Genesco stock reports stronger earnings and higher guidance
Genesco (GCO) reported stronger fiscal 2027 second-quarter earnings, with adjusted EPS guidance raised to the high end of $2.00-$2.40, despite a 3% decline in net sales. The company achieved improved gross margins and narrowed operating losses, partly due to tariff refunds and a strategic shift towards full-price selling and store productivity. While Journeys and Johnston and Murphy brands showed growth, Schuh and Genesco Brands experienced sales declines, and analysts maintain a "Moderate Buy" consensus with limited upside.
Genesco (NYSE:GCO) Upgraded to Buy at Wall Street Zen
Wall Street Zen has upgraded Genesco (NYSE:GCO) from a "hold" to a "buy" rating, aligning with a "Moderate Buy" consensus and an average price target of $36.00 among analysts. This upgrade follows Genesco's strong quarterly results, where it surpassed earnings expectations with a reported loss of $0.83 per share against an estimated $1.37 loss, and revenues of $529.86 million. Institutional investors hold a significant 94.51% stake in the company, while insiders own 23.11%, with Director Gregory Sandfort recently increasing his shareholding.
What's Fueling the New Buzz Around Genesco (NYSE:GCO) Stock Now?
Genesco (NYSE:GCO), a specialty footwear retailer, is gaining moderately positive consensus due to a narrower-than-expected quarterly loss, steady revenue, and a profitable full-year outlook. The company's minimal debt and a recent insider stock purchase also signal confidence. Genesco heads into the critical holiday shopping season with improved sentiment and a focus on its diverse brand portfolio.
Genesco Inc. (NYSE:GCO) Stock Rated "Moderate Buy" by Wall Street Brokerages
Five Wall Street brokerages have given Genesco Inc. (NYSE:GCO) an average "Moderate Buy" rating, with an average 12-month price target of $36.00. The company recently surpassed earnings expectations, reporting a loss of $0.83 per share against an estimated $1.37 loss, and revenue slightly above consensus at $529.86 million. Institutional investors hold a significant majority of shares, while a company director recently increased his stake.
Precision Trading with Genesco Inc. (GCO) Risk Zones
This article analyzes Genesco Inc. (GCO) using AI models to provide precision trading strategies. It identifies near-term strong sentiment, a mid-channel oscillation, and an exceptional risk-reward short setup. The analysis offers specific entry, target, and stop-loss zones for position trading, momentum breakout, and risk hedging strategies across multiple timeframes.
Genesco Inc. (GCO) stock price, news, quote and history
This Yahoo Finance page provides a comprehensive overview of Genesco Inc. (GCO) stock, including its current price, historical data, and financial performance. It details the company's operations across various segments like Journeys Group and Schuh Group, and lists key financial metrics and analyst insights. The article also presents performance comparisons against the S&P 500 and recent news.
What’s Driving Growth at Journeys.com? Hint: No Gimmicks
Journeys' Senior Vice President of Direct-to-Consumer, John Tighe, discusses the sustained growth of Journeys.com by focusing on fundamental retail principles and customer experience rather than fleeting digital trends. The company's digital strategy emphasizes omnichannel integration, an expanded product selection through its "Lead With Her" strategy, and a successful loyalty program. These efforts have led to double-digit e-commerce gains, even as brick-and-mortar stores still account for the majority of sales.
Genesco (NYSE: GCO) CFO adds 295 shares in open-market buy
Genesco's CFO, Jonathan M. Collins, purchased 295 shares of the company's common stock on September 21, 2026, at a price of $33.84 per share. This open-market transaction increased his direct holdings to 11,719 shares. The purchase was not made under a Rule 10b5-1 trading plan.
How Genesco Inc. (GCO) Affects Rotational Strategy Timing
This article analyzes Genesco Inc. (GCO) through the lens of a rotational strategy, highlighting weak near-term sentiment but strong long-term potential. It details an exceptional 57.0:1 risk-reward setup, targeting a 16.4% gain against a 0.3% risk. The piece also outlines three AI-generated trading strategies—Position, Momentum Breakout, and Risk Hedging—tailored for different risk profiles and holding periods, based on multi-timeframe signal analysis.
Genesco (NYSE:GCO) Shares Cross Above 200-Day Moving Average - Here's What Happened
Genesco (NYSE:GCO) shares recently crossed above their 200-day moving average, trading as high as $34.15 before settling at $33.3180. The company exceeded quarterly earnings expectations, reporting a loss of $0.83 per share against an anticipated $1.37 loss and revenue of $529.86 million. Analyst sentiment is mixed but generally positive, with a consensus "Moderate Buy" rating and a $36.00 target price.
