On this page of StockholderLetter.com we present the 5/12/2023 shareholder letter from GENESCO INC — ticker symbol GCO. Reading current and past GCO letters to shareholders can bring important insights into the investment thesis.
2 0 2 3 A N N U A L R E P O R T
THE BUSINESS OF GENESCO Genesco Inc. is a leading retailer and wholesaler of branded footwear, apparel and accessories selling through 1,410 retail stores, including Journeys , Journeys Kidz , Little Burgundy and Johnston & Murphy in the U.S., Puerto Rico and Canada, through Schuh stores in the United Kingdom and the Republic of Ireland, and through e-commerce operations. In addition, we sell certain of our footwear brands at wholesale, primarily under our Johnston & Murphy brand, and the licensed Levi's , Dockers , and G.H. Bass brands, as well as other brands we license for footwear. TOTAL RETURN TO SHAREHOLDERS Includes reinvestment of dividends. The graph below compares the cumulative total shareholder return on our common stock for the last five fiscal years with the cumulative total return of (i) the Russell 2000 Index and (ii) Peer Group. The graph assumes the investment of $100 in our common stock, the Russell 2000 Index and Peer Group at the market close on January 28, 2018 and the reinvestment monthly of all dividends. COMPARISON OF CUMULATIVE 5 YEAR TOTAL RETURN Comparison of Cumulative Five Year Total Return 200 Genesco Inc. Russell 2000 Index 150 Peer Group 100 50 0 2/03/18 2/02/19 2/01/20 1/30/21 1/29/22 1/28/23 ANNUAL RETURN PERCENTAGE Years Ending Company Name / Index Genesco Inc. Russell 2000 Index Peer Group 2/02/19 36.14 -1.63 17.58 2/01/20 -12.87 9.02 -25.69 1/30/21 -1.30 30.17 5.64 1/29/22 62.17 -4.13 6.67 1/28/23 -24.12 -1.50 -9.37
Company / Index Genesco Inc. Russell 2000 Index Peer Group* Base Period 2/03/18 100 100 100 INDEXED RETURNS Years Ending 2/02/19 136.14 98.37 117.58 2/01/20 118.61 107.24 87.37 1/30/21 117.07 139.60 92.29 1/29/22 189.86 133.84 98.45 1/28/23 144.07 131.83 89.23 *Peer Group consists of Caleres, Inc., Designer Brands Inc., Foot Locker, Inc., Shoe Carnival, Inc., Wolverine World Wide Inc. Note: The custom peer group replaces the S&P 1500 Footwear Index, and the Russell 2000 Index replaces the S&P 500 Index to better reflect companies with more similar market capitalization and business. CORPORATE INFORMATION Annual Meeting of Shareholders The 2023 Annual Meeting of Shareholders will be held in virtual format on Thursday, June 22, 2023, at 10:00 a.m. Central Time. The meeting will be held online via a live webcast at www.meetnow.global/M59FTZR where shareholders will be able to vote electronically and submit questions during the meeting. Information on access to the meeting has been provided in our 2023 proxy statement and is listed on the 2023 proxy card. Corporate Headquarters Genesco Inc. 535 Marriott Drive, 12th Floor Nashville, Tennessee 37214 Independent Auditors Ernst & Young LLP 222 Second Avenue South, Suite 2100 Nashville, Tennessee 37201 Transfer Agent and Registrar Communications concerning stock transfer, consolidating accounts, change of address and lost or stolen stock certificates should be directed to the transfer agent. When corresponding with the transfer agent, shareholders should state the exact name(s) in which the stock is registered and certificate number, as well as old and new information about the account. Regular Mail Computershare P.O. Box 43006 Providence, RI 02940-3006 UNITED STATES Overnight Delivery Computershare 150 Royall Street, Suite 101 Canton, MA 02021 UNITED STATES Questions & Inquiries via Computershare s website: www.computershare.com/investor Computershare Phone: (877) 224-0366 Hearing Impaired/TDD: 1-800-952-9245
Investor Relations Security analysts, portfolio managers or other investment community representatives should contact: Investor Relations Genesco Inc. 535 Marriott Drive, 12th Floor Nashville, Tennessee 37214 (615) 367-8283 Other Information A copy of any exhibits to our 2023 Annual Report on Form 10-K will be furnished to shareholders upon written request addressed to Director, Corporate Relations, Genesco Inc., 535 Marriott Drive, P.O. Box 731, Nashville, Tennessee 37202-0731. Certifications by the Chief Executive Officer and the Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 have been filed as exhibits to our 2023 Annual Report on Form 10-K. Common Stock Listing New York Stock Exchange: GCO Shareholder Information Shareholder information may be accessed at www.genesco.com BOARD OF DIRECTORS Mimi E. Vaughn President and Chief Executive Officer, Chair of the Board, Genesco Inc. Nashville, Tennessee Joanna Barsh Independent Consultant; Senior Partner Emeritus, McKinsey & Company New York, New York Chair of the nominating and governance committee, member of the compensation committee, co-chair of the ESG subcommittee Matthew Bilunas Executive Vice President, Chief Financial Officer, Best Buy Co., Inc. Woodbury, Minnesota Member of the audit committee Carolyn Bojanowski Executive Vice President Merchandising, Sephora USA, a division of LVMH Mo t Hennessy Louis Vuitton SE San Rafael, California Member of the nominating and governance committee Matthew C. Diamond Former Chief Executive Officer, Defy Media, LLC Hilton Head, South Carolina
John F. Lambros Managing Director and Co-head U.S. Technology Group, Head Global Digital Media & Entertainment Houlihan Lokey New York, New York Chair of the compensation committee Thurgood Marshall, Jr. Retired Partner, Morgan, Lewis & Bockius LLP Washington, D.C. Member of the nominating and governance committee, co-chair of the ESG subcommittee Angel R. Martinez Retired Chief Executive Officer and Chairman of the Board of Directors, Deckers Brands Ojai, California Member of the nominating and governance committee Kevin P. McDermott Former Partner, KPMG LLP and Former Chief Audit Executive, Pinnacle Financial Partners, Inc. Nashville, Tennessee Mary E. Meixelsperger Chief Financial Officer, Valvoline Inc. Lexington, Kentucky Chair of the audit committee Gregory A. Sandfort Former Chief Executive Officer and Director, Tractor Supply Company Nashville, Tennessee Lead independent director of the Board, member of the audit and compensation committees
 • shareholder letter icon 5/12/2023 Letter Continued (Full PDF)
 • stockholder letter icon 5/17/2024 GCO Stockholder Letter
 • stockholder letter icon 5/16/2025 GCO Stockholder Letter
 • stockholder letter icon More "Apparel Stores" Category Stockholder Letters
 • Benford's Law Stocks icon GCO Benford's Law Stock Score = 89


