NASHVILLE, Tenn., Jan. 16, 2018 /PRNewswire/ -- Genesco Inc.
(NYSE: GCO) today issued the following statement in response to the
Schedule 13D filed by Legion Partners Asset Management, LLC and
4010 Capital, LLC and affiliated entities:
Genesco welcomes open communication with all its shareholders
and values constructive input and suggestions that may advance its
goal of enhancing shareholder value. We have engaged in various
discussions with representatives of Legion Partners and expect to
continue a constructive dialog.
Cautionary Note Concerning Forward-Looking Statements
This press release contains certain forward-looking statements,
including statements made within the meaning of the safe harbor
provisions of the United States
private securities litigation reform act of 1995. These statements
can be identified by terms and phrases such as "expect,"
"continue," and "may." Such statements are subject to various
uncertainties that could cause actual actions and results to differ
materially. The Company undertakes no obligation to revise the
forward-looking statements included in the press release to reflect
any future events, actions or circumstances.
About Genesco Inc.
Genesco Inc., a Nashville-based
specialty retailer, sells footwear, headwear, sports apparel and
accessories in more than 2,725 retail stores and leased departments
throughout the U.S., Canada, the
United Kingdom, the Republic of Ireland and Germany, principally under the names Journeys,
Journeys Kidz, Shi by Journeys, Schuh, Schuh Kids, Little Burgundy,
Lids, Locker Room by Lids, Lids Clubhouse, Johnston & Murphy,
and on internet websites www.journeys.com, www.journeyskidz.com,
www.journeys.ca, www.shibyjourneys.com, www.schuh.co.uk,
www.littleburgundyshoes.com, www.johnstonmurphy.com, www.lids.com,
www.lids.ca, www.lidslockerroom.com, www.lidsclubhouse.com,
www.trask.com, and www.dockersshoes.com. The Company's Lids
Sports Group division operates the Lids headwear stores, the Locker
Room by Lids and other team sports fan shops and single team
clubhouse stores. In addition, Genesco sells wholesale
footwear under its Johnston & Murphy brand, the Trask brand,
the licensed Dockers brand, G.H. Bass & Co., and other brands.
For more information on Genesco and its operating divisions, please
visit www.genesco.com.
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SOURCE Genesco Inc.