{
  "docId": "019f6b8f-2c24-765a-97b8-82631955283d",
  "docSlug": "jarvis-legion-genesco-presentation-june-2021",
  "documentTitle": "Legion Genesco Presentation June 2021",
  "authorId": "legion-genesco-presentation-june-2021",
  "authorName": null,
  "documentKindSlug": "activist-deck",
  "documentKindLabel": "Activist deck",
  "sourceTypeSlug": "activist_investor",
  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2021-06-01 00:00:00",
  "orientation": null,
  "aspectRatio": null,
  "pageNumber": 38,
  "pageCount": 182,
  "prevPage": 37,
  "nextPage": 39,
  "slideType": "expose_contradiction",
  "function": "expose_contradiction",
  "density": "overcrowded",
  "nDataPoints": 25,
  "notes": "Uses a cherry icon to visually emphasize the 'cherry-picked' nature of management's performance claims.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019f6b8f-2c24-765a-97b8-82631955283d/38",
  "deckHref": "/decks/019f6b8f-2c24-765a-97b8-82631955283d",
  "deckJsonHref": "/decks/019f6b8f-2c24-765a-97b8-82631955283d.json",
  "deckAnchorHref": "/decks/019f6b8f-2c24-765a-97b8-82631955283d#slide-38",
  "components": [
    {
      "bbox": {
        "h": 0.1,
        "w": 0.45,
        "x": 0.05,
        "y": 0.52
      },
      "kind": "callout",
      "text": "The cherry-picked short-term performance reflects how poorly Genesco did during initial phases of the COVID pandemic instead of so-called \"momentum\"",
      "attrs": null,
      "subkind": "primary",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "ad969ae3-8584-41fb-a738-bc1eceaf5066",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.4,
        "w": 0.9,
        "x": 0.05,
        "y": 0.45
      },
      "kind": "chart",
      "text": "TSR performance comparison across 5 time periods",
      "attrs": null,
      "subkind": "bar-grouped",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "0d4d8657-3984-40e3-9329-f7b1df0f2b38",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.5,
        "x": 0.25,
        "y": 0.88
      },
      "kind": "legend",
      "text": "Genesco Inc., Peers, ISS Peers, S&P 1500 Footwear, S&P 500, Russell 2000",
      "attrs": null,
      "subkind": "legend",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "b158e367-e08d-407d-b10c-0e4f43bf2ab6",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.9,
        "x": 0.05,
        "y": 0.2
      },
      "kind": "list",
      "text": "Significant destruction of shareholder value over the last ten years\nTSR for pre-COVID to Present, three, five and ten-year periods lag relevant peers and the market by a significant margin\nManagement's misleading statement",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "7dbfa194-dadf-4aae-abae-efd11071f66e",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.06,
        "w": 0.8,
        "x": 0.05,
        "y": 0.92
      },
      "kind": "other",
      "text": "Source: Capital IQ (as of 04/09/2021), Pre-COVID date of 12/31/2019. Notes: 1. Peers include BOOT, DBI, FL, SCVL, CAL, DKS, HIBB, WWW, CROX, DECK, SHOO, SKX. 2. ISS Peers include ANF, GES, SCVL, BKE, CROX, HIBB, SHOO, ZUMZ, ANF, CAL, DBI, URBN, CHS, EXPR, PLCE, WWW. 3. S&P 1500 Footwear Index includes CROX, DECK, NKE, SKX, SHOO, WWW",
      "attrs": null,
      "subkind": "source-note",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "ade20099-59ba-419a-926f-9e5ebcc27e75",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.06,
        "w": 0.05,
        "x": 0.22,
        "y": 0.46
      },
      "kind": "other",
      "text": "Cherry icon",
      "attrs": null,
      "subkind": "unclassified",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "318155b2-7c9d-4f5c-8e06-d6b948eb552b",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.3,
        "w": 0.1,
        "x": 0.55,
        "y": 0.5
      },
      "kind": "other",
      "text": "GCO label and circle",
      "attrs": null,
      "subkind": "unclassified",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "38918ba8-2960-4fff-98bf-fa8e6ba69918",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.06,
        "w": 0.9,
        "x": 0.05,
        "y": 0.12
      },
      "kind": "title",
      "text": "Genesco shares have underperformed retail peers and market indices over the last 10 years (share price adjusted for dividends)",
      "attrs": null,
      "subkind": "action-title",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "c0c7cc45-f192-4c81-93a7-aea9e408850f",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.75,
        "x": 0.05,
        "y": 0.06
      },
      "kind": "title",
      "text": "Genesco Shares Have Materially Underperformed",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "ca37791a-1b01-4062-ac5f-8a105aae50e6",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [
    {
      "name": "ceo-quote-contradiction",
      "slug": null,
      "matchId": "3252e99a-d24c-4069-8f3e-c46b7c78665c",
      "evidence": "Contrasting management's quote about momentum with the actual poor performance data.",
      "confidence": 0.9
    }
  ],
  "arcBeats": [],
  "loops": [
    {
      "to": 50,
      "from": 38,
      "name": "Iceberg",
      "slug": "10-iceberg",
      "bestFor": "Consulting, complex problem solving, organizational change",
      "matchId": "a826021a-b107-42a0-a96f-01a52cc89cfe",
      "evidence": "The deck uses various metrics to show Genesco's underperformance compared to peers.",
      "position": 0,
      "objective": "Reveal the true extent of Genesco's underperformance",
      "structure": "The Symptom (Visible) -> The System (Hidden) -> The Root Cause",
      "confidence": 0.7,
      "description": "Reveal that the visible problem is merely a symptom of a deeper root cause"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}