Genesco Inc. is a leading retailer and wholesaler that specializes in footwear and accessories. The company operates a diverse portfolio of well-known brands, including Journeys, Johnston & Murphy, and Lids, catering to a wide range of customer preferences and needs. Genesco focuses on delivering high-quality products and an engaging shopping experience, with a strong presence in both physical stores and e-commerce platforms. The company is dedicated to fostering brand loyalty and innovation within the footwear industry while promoting a culture of service and community engagement. Read More
Wall Street has issued downbeat forecasts for the stocks in this article.
These predictions are rare - financial institutions typically hesitate to say bad things about a company because it can jeopardize their other revenue-generating business lines like M&A advisory.
Genesco (NYSE: GCO) reported mixed Q1 results, with EPS of -$2.05 (missed street view of -$2.00) and sales of $473.973 million (up 4% YoY). Reaffirms FY26 EPS guidance of $1.30-$1.70.
Footwear, apparel, and accessories retailer Genesco (NYSE:GCO) reported Q1 CY2025 results beating Wall Street’s revenue expectations, with sales up 3.6% year on year to $474 million. Its non-GAAP loss of $2.05 per share was 3.8% above analysts’ consensus estimates.
Stocks trading between $10 and $50 can be particularly interesting as they frequently represent businesses that have survived their early challenges.
However, investors should remain vigilant as some may still have unproven business models, leaving them vulnerable to the ebbs and flows of the broader market.
A number of stocks jumped in the afternoon session after the major indices rebounded (Nasdaq +2.0%, S&P 500 +2.0%) as President Trump postponed the planned 50% tariff on European Union imports, shifting the start date to July 9, 2025. Companies with substantial business ties to Europe likely had some relief as the delay reduced near-term cost pressures and preserved cross-border demand.
Genesco Inc. (NYSE: GCO) today announced that the Company will report financial results for the first quarter fiscal 2026 on June 4, 2025, before the market opens, and hold its quarterly earnings conference call at 7:30 a.m. (Central time) the same day.
The performance of consumer discretionary businesses is closely linked to economic cycles. Unfortunately, the industry’s recent performance suggests demand may be fading as
discretionary stocks have pulled back by 11.4% over the past six months. This performance was worse than the S&P 500’s 6.2% loss.
Market swings can be tough to stomach, and volatile stocks often experience exaggerated moves in both directions.
While many thrive during risk-on environments, many also struggle to maintain investor confidence when the ride gets bumpy.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how footwear stocks fared in Q4, starting with Genesco (NYSE:GCO).
Earnings results often indicate what direction a company will take in the months ahead. With Q4 behind us, let’s have a look at Crocs (NASDAQ:CROX) and its peers.
Looking back on footwear stocks’ Q4 earnings, we examine this quarter’s best and worst performers, including Steven Madden (NASDAQ:SHOO) and its peers.
Earnings results often indicate what direction a company will take in the months ahead. With Q4 behind us, let’s have a look at Nike (NYSE:NKE) and its peers.
Footwear, apparel, and accessories retailer Genesco (NYSE:GCO) fell short of the market’s revenue expectations in Q4 CY2024, with sales flat year on year at $745.9 million. Its non-GAAP profit of $3.26 per share was 1.4% below analysts’ consensus estimates.
As we await the opening of the US market on Friday, let's delve into the pre-market session and discover the top gainers and losers shaping the early market sentiment.
All three major indices were red in Friday’s midday trading, with the S&P 500 and Nasdaq 100 down 1% and 1.24%, respectively, and on track for their worst weeks since September 2024.
