Parag Desai - Genesco President

GCO Stock  USD 25.75  0.44  1.74%   

President

Mr. Parag D. Desai is Senior Vice President Strategy and Shared Services of the Company since 2021.
Age 49
Tenure 3 years
Address 535 Marriott Drive, Nashville, TN, United States, 37214
Phone615 367 7000
Webhttps://genesco.com
Desai joined the Company in 2014 as senior vice president of strategy and shared services. Prior to joining the Company, Mr. Desai spent 14 years with McKinsey and Company, including seven years as a partner. Previously, Mr. Desai also held business development and technology positions at Outpace Systems and Booz Allen & Hamilton.

Genesco Management Efficiency

As of the 2nd of May 2024, Return On Tangible Assets is likely to grow to 0.08. Also, Return On Capital Employed is likely to grow to 0.14. At this time, Genesco's Fixed Asset Turnover is very stable compared to the past year. As of the 2nd of May 2024, Return On Assets is likely to grow to 0.06, while Total Assets are likely to drop about 839.9 M. 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.
The company has 526.24 M in debt with debt to equity (D/E) ratio of 1.07, which is OK given its current industry classification. Genesco has a current ratio of 1.54, which is typical for the industry and considered as normal. 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 operates under Apparel Retail classification in the United States and is traded on New York Stock Exchange. It employs 5400 people. Genesco (GCO) is traded on New York Stock Exchange in USA. It is located in 535 Marriott Drive, Nashville, TN, United States, 37214 and employs 4,200 people. Genesco is listed under Specialty Retail category by Fama And French industry classification.

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.
Angel Martinez, Independent Director
Marjorie Bowen, Independent Director
John Lambros, Independent Director
Kathleen Mason, Independent Director
Joanna Barsh, Independent Director
Joshua Schechter, Independent Director
Brently Baxter, Chief Accounting Officer, Vice President
James Estepa, Sr. VP, CEO of The Journeys Group and President of The Journeys Group
Robert Dennis, Chairman of the Board, President, Chief Executive Officer
Roger Sisson, Senior Vice President General Counsel, Secretary
Thurgood Marshall, Independent Director
James Beard, Independent Director
Mimi Vaughn, Chairman of the Board, President, Chief Executive Officer, Acting Chief Financial Officer
Andrew Gray, President Group
Mario Gallione, Senior Vice President
Thomas George, Interim Chief Financial Officer, Senior Vice President - Finance
Paul Williams, Vice President, Chief Accounting Officer
Parag Desai, Senior Vice President - Chief Strategy and Digital Officer
Darryl MacQuarrie, Senior Relations
Claire McCall, Director - Corporate Relations
Danny Ewoldsen, Senior Vice President
Matthew Diamond, Lead Independent Director
David Slater, VP IR
Scott Becker, Senior Vice President General Counsel, Corporate Secretary
Daniel Ewoldsen, Senior Vice President
Melvin Tucker, Chief Financial Officer, Senior Vice President - Finance
Gregory Sandfort, Independent Director
Susan Peterson, Controller Station
Chris Santaella, Executive Officer
Jonathan Caplan, Sr. VP, CEO of Branded Group and President of Johnston and Murphy
Marty Dickens, Independent Director
Matthew Johnson, Vice President, Treasurer
Leonard Berry, Independent Director
David Tehle, Independent Director
David Baxter, Senior Vice President
James Bradford, Independent Director
Kevin McDermott, Independent Director
Kenneth Kocher, Sr. VP and President of Lids Sports Group
Mary Meixelsperger, Independent Director
William Blaufuss, Independent Director
Colin Temple, Managing schuh

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.

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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 tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Genesco Stock, please use our How to Invest in Genesco guide.
Note that the Genesco information on this page should be used as a complementary analysis to other Genesco's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

Complementary Tools for Genesco Stock analysis

When running Genesco's price analysis, check to measure Genesco's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Genesco is operating at the current time. Most of Genesco's value examination focuses on studying past and present price action to predict the probability of Genesco's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Genesco's price. Additionally, you may evaluate how the addition of Genesco to your portfolios can decrease your overall portfolio volatility.
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Is Genesco's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Genesco. If investors know Genesco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Genesco listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.23)
Earnings Share
(2.10)
Revenue Per Share
206.762
Quarterly Revenue Growth
0.019
Return On Assets
0.0073
The market value of Genesco is measured differently than its book value, which is the value of Genesco that is recorded on the company's balance sheet. Investors also form their own opinion of Genesco's value that differs from its market value or its book value, called intrinsic value, which is Genesco's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Genesco's market value can be influenced by many factors that don't directly affect Genesco's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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.