Latest News on GCO

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Opendoor, Live Nation, Funko, Stitch Fix, and Genesco Shares Are Soaring, What You Need To Know

https://finviz.com/news/317749/opendoor-live-nation-funko-stitch-fix-and-genesco-shares-are-soaring-what-you-need-to-know
Shares of Opendoor, Live Nation, Funko, Stitch Fix, and Genesco jumped after the Supreme Court struck down sweeping Trump tariffs, providing potential relief to companies affected by international trade disputes. The ruling is expected to lower operating costs for manufacturers and retailers, potentially leading to stronger earnings and more competitive pricing. Despite this positive development, the Trump administration announced plans for a new 10% global tariff, which could introduce future market volatility.

Pzena Investment Management LLC Sells 47,572 Shares of Genesco Inc. $GCO

https://www.marketbeat.com/instant-alerts/filing-pzena-investment-management-llc-sells-47572-shares-of-genesco-inc-gco-2026-02-19/
Pzena Investment Management LLC reduced its stake in Genesco Inc. (NYSE:GCO) by 3.3% in the third quarter, selling 47,572 shares and retaining 1,385,618 shares valued at $40.17 million. Despite holding a significant 12.84% ownership, analyst ratings for Genesco are mixed, with an average "Hold" consensus and a price target of $36.00. The company recently missed its quarterly EPS estimates and has a negative P/E ratio, indicating profitability challenges.

Genesco to Report Fourth Quarter Fiscal 2026 Financial Results and Hold Conference Call on March 6, 2026

https://www.businesswire.com/news/home/20260218291632/en/Genesco-to-Report-Fourth-Quarter-Fiscal-2026-Financial-Results-and-Hold-Conference-Call-on-March-6-2026
Genesco Inc. (NYSE: GCO) announced it will release its fourth quarter fiscal 2026 financial results on March 6, 2026, before the market opens. The company will also host a quarterly earnings conference call at 7:30 a.m. Central time on the same day, with a live audio webcast available on its investor relations website. A summary of the results and an audio archive of the call will also be accessible online.

Genesco Inc. (NYSE:GCO) Sees Significant Drop in Short Interest

https://www.marketbeat.com/instant-alerts/genesco-inc-nysegco-sees-significant-drop-in-short-interest-2026-02-17/
Genesco Inc. (NYSE:GCO) experienced a significant 13.1% decline in short interest in January, with total short interest amounting to 681,297 shares as of January 30th. This represents 8.2% of the company's shares being short sold, with a days-to-cover ratio of 2.6 days. While institutional investors own a substantial portion of the company's stock, analyst ratings for Genesco are mixed, with a consensus "Hold" rating and an average target price of $36.00.

ING Groep NV Raises Stock Holdings in Genesco Inc. $GCO

https://www.marketbeat.com/instant-alerts/filing-ing-groep-nv-raises-stock-holdings-in-genesco-inc-gco-2026-02-13/
ING Groep NV significantly increased its stake in Genesco Inc. by 90.9% in the third quarter, now holding 210,000 shares valued at approximately $6.09 million. This increase comes as Genesco reported mixed Q results, missing EPS and revenue estimates, and provided conservative FY2026 guidance. Despite the increased institutional holdings, analysts have a mixed view on Genesco, with an average "Hold" rating and a target price of $36.
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Genesco (GCO): Buy, Sell, or Hold Post Q3 Earnings?

https://www.tradingview.com/news/stockstory:0f9c3a009094b:0-genesco-gco-buy-sell-or-hold-post-q3-earnings/
Despite a 21.8% return over the past six months, analysts recommend avoiding Genesco (GCO) due to declining same-store sales, falling return on invested capital (ROIC), and high debt levels. The company's same-store sales growth averages only 2.1% year-on-year, and its ROIC has decreased, suggesting limited profitable growth. With $613.7 million in debt against $27.03 million in cash and an 8x net-debt-to-EBITDA ratio, Genesco is considered overleveraged and investors are advised to seek more timely opportunities elsewhere.

