Melvin Tucker - Genesco President

GN8 Stock  EUR 39.00  0.60  1.56%   

President

Mr. Melvin G. Tucker is appointed as Chief Financial Officer, Senior Vice President Finance of the Company., effective June 24, 2019. Tucker joins Genesco with more than 25 years of financial leadership with both publiclyheld and privatelyowned retail company experience. Most recently, he served as chief financial officer of New Yorkbased Century 21 Department Stores where he led finance, procurement, IT, treasury and the private label credit business. In addition, he was chief financial officer at Bass Pro Shops, senior vice president of finance with PetSmart, and vice president of financial planning and analysis with Circuit City. He began his career with Home Depot where he held various progressively more responsible corporate accounting and finance positions from 1990 to 2005, including vice president of finance. Tucker received a bachelor of business administration degree in accounting from Auburn University, as well as completed the Stanford Executive Program at Stanford Universitys Graduate School of Business. He is a Certified Public Accountant. since 2019.
Age 54
Tenure 5 years
Phone615 367 7000
Webhttps://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.

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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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
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.