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Genesco targets $45M-$50M in annualized cost reductions by end of FY25
The Fly

Genesco targets $45M-$50M in annualized cost reductions by end of FY25

The company closed 94 Journeys stores in Fiscal 2024 and is targeting up to 50 more closures in Fiscal 2025. The company is now targeting an increased run rate of $45M-$50M in annualized cost reductions by the end of Fiscal 2025.

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