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Genesco Blames Port Congestion for ‘Running Four to Six Weeks Behind’

COVID-19 recovery is on the horizon but the pandemic's impact on sustainability, retail, product development and consumer buying patterns means the denim industry must evolve. Join Rivet on April 20th at 11 am ET for the COVID, One Year Later roundtable.

While Genesco got a slight boost to close its third-quarter when it climbed back to profitability, the footwear company appears to have put itself on the right track into 2021 with net income of $89.9 million in the holiday period. Adjusted earnings came in at $2.76 per share, well ahead of Wall Street’s anticipation of…

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