| GN8 Stock | | | EUR 33.40 1.80 5.70% |
Director
Mr. Kevin P. McDermott is Independent Director of the Company. Mr. McDermott retired as a partner of the international accounting firm KPMG LLP in 2013, after having been associated with the firm for 33 years in various capacities, including audit engagement partner, Securities and Exchange Commission reviewing partner, professional practice partner, and audit partner in the firms Office of General Counsel. He is a member of the board of directors and audit committee of Daktronics, Inc., a publiclytraded provider of electronic scoreboards and display systems, and has served on the boards of several community, arts and religious organizations. Mr. McDermott joined Genescos board of directors in 2016. The board considers Mr. McDermotts broad exposure to many businesses and his knowledge of accounting, auditing, and public reporting gained in his career with KPMG to be valuable to the board and to the Company. since 2016.
| Age | 65 |
| Tenure | 8 years |
| Phone | 615 367 7000 |
| Web | https://genesco.com |
Genesco Management Efficiency
The company has return on total asset
(ROA) of
0.0463 % which means that it generated a profit of $0.0463 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity
(ROE) of
0.1654 %, meaning that it generated $0.1654 on every $100 dollars invested by stockholders. Genesco's management efficiency ratios could be used to measure how well Genesco manages its routine affairs as well as how well it operates its assets and liabilities.
Genesco has accumulated 15.68
M in total debt with debt to equity ratio
(D/E) of 1.31, which is about average as compared to similar companies. Genesco has a current ratio of 1.63, which is within standard range for the sector. Debt can assist Genesco until it has trouble settling it off, either with new capital or with free cash flow. So, Genesco's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Genesco sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Genesco to invest in growth at high rates of return. When we think about Genesco's use of debt, we should always consider it together with cash and equity.
Genesco Inc. operates as a retailer and wholesaler of footwear, apparel, and accessories. Genesco Inc. was incorporated in 1924 and is headquartered in Nashville, Tennessee. GENESCO INC operates under Apparel Retail classification in Germany and is traded on Frankfurt Stock Exchange. It employs 5700 people. Genesco (GN8) is traded on Frankfurt Exchange in Germany and employs 5,400 people.
Management Performance
Genesco Leadership Team
Elected by the shareholders, the Genesco's board of directors comprises two types of representatives: Genesco inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Genesco. The board's role is to monitor Genesco's management team and ensure that shareholders' interests are well served. Genesco's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Genesco's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Parag Desai, Senior Vice President - Strategy and Shared Services | |
| John Lambros, Independent Director | |
| Danny Ewoldsen, Senior Vice President | |
| Matthew Diamond, Independent Director | |
| Kathleen Mason, Independent Director | |
| David Slater, VP IR | |
| Scott Becker, Senior Vice President General Counsel, Corporate Secretary | |
| Daniel Ewoldsen, Pres VP | |
| Joanna Barsh, Independent Director | |
| Melvin Tucker, Chief Financial Officer, Senior Vice President - Finance | |
| Brently Baxter, Chief Accounting Officer, Vice President | |
| Susan Peterson, Controller Station | |
| Marty Dickens, Independent Director | |
| Matthew Johnson, Vice President, Treasurer | |
| Thurgood Marshall, Independent Director | |
| Mimi Vaughn, Chairman of the Board, President, Chief Executive Officer | |
| Mario Gallione, Senior Vice President | |
| Thomas George, Interim Chief Financial Officer, Senior Vice President - Finance | |
| Kevin McDermott, Independent Director | |
Genesco Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Genesco a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Genesco Stock
When determining whether Genesco offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Genesco's
financial statements, including income statements, balance sheets, and cash flow statements, to assess its
financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Genesco Stock.
Outlined below are crucial reports that will aid in making a well-informed decision on Genesco Stock: Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genesco. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
For more detail on how to invest in Genesco Stock please use our
How to Invest in Genesco guide.
You can also try the
FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Please note, there is a significant difference between Genesco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Genesco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genesco's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.