Genesco Launches Wrangler Footwear Collection
Genesco Inc. has launched its Wrangler footwear collection, an important step in its licensing agreement with Kontoor Brands. The Fall 2026 collection features Western, work, and casual lifestyle footwear for men, women, and children, available on Wrangler.com and select retailers, with prices ranging from $100 to $240. This launch represents a significant growth opportunity for Genesco Brands Group, combining Wrangler's heritage with Genesco's footwear expertise.
Wrangler expands brand with new footwear line from Genesco (GCO:NYSE)
Wrangler is expanding its brand by launching a new footwear line for men, women, and children, developed in partnership with licensing partner Genesco (GCO). The Western-style collection will be available starting September 15, 2026, on Wrangler's website. This move represents a strategic extension for the well-known apparel brand into the footwear market.
Genesco Launches Wrangler Footwear Collection
Genesco Inc. announced the launch of its Wrangler® footwear collection, a key development in its licensing agreement with Kontoor Brands. The Fall 2026 collection features authentic Western-style footwear for men, women, and children across various categories, available on Wrangler.com and at select retailers. This initiative represents a significant growth opportunity for Genesco Brands Group by leveraging Wrangler's iconic heritage and Genesco's footwear expertise.
Genesco (GCO) Proves Smaller Sales Can Still Mean Bigger Profits
Genesco (GCO) reported a strong second quarter, achieving increased profits despite a 3% dip in revenue by focusing on strategic initiatives and expense leverage. The company's Journeys brand saw its eighth consecutive quarter of positive comparable sales, driven by new store formats, while the Johnston & Murphy brand also performed well. However, the UK-based Schuh brand continues to face challenges due to a difficult consumer market, prompting revised full-year sales guidance.
Tariff refunds help Genesco (NYSE: GCO) swing to a Q2 profit
Genesco (NYSE: GCO) reported a return to profitability in Q2 Fiscal 2027, with net earnings of $3.5 million compared to a loss of $18.5 million in the prior year. This improvement was primarily driven by higher gross margins, aided significantly by $21.8 million in tariff refunds and strong full-price selling. Despite a 3.0% decline in net sales, the company's operating margin improved, and liquidity remains solid with $57.1 million in cash.
American retailer closes 25 stores as it pares back footprint to boost profits
Genesco, the parent company of Journeys, Johnston & Murphy, and Schuh, has closed 25 underperforming stores to boost profitability and reduce its physical footprint. This strategic move, which included reducing promotional discounting and license transitions, led to a 3% drop in net sales but an increase in adjusted gross margins. The company is also implementing a company-wide efficiency push with store remodeling, automation, and AI integration, projected to save $40 million to $50 million by fiscal year 2029.
GENESCO INC Q2 FY2027: Revenue $529.9M, EPS $0.32— 10-Q Summary
GENESCO INC (GCO) reported second-quarter FY2027 results with revenue of $529.9 million, a 3% decrease year-over-year, but a net income of $3.5 million compared to a net loss in the prior year. Diluted EPS improved significantly to $0.32 from ($1.79). The company saw mixed brand performance, continued store optimization, and improved gross and operating margins.
How the 40-Year-Old Journeys Pulled Off Another Successful Evolution
Journeys, the 40-year-old footwear retailer, has undergone a significant evolution, focusing on adapting to the changing preferences of Gen Z and Gen Alpha consumers. Led by CEO Andy Gray and Genesco Inc. CEO Mimi Vaughn, the company is investing in new 4.0 store concepts, emphasizing in-person experiences, and strategically expanding its offerings for teen girls. This reinvention has resulted in positive comparable-store sales and a bullish outlook from Wall Street analysts.
Fund 1 Investments LLC Has $20.60 Million Stake in Genesco Inc. $GCO
Fund 1 Investments LLC significantly increased its stake in Genesco Inc. (NYSE:GCO) by 43.4% in the second quarter, bringing its total holding to 609,963 shares valued at $20.6 million. This makes Genesco the firm's ninth-largest holding, representing 5.49% of the company's stock. Genesco recently reported better-than-expected earnings, with an adjusted loss of $0.83 per share against an anticipated $1.37 loss, and raised its fiscal 2027 adjusted EPS outlook, despite some underlying sales weaknesses and a boost from a tariff refund.
