Genesco (NYSE:GCO) Releases FY25 Earnings Guidance

Genesco (NYSE:GCO) updated its FY25 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of $0.60-1.00 for the period, compared to the consensus estimate of $0.81. The company issued revenue guidance of down 1-2% yr/yr to ~$2.28-2.30 billion, compared to the consensus revenue estimate of $2.27 billion.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded Genesco from a hold rating to a buy rating in a research note on Tuesday, August 13th.

Genesco Stock Down 1.4 %

GCO opened at $29.50 on Friday. Genesco has a 1-year low of $23.21 and a 1-year high of $37.89. The stock’s fifty day simple moving average is $28.14 and its 200 day simple moving average is $27.32. The company has a current ratio of 1.65, a quick ratio of 0.37 and a debt-to-equity ratio of 0.11. The stock has a market cap of $342.97 million, a PE ratio of -15.13 and a beta of 2.42.

Genesco Company Profile

Genesco Inc operates as a retailer and wholesaler of footwear, apparel, and accessories in the United States, Puerto Rico, Canada, the United Kingdom, and the Republic of Ireland. The company operates through four segments: Journeys Group, Schuh Group, Johnston & Murphy Group, and Genesco Brands.