Genesco (GCO) came out with quarterly earnings of $0.61 per share, beating the Zacks Consensus Estimate of $0.30 per share. This compares to earnings of $0.57 per share a year ago.
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.
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Genesco (GCO) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
Genesco (GCO) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Genesco's 2Q25 results were in line with guidance, but the stock fell 12% due to slower-than-expected recovery and ongoing assortment issues. The company's valuation is a binary bet, hinging on economic improvement, making it unattractive for conservative long-term investors but potentially appealing for speculative bets. Genesco's assortment challenges and risky capital allocation, including $10 million in share repurchases, raise concerns about financial stability and operational adaptability.
GCO reports a narrower-than-expected loss per share and sales beat in second-quarter fiscal 2025. E-commerce comps rose 8%.
Genesco, the shoe & apparel retailer, reported Q2 results beat that Wall Street expectations but fell short of market expectations as the stock declined -12%. Comparable retail sales declined -4% as the industry remained challenging, but the performance also expectedly underperformed many industry peers as Genesco's brands seem to have a weak perception. The FY2025 outlook was slightly raised due to a good start to Q3, being interesting as many peers have experienced more weakness from July forward.
Genesco Inc. (NYSE:GCO ) Q2 2025 Earnings Conference Call September 6, 2024 8:30 AM ET Company Participants Darryl MacQuarrie - Senior Director of FP&A Mimi Vaughn - Board Chair, President & CEO Tom George - CFO Conference Call Participants Mitch Kummetz - Seaport Research Mantero Moreno-Cheek - Jefferies Operator Good day everyone and welcome to the Genesco Second Quarter Fiscal 2025 Conference Call. Just a reminder, today's call is being recorded.
Genesco (GCO) came out with a quarterly loss of $0.83 per share versus the Zacks Consensus Estimate of a loss of $1.12. This compares to loss of $0.85 per share a year ago.
Genesco (GCO) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Genesco (GCO) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Genesco (GCO) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.