Genesco (GCO): Buy, Sell, or Hold Post Q3 Earnings?

https://www.theglobeandmail.com/investing/markets/stocks/GCO/pressreleases/110634/genesco-gco-buy-sell-or-hold-post-q3-earnings/
StockStory advises investors to avoid Genesco (GCO) despite its recent market outperformance, citing concerns after its Q3 earnings. The company's stock has climbed to $29.03 per share, but analysts point to falling same-store sales, declining return on invested capital (ROIC), and high debt levels as reasons for their negative outlook. Given its current valuation at 15x forward P/E, StockStory suggests there are better investment opportunities elsewhere.

3 Consumer Stocks We Find Risky

https://finviz.com/news/303328/3-consumer-stocks-we-find-risky
This article identifies three consumer stocks — Genesco (GCO), Cushman & Wakefield (CWK), and RE/MAX (RMAX) — as risky investments due to various financial and operational weaknesses. These weaknesses include poor sales performance, shrinking returns on capital, high debt, slow growth, and eroding profitability. The piece advises caution when investing in consumer discretionary companies and suggests alternative "High Quality" stock picks.

Genesco Inc. (NYSE:GCO) Sees Significant Decrease in Short Interest

https://www.marketbeat.com/instant-alerts/genesco-inc-nysegco-sees-significant-decrease-in-short-interest-2026-02-02/
Genesco Inc. (NYSE:GCO) experienced a significant 17.0% decrease in short interest in January, with 784,400 shares sold short as of January 15th, representing 9.5% of its stock and a 2.9 days-to-cover ratio. Despite this, analysts maintain a consensus "Hold" rating with an average target price of $36.00 after the company recently missed quarterly EPS estimates and provided FY2026 guidance of $0.95 EPS. The company's stock has also seen varied institutional trading activity, with several hedge funds modifying their positions.

Genesco CFO to exit

https://www.retaildive.com/news/genesco-cfo-sandra-harris-exits/811105/
Genesco's Chief Financial Officer Sandra Harris will depart the company on March 6 after nearly a year and a half in the role to pursue other opportunities. CEO Mimi Vaughn, who previously served as CFO, will take over on an interim basis while the company searches for a replacement. This news follows other leadership changes at Genesco, including the creation of the Journeys Global Retail Group and the appointments of Andy Gray as its CEO and Chris Santaella as its chief merchant.
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Genesco Announces Chief Financial Officer Transition

https://finance.yahoo.com/news/genesco-announces-chief-financial-officer-220000556.html
Genesco Inc. announced that Chief Financial Officer Cassandra "Sandra" Harris is stepping down effective March 6, 2026, to pursue other opportunities. She will assist with an orderly transition and support the company through the filing of its fiscal year 2026 Form 10-K. Mimi E. Vaughn, Genesco's CEO and former CFO, will assume the role of Interim Chief Financial Officer as the company searches for a permanent replacement.

(GCO) and the Role of Price-Sensitive Allocations

https://news.stocktradersdaily.com/news_release/89/GCO_and_the_Role_of_Price-Sensitive_Allocations_013126081201_1769865121.html
The article analyzes Genesco Inc. (NYSE: GCO) using AI models, identifying conflicting sentiment across different time horizons and suggesting choppy market conditions. It outlines three institutional trading strategies—Position Trading, Momentum Breakout, and Risk Hedging—with specific entry, target, and stop-loss zones. The analysis also highlights Genesco's near-term weak signal strength but strong mid-term outlook, alongside key resistance and support levels.

Footwear giant Genesco on hunt for new CFO

https://chainstoreage.com/footwear-giant-genesco-hunt-new-cfo
Footwear giant Genesco, parent company of Journeys, announced that CFO Cassandra “Sandra” Harris is stepping down effective March 6 to pursue other opportunities. CEO Mimi E. Vaughn, who previously served as CFO, will assume the interim role while the company searches for a permanent replacement. Genesco is seeking a strategic leader to continue driving shareholder value for its brands, which also include Little Burgundy, Schuh, and Johnston & Murphy.