GCO 5/12/2023 Shareholder/Stockholder Letter Transcript:

2 0 2 3
A N N U A L
R E P O R T

THE BUSINESS OF GENESCO
Genesco Inc. is a leading retailer and wholesaler of branded footwear, apparel and accessories
selling through 1,410 retail stores, including Journeys  , Journeys Kidz  , Little Burgundy   and
Johnston & Murphy   in the U.S., Puerto Rico and Canada, through Schuh   stores in the United
Kingdom and the Republic of Ireland, and through e-commerce operations. In addition, we sell
certain of our footwear brands at wholesale, primarily under our Johnston & Murphy brand, and
the licensed Levi's  , Dockers  , and G.H. Bass   brands, as well as other brands we license for
footwear.
TOTAL RETURN TO SHAREHOLDERS
Includes reinvestment of dividends. The graph below compares the cumulative total shareholder
return on our common stock for the last five fiscal years with the cumulative total return of (i) the
Russell 2000 Index and (ii) Peer Group. The graph assumes the investment of $100 in our common
stock, the Russell 2000 Index and Peer Group at the market close on January 28, 2018 and the
reinvestment monthly of all dividends.
COMPARISON OF CUMULATIVE 5 YEAR TOTAL RETURN
Comparison of Cumulative Five Year Total Return
200
Genesco Inc.
Russell 2000 Index
150
Peer Group
100
50
0
2/03/18
2/02/19
2/01/20
1/30/21
1/29/22
1/28/23
ANNUAL RETURN PERCENTAGE
Years Ending
Company Name / Index
Genesco Inc.
Russell 2000 Index
Peer Group
2/02/19
36.14
-1.63
17.58
2/01/20
-12.87
9.02
-25.69
1/30/21
-1.30
30.17
5.64
1/29/22
62.17
-4.13
6.67
1/28/23
-24.12
-1.50
-9.37

