency does Genesco pay out the dividend?
The dividends of Genesco are distributed in USD.
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Andere Kennzahlen von Genesco
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