Genesco CFO Sandra Harris Will Exit in March

https://wwd.com/footwear-news/shoe-industry-news/genesco-chief-financial-officer-sandra-harris-exits-1238531931/
Genesco's CFO, Sandra Harris, will step down on March 6 after serving since October 2024, to pursue other opportunities. CEO Mimi Vaughn, who was previously CFO from 2015 to 2019, will assume the interim CFO role while the company searches for a permanent replacement. Harris will assist with the transition and participate in the Q4 and fiscal year 2026 earnings conference call.

Genesco on hunt for new CFO

https://chainstoreage.com/genesco-hunt-new-cfo-0
Genesco, parent company of Journeys, announced that its CFO, Cassandra “Sandra” Harris, will step down on March 6 to pursue other opportunities. CEO Mimi E. Vaughn will serve as interim CFO while the company searches for a permanent replacement. Genesco is seeking a strategic leader to continue driving shareholder value.
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Journeys Parent Genesco’s CFO to Step Down

https://sgbonline.com/genesco-cfo-to-step-down/
Genesco, Inc., parent company of Journeys, announced that CFO Cassandra Harris will step down from her role on March 6, 2026, to pursue other opportunities. CEO Mimi Vaughn will assume the interim CFO position. The company emphasized that Harris's departure is not due to any disagreements or issues with financial reporting.

Genesco CFO Harris to step down in March, CEO to assume interim role By Investing.com

https://za.investing.com/news/company-news/genesco-cfo-harris-to-step-down-in-march-ceo-to-assume-interim-role-93CH-4086638
Genesco Inc. announced that CFO Cassandra Sandra Harris will step down on March 6, 2026, to pursue other opportunities. CEO Mimi E. Vaughn will serve as Interim Chief Financial Officer as the company searches for a permanent replacement. The footwear retailer's stock has declined by 12.35% over the past week, although analysts anticipate a return to profitability this fiscal year.

Genesco CFO Sandra Harris will exit in March

https://www.msn.com/en-us/money/companies/genesco-cfo-sandra-harris-will-exit-in-march/ar-AA1VhEbu?ocid=finance-verthp-feeds
This article announces that Sandra Harris, the Chief Financial Officer of Genesco, will be departing from her role in March. No further details about her replacement or the reasons for her departure are provided in the snippet.

Genesco CFO Resigns; CEO Mimi Vaughn Named Interim

https://www.tipranks.com/news/company-announcements/genesco-cfo-resigns-ceo-mimi-vaughn-named-interim
Genesco (GCO) announced that CFO Cassandra Harris will resign effective March 6, 2026, to pursue other opportunities outside the retail industry. CEO Mimi Vaughn, who previously served as CFO, will assume the interim CFO role while the company searches for a permanent successor. Harris will remain as a consultant briefly to assist with the transition and the upcoming fiscal 2026 earnings call.

Genesco CFO Harris to step down in March, CEO to assume interim role

https://www.investing.com/news/company-news/genesco-cfo-harris-to-step-down-in-march-ceo-to-assume-interim-role-93CH-4474770
Genesco Inc. announced that its Chief Financial Officer, Cassandra Sandra Harris, will step down on March 6, 2026, to pursue other opportunities. CEO Mimi E. Vaughn will assume the interim CFO role while the company searches for a permanent replacement. Despite a recent stock decline, analysts expect Genesco to return to profitability this fiscal year.
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Genesco Inc Announces CFO Resignation and Interim Appointment

https://www.tradingview.com/news/tradingview:5f69fe9b37166:0-genesco-inc-announces-cfo-resignation-and-interim-appointment/
Genesco Inc. announced the resignation of Cassandra E. Harris as Senior Vice President and Chief Financial Officer, effective March 6, 2026. Mimi E. Vaughn, the company's President and CEO, will temporarily assume the CFO role until a replacement is found. Harris is leaving to pursue other opportunities outside the retail sector.

Genesco Announces Chief Financial Officer Transition

https://www.businesswire.com/news/home/20260129639129/en/Genesco-Announces-Chief-Financial-Officer-Transition
Genesco Inc. (NYSE: GCO) announced that Chief Financial Officer Cassandra “Sandra” Harris will be stepping down effective March 6, 2026, to pursue other opportunities. CEO Mimi E. Vaughn will assume the role of Interim CFO while the company conducts a search for a permanent replacement. The departure is not related to any financial disagreements or issues.

