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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Nov. 02, 2024
Oct. 28, 2023
Nov. 02, 2024
Oct. 28, 2023
Income Statement [Abstract]        
Net sales $ 596,328 [1] $ 579,315 [2] $ 1,579,113 [3] $ 1,585,674 [4]
Cost of sales 311,072 300,890 831,937 828,921
Gross margin 285,256 278,425 747,176 756,753
Selling and administrative expenses 274,912 267,474 777,878 778,491
Goodwill impairment 0 0 0 28,453 [5]
Asset impairments and other, net 134 [6] 99 [6] 1,490 [7] 581 [8]
Operating income (loss) 10,210 10,852 (32,192) (50,772)
Other components of net periodic benefit cost 86 148 281 388
Interest expense, net 1,213 2,207 3,448 6,241
Earnings (loss) from continuing operations before income taxes 8,911 8,497 (35,921) (57,401)
Income tax expense (benefit) 27,759 1,908 17,144 (13,483)
Earnings (loss) from continuing operations (18,848) 6,589 (53,065) (43,918)
Loss from discontinued operations, net of tax (84) (50) (206) (98)
Net Earnings (Loss) $ (18,932) $ 6,539 $ (53,271) $ (44,016)
Basic earnings (loss) per common share:        
Continuing operations (in dollars per share) $ (1.76) $ 0.6 $ (4.88) $ (3.87)
Discontinued operations (in dollars per share) 0 0 (0.02) (0.01)
Net earnings (loss) (in dollars per share) (1.76) 0.6 (4.9) (3.88)
Diluted earnings (loss) per common share:        
Continuing operations (in dollars per share) (1.76) 0.6 (4.88) (3.87)
Discontinued operations (in dollars per share) 0 0 (0.02) (0.01)
Net earnings (loss) (in dollars per share) $ (1.76) $ 0.6 $ (4.9) $ (3.88)
Weighted average shares outstanding:        
Basic (in shares) 10,737 10,898 10,870 11,353
Diluted (in shares) 10,737 10,972 10,870 11,353
[1] Net sales in North America and in the U.K., which includes the ROI, accounted for 80% and 20%, respectively, of our net sales in the third quarter of Fiscal 2025
[2] Net sales in North America and in the U.K., which includes the ROI, accounted for 80% and 20%, respectively, of our net sales for the third quarter of Fiscal 2024.
[3] Net sales in North America and in the U.K., which includes the ROI, accounted for 79% and 21%, respectively, of our net sales in the first nine months of Fiscal 2025.
[4] Net sales in North America and in the U.K., which includes the ROI, accounted for 79% and 21%, respectively, of our net sales for the first nine months of Fiscal 2024.
[5] Goodwill impairment of $28.5 million is related to Genesco Brand Group.
[6] Asset impairments and other includes a $0.1 million charge for asset impairments in Journeys Group.
[7] Asset impairments and other includes a $0.5 million charge for asset impairments in Journeys Group and $1.0 million for severance.
[8] Asset impairments and other includes a $0.6 million charge for asset impairments in Journeys Group.