Company / Index
Genesco Inc.
Russell 2000 Index
Peer Group*
Base
Period
2/03/18
100
100
100
INDEXED RETURNS
Years Ending
2/02/19
136.14
98.37
117.58
2/01/20
118.61
107.24
87.37
1/30/21
117.07
139.60
92.29
1/29/22
189.86
133.84
98.45
1/28/23
144.07
131.83
89.23
*Peer Group consists of Caleres, Inc., Designer Brands Inc., Foot Locker, Inc., Shoe Carnival, Inc., Wolverine World Wide Inc.
Note: The custom peer group replaces the S&P 1500 Footwear Index, and the Russell 2000 Index replaces the S&P 500 Index to better reflect companies with more
similar market capitalization and business.
CORPORATE INFORMATION
Annual Meeting of Shareholders
The 2023 Annual Meeting of Shareholders will be held in virtual format on Thursday, June 22, 2023,
at 10:00 a.m. Central Time. The meeting will be held online via a live webcast at
www.meetnow.global/M59FTZR where shareholders will be able to vote electronically and submit
questions during the meeting. Information on access to the meeting has been provided in our 2023
proxy statement and is listed on the 2023 proxy card.
Corporate Headquarters
Genesco Inc.
535 Marriott Drive, 12th Floor
Nashville, Tennessee 37214
Independent Auditors
Ernst & Young LLP
222 Second Avenue South, Suite 2100
Nashville, Tennessee 37201
Transfer Agent and Registrar
Communications concerning stock transfer, consolidating accounts, change of address and lost or
stolen stock certificates should be directed to the transfer agent. When corresponding with the
transfer agent, shareholders should state the exact name(s) in which the stock is registered and
certificate number, as well as old and new information about the account.
Regular Mail
Computershare
P.O. Box 43006
Providence, RI 02940-3006
UNITED STATES
Overnight Delivery
Computershare
150 Royall Street, Suite 101
Canton, MA 02021
UNITED STATES
Questions & Inquiries via Computershare   s website: www.computershare.com/investor
Computershare Phone: (877) 224-0366 Hearing Impaired/TDD: 1-800-952-9245

Investor Relations
Security analysts, portfolio managers or other investment community representatives should contact:
Investor Relations
Genesco Inc.
535 Marriott Drive, 12th Floor
Nashville, Tennessee 37214
(615) 367-8283
Other Information
A copy of any exhibits to our 2023 Annual Report on Form 10-K will be furnished to shareholders
upon written request addressed to Director, Corporate Relations, Genesco Inc., 535 Marriott Drive,
P.O. Box 731, Nashville, Tennessee 37202-0731. Certifications by the Chief Executive Officer and
the Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 have been filed
as exhibits to our 2023 Annual Report on Form 10-K.
Common Stock Listing
New York Stock Exchange: GCO
Shareholder Information
Shareholder information may be accessed at www.genesco.com
BOARD OF DIRECTORS
Mimi E. Vaughn
President and Chief Executive Officer, Chair of the Board, Genesco Inc.
Nashville, Tennessee
Joanna Barsh
Independent Consultant; Senior Partner Emeritus, McKinsey & Company
New York, New York
Chair of the nominating and governance committee, member of the compensation committee,
co-chair of the ESG subcommittee
Matthew Bilunas
Executive Vice President, Chief Financial Officer, Best Buy Co., Inc.
Woodbury, Minnesota
Member of the audit committee
Carolyn Bojanowski
Executive Vice President Merchandising, Sephora USA, a division of LVMH Mo  t Hennessy Louis
Vuitton SE
San Rafael, California
Member of the nominating and governance committee
Matthew C. Diamond
Former Chief Executive Officer, Defy Media, LLC
Hilton Head, South Carolina

John F. Lambros
Managing Director and Co-head U.S. Technology Group, Head Global Digital Media & Entertainment
Houlihan Lokey
New York, New York
Chair of the compensation committee
Thurgood Marshall, Jr.
Retired Partner, Morgan, Lewis & Bockius LLP
Washington, D.C.
Member of the nominating and governance committee, co-chair of the ESG subcommittee
Angel R. Martinez
Retired Chief Executive Officer and Chairman of the Board of Directors, Deckers Brands
Ojai, California
Member of the nominating and governance committee
Kevin P. McDermott
Former Partner, KPMG LLP and Former Chief Audit Executive, Pinnacle Financial Partners, Inc.
Nashville, Tennessee
Mary E. Meixelsperger
Chief Financial Officer, Valvoline Inc.
Lexington, Kentucky
Chair of the audit committee
Gregory A. Sandfort
Former Chief Executive Officer and Director, Tractor Supply Company
Nashville, Tennessee
Lead independent director of the Board, member of the audit and compensation committees



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