Here is how Genesco (GCO) and Genuine Parts (GPC) have performed compared to their sector so far this year.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Genesco Inc. (GCO) Q2 2027 Earnings Call Transcript
Genesco NYSE: GCO reported improved second-quarter fiscal 2027 earnings despite lower revenue, as gross-margin expansion and expense discipline offset sales pressure from store closures, reduced promotions at Schuh and licensed-brand transitions.
Genesco (GCO) came out with a quarterly loss of $0.83 per share versus the Zacks Consensus Estimate of a loss of $1.34. This compares to a loss of $1.14 per share a year ago.
Genesco is upgraded to a soft "Buy" as management's strategic changes drive revenue growth and improved profitability amid a resilient footwear market. GCO's valuation is compelling, trading at a discount on EV/EBITDA and operating cash flow metrics compared to peers, with upside if management's guidance materializes. Recent results show revenue up 2.7% year-over-year despite store count reductions; key segments like Journeys and Johnston & Murphy delivered strong comparable sales growth.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Here is how Genesco (GCO) and Signet (SIG) have performed compared to their sector so far this year.
Does Genesco (GCO) have what it takes to be a top stock pick for momentum investors? Let's find out.
Genesco's Operating Situation Does Not Deserve A 17x+ Multiple
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Genesco (GCO) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.