Genesco (NYSE: GCO) CFO Harris resigns; CEO Mimi Vaughn to serve as interim

https://www.stocktitan.net/sec-filings/GCO/8-k-genesco-inc-reports-material-event-cd34a718fbb1.html
Genesco (NYSE: GCO) announced that its Senior Vice President and Chief Financial Officer, Cassandra E. Harris, will resign effective March 6, 2026, to pursue opportunities outside the retail industry. Her departure is amicable and not due to any disagreements with the company. President and CEO Mimi E. Vaughn, who previously served as CFO, will act as Interim Chief Financial Officer without additional compensation while the company searches for a permanent replacement.

Genesco (NYSE:GCO Investor Three-year Losses Grow to 31% as the Stock Sheds US$54m This Past Week

https://news.futunn.com/en/post/67969899/genesco-nyse-gco-investor-three-year-losses-grow-to-31
Genesco (NYSE:GCO) shareholders have experienced a 31% loss over the last three years, despite a recent 28% gain in the past month. The company's share price decline is attributed to investor pessimism, potentially linked to flat revenue growth over the same period, even though the company has been profitable in the past and insiders have been making purchases. Analysts expect future profit growth, suggesting a potential future turnaround for the stock.

Genesco (NYSE:GCO shareholders incur further losses as stock declines 13% this week, taking three-year losses to 31%

https://finance.yahoo.com/news/genesco-nyse-gco-shareholders-incur-103110142.html
Genesco (NYSE:GCO) shareholders have experienced a 13% stock decline this week, contributing to a 31% total loss over the last three years, significantly underperforming the market. While the stock saw a 28% increase last month, the company's revenue has remained flat over three years, and it reported a trailing twelve months loss, raising concerns about its underlying business performance despite some insider buying.
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Genesco Decline Means Insider Profits Down To US$121k

https://simplywall.st/stocks/us/retail/nyse-gco/genesco/news/genesco-decline-means-insider-profits-down-to-us121k
Despite a recent 10% stock price decline, Genesco Inc. insiders who purchased shares over the past year are still sitting on a profit of US$121k from their US$251.5k investment. The largest insider purchase was made by Lead Independent Director Gregory Sandfort, who bought US$252k worth of shares at a price well below the current market value. Insiders collectively own 9.1% of Genesco, indicating alignment with shareholder interests, and their past buying activity suggests confidence in the company.

Genesco Decline Means Insider Profits Down To US$121k

https://www.sahmcapital.com/news/content/genesco-decline-means-insider-profits-down-to-us121k-2026-01-24
Despite a recent 10% stock price decline, Genesco (NYSE:GCO) insiders who purchased shares over the past year are still profiting, with their US$251.5k investment now worth US$372.3k. The largest insider purchase was by Lead Independent Director Gregory Sandfort, who bought shares at US$22.92, well below the current price. Insiders own 9.1% of Genesco, indicating some alignment with shareholder interests.

Genesco Decline Means Insider Profits Down To US$121k

https://simplywall.st/stocks/us/retail/nyse-gco/genesco/news/genesco-decline-means-insider-profits-down-to-us121k/amp
Insiders at Genesco Inc. who purchased shares over the past year have seen their investment grow, despite a recent 10% stock price decline. Their original US$251.5k investment is now valued at US$372.3k, reflecting a positive return. While there haven't been recent insider transactions, the existing insider ownership of 9.1% suggests alignment with shareholder interests.

Genesco Inc. (NYSE:GCO) Receives Average Recommendation of "Hold" from Brokerages

https://www.marketbeat.com/instant-alerts/genesco-inc-nysegco-receives-average-recommendation-of-hold-from-brokerages-2026-01-24/
Genesco Inc. (NYSE:GCO) has received a consensus "Hold" recommendation from five brokerages, with an average 12-month price target of $36.00. This follows a recent earnings miss where the company reported EPS of $0.79 against an expected $0.87, and revenue of $616.22 million versus $618.62 million, setting FY2026 EPS guidance at $0.95. Institutional investors maintain significant holdings, with 94.51% of the company's stock owned by such entities.

