Genesco (NYSE:GCO) Issues FY25 Earnings Guidance

Genesco (NYSE:GCO) issued an update on its FY25 earnings guidance on Friday. The company provided EPS guidance of $0.80-1.00 for the period, compared to the consensus EPS estimate of $0.76. The company issued revenue guidance of (1%)-flat yr/yr to ~$2.3-2.33 billion, compared to the consensus revenue estimate of $2.29 billion. Genesco also updated its FY 2025 guidance to 0.800-1.000 EPS.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of Genesco from a “hold” rating to a “buy” rating in a research report on Friday.

Genesco Price Performance

Shares of NYSE:GCO traded up $3.59 on Friday, hitting $41.00. The company had a trading volume of 116,780 shares, compared to its average volume of 137,721. The company has a market cap of $460.02 million, a PE ratio of -599.91 and a beta of 2.47. The business has a 50 day moving average of $29.53 and a 200 day moving average of $28.01. Genesco has a 52-week low of $23.21 and a 52-week high of $43.00. The company has a current ratio of 1.53, a quick ratio of 0.40 and a debt-to-equity ratio of 0.15.

Genesco (NYSE:GCO) last released its earnings results on Friday, December 6th. The company reported $0.61 EPS for the quarter, topping the consensus estimate of $0.30 by $0.31. The firm had revenue of $596.30 million during the quarter, compared to analysts’ expectations of $577.73 million. Genesco had a negative net margin of 0.03% and a positive return on equity of 0.49%. Genesco’s revenue for the quarter was up 2.9% on a year-over-year basis. During the same period in the previous year, the company earned $0.57 EPS. As a group, equities analysts anticipate that Genesco will post 0.66 earnings per share for the current fiscal year.

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.