Genesco Inc. (NYSE:GCO) Given Consensus Rating of "Hold" by Brokerages
Genesco Inc. (NYSE:GCO) has received a consensus "Hold" rating from brokerages, with an average 12-month price target of $36.00. The company recently reported a quarterly loss of $0.83 per share, beating analyst expectations, and raised its fiscal 2027 adjusted EPS outlook. Despite a 3% decline in year-over-year sales, improved margins and a tariff refund contributed to the positive earnings surprise.
Truist Financial Lowers Genesco (NYSE:GCO) Price Target to $38.00
Truist Financial has lowered its price target for Genesco (NYSE:GCO) to $38.00 from $40.00 while maintaining a "hold" rating, suggesting a 7.71% upside. This adjustment comes despite Genesco reporting better-than-expected earnings, with an adjusted loss of $0.83 per share against a projected $1.37 loss and revenue exceeding estimates. However, the company's sales declined year-over-year, and a significant portion of its improved results were due to a one-time tariff refund, raising questions about the sustainability of its turnaround.
Press Release: Genesco Inc. Reports Fiscal 2027 Second Quarter Results
This press release announces Genesco Inc.'s financial results for the second quarter of fiscal year 2027. It details the company's performance during this period.
Genesco: Fiscal Q2 Earnings Snapshot
Genesco Inc. (GCO) reported a profit of $3.5 million in its fiscal second quarter, translating to 32 cents per share. After adjustments for one-time items, the company experienced a loss of 83 cents per share. The footwear and apparel seller posted revenues of $529.9 million and expects full-year earnings between $2 and $2.40 per share.
Genesco CEO Explains Why Journeys Has Avoided the Same Plight as Foot Locker, JD Sports
Journeys, a division of Genesco, is thriving while competitors like Foot Locker and JD Sports struggle with legacy athletic sneakers. CEO Mimi Vaughn attributes this success to Journeys' diversified merchandise mix and focus on "style-based customers," particularly teen girls, with trends like ballerinas and Mary Janes driving growth. Genesco plans to apply this successful strategy to its struggling Schuh banner in the U.K.
Genesco: Fiscal Q2 Earnings Snapshot
Genesco Inc. (GCO) reported a profit of $3.5 million in its fiscal second quarter, translating to 32 cents per share. After adjustments, losses were 83 cents per share, with total revenue for the period reaching $529.9 million. The company anticipates full-year earnings to be between $2 and $2.40 per share.
93,214 Shares in Genesco Inc. $GCO Bought by Empowered Funds LLC
Empowered Funds LLC recently acquired a new position in Genesco Inc. (NYSE:GCO), purchasing 93,214 shares valued at approximately $3.15 million, making them owners of about 0.84% of the company. Institutional investors and hedge funds now collectively own 94.51% of Genesco. Despite recent analyst downgrades, company insider Gregory A. Sandfort also increased his stake, owning 23.11% of the stock.
Journeys Will Continue to Shine When Genesco Reports Earnings This Week, Analyst Says
Williams Trading analyst Sam Poser is optimistic about Genesco Inc., particularly its Journeys banner, which is expected to drive strong second-quarter earnings. The analyst forecasts a 3.5% increase in same-store sales for Journeys, attributed to an improved merchandise mix and the rollout of its 4.0 store concept. Investors will also be keen to hear updates on the Johnston & Murphy brand's appeal to younger consumers and the progress of the Schuh operation's profitability reset.
BlackRock Inc. Makes New $30.73 Million Investment in Genesco Inc. $GCO
BlackRock Inc. has made a new investment of $30.73 million in Genesco Inc. (NYSE:GCO), acquiring 909,991 shares and establishing an 8.19% stake in the company. Institutional investors collectively own 94.51% of Genesco, whose shares recently opened at $32.49, reflecting a 2.9% drop. Analyst sentiment is cautious, with a consensus "Hold" rating, while a company director recently purchased additional shares.
Connor Clark & Lunn Investment Management Ltd. Acquires Shares of 94,474 Genesco Inc. $GCO
Connor Clark & Lunn Investment Management Ltd. has acquired 94,474 shares of Genesco Inc. (NYSE:GCO), valued at approximately $3.19 million, giving them a 0.85% stake in the company. Institutional investors collectively own 94.51% of Genesco, while analyst sentiment has generally weakened with several firms downgrading the stock to "hold" or "sell." Genesco recently beat earnings expectations, reporting a smaller loss per share and higher revenue than forecast.