Genesco (NYSE:GCO) Releases FY 2026 Earnings Guidance

https://www.marketbeat.com/instant-alerts/genesco-nysegco-releases-fy-2026-earnings-guidance-2026-01-23/
Genesco (NYSE:GCO) has released its updated FY 2026 earnings guidance, projecting an EPS of about $1.30, which surpasses the consensus estimate of $0.95. The company did not provide revenue guidance, following a recent quarter where it missed both EPS and revenue expectations. Analysts currently maintain a consensus "Hold" rating for GCO stock, with an average target price of $36.00.
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Genesco amends credit agreement to extend maturity and adjust interest rates

https://m.investing.com/news/sec-filings/genesco-amends-credit-agreement-to-extend-maturity-and-adjust-interest-rates-93CH-4459048?ampMode=1
Genesco Inc. announced it has amended its credit agreement with Bank of America, N.A., extending the maturity date to January 16, 2031. The amendment maintains borrowing base calculations and collateral, while modifying interest rate calculations for both Canadian and domestic borrowings. It also introduces a new level to the pricing grid for revolving credit facility margins, ranging from 1.25% to 1.75% for Term SOFR, Term CORRA, and alternative currency loans.

Genesco Amends Credit Agreement to Extend Maturity, Cut Costs

https://www.tipranks.com/news/company-announcements/genesco-amends-credit-agreement-to-extend-maturity-cut-costs
Genesco (GCO) announced a fourth amendment to its credit agreement, extending the maturity of its revolving credit facility to January 16, 2031, while maintaining current borrowing bases and collateral. This amendment relaxes financial covenants, shifts Canadian rates to Term CORRA, removes credit spread adjustments for domestic borrowings, and revises pricing, aiming to improve funding flexibility and lower financing costs. Spark's AI Analyst gives GCO a "Neutral" rating, citing strong revenue growth and free cash flow balanced by weak profitability.

Genesco amends credit agreement to extend maturity and adjust interest rates By Investing.com

https://m.za.investing.com/news/sec-filings/genesco-amends-credit-agreement-to-extend-maturity-and-adjust-interest-rates-93CH-4072699?ampMode=1
Genesco Inc. announced a Fourth Amendment to its credit agreement, extending the maturity date to January 16, 2031, and introducing changes to interest rate calculations. The amendment modifies Canadian and domestic borrowing rates and adjusts the pricing grid for revolving credit facilities but does not change borrowing base calculations or collateral requirements. This comes after recent positive comparable sales reports and revised earnings guidance, although analyst ratings have been mixed.

Genesco Signs Credit Agreement Amendment With Bank of America

https://www.tradingview.com/news/tradingview:7240d81be529a:0-genesco-signs-credit-agreement-amendment-with-bank-of-america/
Genesco (GCO) has signed a Fourth Amendment to its Fourth Amended and Restated Credit Agreement with Bank of America and other lenders, extending the maturity of its revolving credit facility to January 16, 2031. The amendment also includes changes to rate benchmarks for Canadian borrowings, removes a credit spread adjustment for Term SOFR-based pricing, and revises the pricing grid. Management anticipates these changes will improve liquidity and reduce borrowing costs for the company.

UK Footwear Retailer Schuh Names Laura King Chief Marketing Officer

https://wwd.com/footwear-news/shoe-industry-news/schuh-chief-marketing-officer-laura-king-1238464480/
UK footwear retailer Schuh has appointed Laura King as its new Chief Marketing Officer. In her role, she will lead various departments including marketing, creative, and brand partnerships, aiming to enhance customer experience and drive connection with the youth audience. King brings extensive marketing experience from previous roles at Accessorize, Urban Outfitters, and Wieden & Kennedy.
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Genesco Inc Is Quietly Moving the Sneaker Game – But Is GCO Stock a Secret Cheat Code or Just Hype?

https://www.ad-hoc-news.de/boerse/ueberblick/genesco-inc-is-quietly-moving-the-sneaker-game-but-is-gco-stock-a/68502596
Genesco Inc., operating brands like Journeys, Schuh, and Johnston & Murphy, is gaining traction on social media, particularly TikTok, for its fashion and sneaker offerings. While its brands are popular, the company's stock (GCO) is viewed less as a high-growth "meme rocket" and more as an under-the-radar retail play requiring investor due diligence. The article evaluates GCO's potential as a careful investment, highlighting its diversified brand portfolio and efforts to evolve within a challenging retail landscape.

