I’m not really that interested in doing a full analysis of Genesco. Mostly because I doubt you’re that interested in reading it. But Journeys, owned by Genesco is 813 stores and the Journeys group of stores is over 1,000 in the U.S. and Canada so we can hardly not pay attention to what they’re up to.
For the year ended January 29th, Genesco’s revenues were almost $1.8 billion. Of that, Journeys represented $804 million, or 45%. Their hat retail business, Lids, is the second largest piece of their business. It has 985 stores. It and Journeys represent 80% of Genesco’s total revenue.