Ancora Advisors LLC Purchases New Stake in Genesco Inc. $GCO
Ancora Advisors LLC recently acquired a new stake in Genesco Inc. (NYSE:GCO), purchasing 94,370 shares valued at approximately $3.19 million, which represents about 0.85% of the company. Institutional investors hold a significant 94.51% of Genesco stock, while company insiders own 23.11%, with director Gregory A. Sandfort also increasing his holdings. Despite Genesco exceeding recent quarterly earnings and revenue expectations, analyst sentiment remains cautious, with an average "Hold" rating and a $36.67 price target.
Genesco to Present at 2026 Goldman Sachs Global Consumer and Retail Conference
Genesco Inc. (NYSE: GCO) announced its management team will present at the 2026 Goldman Sachs Global Consumer and Retail Conference on September 14, 2026. The company will also hold one-on-one meetings with investors at Seaport Research Partners' Virtual Small Cap Retail Day on September 11, 2026, and Piper Sandler's Growth Frontiers Conference on September 16, 2026. A live audio webcast of the Goldman Sachs presentation will be available on Genesco's investor relations page.
Genesco re-elects all nine director nominees at 2026 annual meeting
Genesco Inc. shareholders have re-elected all nine director nominees to the company's Board of Directors at the 2026 Annual Meeting. This decision signals confidence in Genesco's "Footwear First" strategy, which focuses on product curation, brand elevation, customer experience, and team building. The re-election follows recommendations from major proxy advisory firms like ISS, Glass Lewis, and Egan-Jones, which supported the current board against dissident challenges.
Genesco strategy chief Parag Desai retiring after decade of digital transformation
Parag D. Desai, Senior Vice President, Chief Strategy and Digital Officer at Genesco Inc., is retiring on October 31 after more than a decade with the company. Desai was instrumental in guiding Genesco's strategic expansion and digital modernization, including leading its "Footwear First" initiative and integrating key retail brands. His responsibilities will be transitioned to other senior leadership team members following his departure.
GCO Q2'26 Earnings: revenue estimate is 528.40M USD
Genesco Inc. (GCO) is scheduled to release its Q2'26 earnings on August 27, with an estimated revenue of $528.40 million and an anticipated EPS of ($1.37). The article provides a detailed table comparing reported and estimated revenue and EPS figures for recent quarters, highlighting the company's past performance against analyst expectations.
Genesco (GCO) Projected to Release Quarterly Earnings on Thursday
Genesco (GCO) is expected to report its Q2 2027 earnings before market open on Thursday, August 27th. Analysts forecast a loss of $1.34 per share on revenue of $528.4 million. The company's full-year EPS guidance is set between $2.00 and $2.40, with recent institutional investor activity and mixed analyst ratings indicating cautious sentiment.
Genesco to report Q2 fiscal 2027 results, hold call Sept 3
Genesco Inc. (NYSE: GCO) will announce its second quarter fiscal 2027 earnings before market open on September 3, 2026. The footwear retailer will also hold a conference call at 7:30 a.m. Central time on the same date, with a live audio webcast available on its investor relations page. A summary of the results will also be posted on the Genesco website.
Genesco to Report Second Quarter Fiscal 2027 Financial Results and Hold Conference Call on September 3, 2026
Genesco Inc. (NYSE: GCO) announced that it will report its second-quarter fiscal 2027 financial results on September 3, 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. A live audio webcast and archive of the call will be available on the company's investor relations website.
Pzena Investment Management LLC Makes New Investment in Genesco Inc. $GCO
Pzena Investment Management LLC has made a new investment in Genesco Inc. (NYSE:GCO), acquiring 1.10 million shares valued at $37.1 million, which represents a 9.89% stake in the company. This investment comes as Genesco reported better-than-expected quarterly results, although its stock opened down 2.0%. The company currently holds an average analyst rating of "Hold" with a consensus price target of $36.67.
Fund 1 Investments (GCO) discloses 5.49% Genesco ownership via 609,963 shares
Fund 1 Investments, LLC has reported a 5.49% beneficial ownership in Genesco Inc., holding 609,963 shares of common stock. These shares are held through private investment vehicles advised by Pleasant Lake Partners LLC, with Fund 1 Investments serving as the managing member. The firm possesses shared voting and dispositive power over all these shares, indicating a significant but not sole control over the investment.