Responsive Playbooks and the GCO Inflection

https://news.stocktradersdaily.com/news_release/34/Responsive_Playbooks_and_the_GCO_Inflection_012026070402_1768910642.html
This article provides an in-depth analysis of Genesco Inc. (NYSE: GCO) using AI-generated signals and strategies. It highlights strong near and mid-term sentiment, elevated downside risk, and offers specific trading strategies (Position, Momentum Breakout, Risk Hedging) with detailed entry, target, and stop-loss levels. The analysis also includes multi-timeframe signal analysis for various horizons.

Genesco Inc. $GCO Shares Sold by SG Americas Securities LLC

https://www.marketbeat.com/instant-alerts/filing-genesco-inc-gco-shares-sold-by-sg-americas-securities-llc-2026-01-18/
SG Americas Securities LLC significantly reduced its stake in Genesco Inc. (NYSE:GCO) by 68.1% in Q3, selling 84,826 shares and now owning 39,740 shares valued at $1.15 million. Despite missing Q3 earnings and revenue estimates, Genesco remains heavily held by institutional investors (94.51%) and has a "Moderate Buy" average analyst rating with a $36 price target, though its stock trades near $37.74. The company has set its FY2026 EPS guidance at $0.95, closely aligning with analyst forecasts.

Genesco (GCO) price target increased by 16.21% to 35.96

https://www.msn.com/en-us/money/topstocks/genesco-gco-price-target-increased-by-16-21-to-35-96/ar-AA1UdKAI?apiversion=v2&domshim=1&noservercache=1&noservertelemetry=1&batchservertelemetry=1&renderwebcomponents=1&wcseo=1
The article states that Genesco's (GCO) price target has been increased by 16.21% to 35.96. No further details are provided regarding the reasons for this change or any analyst information.

Zacks Research Upgrades Genesco (NYSE:GCO) to "Hold"

https://www.marketbeat.com/instant-alerts/zacks-research-upgrades-genesco-nysegco-to-hold-2026-01-16/
Zacks Research has upgraded Genesco (NYSE:GCO) from a "strong sell" to a "hold" rating, though the overall analyst consensus remains a "Moderate Buy" with a $36 target price. Genesco recently missed its quarterly earnings estimates and reported slightly below-forecast revenue, setting its FY2026 guidance at approximately $0.95 EPS. Institutional investors hold 94.51% of the shares, with several funds modifying their positions recently.
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Genesco Announces Strategic Transformation of Its Information Technology Operations

https://www.businesswire.com/news/home/20260114870793/en/Genesco-Announces-Strategic-Transformation-of-Its-Information-Technology-Operations
Genesco Inc. (NYSE: GCO) announced a strategic transformation of its IT operations to enhance speed, scalability, AI-enabled innovation, and align technology capabilities with business priorities. This move builds on prior digital and omnichannel investments, aiming to improve operational efficiencies and support long-term growth. The company will partner with a global technology provider, and while some IT positions will be impacted, Genesco is committed to supporting affected team members through the transition.

Genesco to transform IT operations with AI-enabled model

https://www.investing.com/news/company-news/genesco-to-transform-it-operations-with-aienabled-model-93CH-4449249
Footwear retailer Genesco Inc. (NYSE:GCO) has announced a strategic transformation of its IT operations to enhance speed, scalability, and innovation. This move involves partnering with a global technology provider and implementing new tools, with analysts expecting the company to return to profitability this year despite a recent earnings miss. The company, which operates brands like Journeys and Schuh, aims to improve customer service and organizational flexibility through this phased transformation.

Genesco Reports Comparable Sales

https://www.businesswire.com/news/home/20260111377634/en/Genesco-Reports-Comparable-Sales
Genesco Inc. announced a 9% increase in comparable sales for the quarter-to-date period ending December 27, 2025, driven by strong holiday performance from its Journeys and Schuh brands. The company now expects increased fiscal 2026 adjusted EPS to be at least $1.30, a significant improvement from its previous outlook. Genesco also confirmed its participation in the 2026 ICR Conference on January 12, 2026.