Genesco Inc. (NYSE:GCO) Given Average Rating of "Hold" by Analysts
Genesco Inc. (NYSE:GCO) has received an average "Hold" rating from five analysts, with a consensus 12-month price target of $36.67. The company recently surpassed quarterly earnings and revenue estimates. Insider and institutional ownership is significant, with a director recently increasing his stake.
Genesco’s chief strategy and digital officer Parag Desai to retire
Parag D. Desai, Genesco's senior vice president, chief strategy and digital officer, will retire on October 31. During his tenure, Desai was instrumental in shaping the company's strategic direction, leading key initiatives, and transforming its technology platforms. His responsibilities will be transferred to other senior leaders within Genesco.
Shuffle Board: Genesco and Kohl’s Announce Retirements, and Niber Names Commercial Lead
Genesco and Kohl’s are seeing leadership changes, with Genesco's SVP Parag Desai retiring and Kohl's board chair John Schlifske stepping down, replaced by Wendy Arlin. Additionally, Niber has appointed Jochen Lagemann as its chief commercial officer to advance its ingredient brand strategy. Other companies like Arkestro, Pitney Bowes, Keller Logistics, NFI, ODW Logistics, and Matternet also announced new C-suite appointments and board members.
Shuffle Board: Genesco and Kohl’s Announce Retirements, and Niber Names Commercial Lead
Genesco and Kohl's have announced significant leadership changes, with Parag Desai retiring from Genesco and John Schlifske stepping down from Kohl's board, succeeded by Wendy Arlin. Additionally, Niber has appointed Jochen Lagemann as its chief commercial officer to spearhead its ingredient brand strategy. Other companies like Arkestro, Pitney Bowes, Keller Logistics, NFI, ODW Logistics, and Matternet also announced new appointments to their C-suites and boards to bolster growth and strategic initiatives.
(GCO) Volatility Zones as Tactical Triggers
This article analyzes Genesco Inc. (NYSE: GCO), highlighting a strong overweight bias across all time horizons due to strong sentiment. It identifies a mid-channel oscillation pattern and an exceptional 58.1:1 risk-reward setup, targeting a 16.4% gain against a 0.3% risk. The analysis includes three AI-generated trading strategies—Position Trading, Momentum Breakout, and Risk Hedging—along with multi-timeframe signal analysis providing support and resistance levels.
Genesco Chief Strategy and Digital Officer Parag Desai to Retire
Parag Desai, Genesco's Senior Vice President and Chief Strategy and Digital Officer, is set to retire on October 31 after more than a decade with the company. During his tenure, Desai played a crucial role in shaping Genesco's strategic direction, transforming its technology platforms, and establishing a next-generation technology operating model. His responsibilities will be transitioned to other experienced members of the senior leadership team.
Form 8K Genesco Inc For: 6 August By Investing.com
This article announces that Genesco Inc. filed a Form 8K on August 6th. It provides no further details about the content of the filing but lists current stock market data and links to other popular news articles on Investing.com.
Genesco Inc. (GCO) Stock Price, News, Quote & History
This page provides comprehensive financial information for Genesco Inc. (GCO), including its current stock price, historical data, performance metrics against the S&P 500, and analyst insights. It details the company's operations across various footwear and apparel segments, offering an overview of its business model and key financial highlights.
Genesco Chief Strategy and Digital Officer Parag Desai to Retire
Parag Desai, the Chief Strategy and Digital Officer at Genesco, has announced his retirement. The article is a brief news item from Footwear News, indicating a change in leadership at the company.
Genesco's chief strategy, digital officer to retire
Parag Desai, Senior VP and Chief Strategy and Digital Officer at Genesco Inc., is set to retire on October 31 after more than 12 years with the company. Desai played a crucial role in shaping Genesco's strategic direction and transforming its technology platforms and data insights capabilities. His responsibilities will be transitioned to other senior leadership team members.
Genesco Announces Retirement of Chief Strategy and Digital Officer Parag Desai
Genesco Inc. announced that Parag D. Desai, its Senior Vice President, Chief Strategy and Digital Officer, will retire on October 31, 2026, after over a decade of service. Desai joined the company in 2014 and has been instrumental in shaping its strategic direction, transforming technology platforms, and contributing to the "Footwear First" strategy. His responsibilities will be transitioned to other senior leadership team members.