Genesco to Overhaul Tech and Accelerate AI-enabled Innovations, Expects Job Cuts

https://wwd.com/footwear-news/shoe-industry-news/genesco-technology-overhaul-operations-layoffs-job-cuts-1238456210/
Genesco, parent company of Journeys, is set to transform its information technology operating model by partnering with a global technology provider and leveraging AI-enabled innovations to support long-term growth and improve speed and flexibility. This overhaul, expected to be implemented over 12-18 months, will unfortunately result in job cuts within its IT organization, though the exact number is yet to be determined. The news follows a strong holiday sales performance for Genesco, with comparable sales increasing by 9 percent for the fourth quarter-to-date period ended December 27.

Journeys Parent Genesco Expects Some IT Cuts as New Operating Model is Implemented

https://sgbonline.com/journeys-parent-genesco-expects-some-it-cuts-as-new-operating-model-is-implemented/
Genesco, the parent company of Journeys and other footwear brands, is transforming its IT operations with a new business model to enhance speed, scalability, and AI-enabled innovation. This strategic shift aims to improve operational efficiencies and support long-term growth. The new model, implemented in phases with a global technology partner, will lead to some IT position adjustments, though Genesco is committed to supporting affected employees.
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Genesco to Overhaul Tech and Accelerate AI-enabled Innovations, Expects Job Cuts

https://finance.yahoo.com/news/genesco-overhaul-tech-accelerate-ai-172143009.html
Genesco, parent company of Journeys, plans a major overhaul of its IT operating model to accelerate AI-enabled innovations and support long-term growth. This transformation, expected to take 12 to 18 months, will involve partnering with a global technology provider and may lead to job cuts within its IT organization. The announcement follows positive comparable sales growth for the holiday quarter, driven notably by its Journeys Group.

Genesco Announces Strategic Transformation of Its Information Technology Operations

https://markets.financialcontent.com/wral/article/bizwire-2026-1-15-genesco-announces-strategic-transformation-of-its-information-technology-operations
Genesco Inc. announced a strategic transformation of its IT operations to enhance speed, scalability, and AI-enabled innovation, better aligning technology with business priorities and supporting long-term growth. The company is partnering with a global technology provider and adopting a new operating model, which will be implemented in phases and may impact some IT positions. Genesco aims to improve operational efficiencies and leverage advanced technologies to better serve customers and increase organizational flexibility.

Genesco lifts full year adjusted earnings outlook on strong holiday sales

https://www.worldfootwear.com/news/genesco-lifts-full-year-adjusted-earnings-outlook-on-strong-holiday-sales/11175.html
Genesco has increased its full-year adjusted earnings forecast due to strong holiday sales, with comparable sales rising 9% in the eight weeks leading to December 27th, 2025. This growth was driven by Journeys, Schuh, and Johnston & Murphy Group, leading the company to now expect adjusted earnings per share of at least $1.30, a significant improvement over previous guidance.

Genesco (GCO) Price Target Increased by 16.21% to 35.96

https://www.nasdaq.com/articles/genesco-gco-price-target-increased-1621-3596
Genesco (GCO) has seen its average one-year price target increased by 16.21% to $35.96 per share from the previous estimate of $30.94. This new target represents a 4.04% increase from the latest closing price of $34.56. Institutional ownership data indicates a slight decrease in the number of funds holding positions, though the average portfolio weight dedicated to GCO has risen.

Genesco (NYSE:GCO) Rating Increased to Strong-Buy at Williams Trading

https://www.marketbeat.com/instant-alerts/genesco-nysegco-rating-increased-to-strong-buy-at-williams-trading-2026-01-14/
Williams Trading upgraded Genesco (NYSE:GCO) to a "strong-buy" rating, causing shares to open 6.4% higher at $34.52. Despite this, Genesco's overall analyst consensus remains a "Hold" with a $32.33 target, reflecting mixed analyst coverage. The company recently reported Q4 EPS of $0.79, missing estimates, and set its FY2026 guidance near $0.95.
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