Genesco (NYSE:GCO) Releases FY 2025 Earnings Guidance

Genesco (NYSE:GCO) updated its FY 2025 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 0.600-1.000 for the period, compared to the consensus estimate of 0.800. The company issued revenue guidance of $2.3 billion-$2.3 billion, compared to the consensus revenue estimate of $2.3 billion. Genesco also updated its FY25 guidance to $0.60-1.00 EPS.

Analysts Set New Price Targets

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

Genesco Stock Down 10.8 %

NYSE GCO traded down $3.19 during trading hours on Friday, hitting $26.31. The company had a trading volume of 182,681 shares, compared to its average volume of 132,207. Genesco has a fifty-two week low of $23.21 and a fifty-two week high of $37.89. The company has a market capitalization of $305.88 million, a price-to-earnings ratio of -12.98 and a beta of 2.42. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.65 and a quick ratio of 0.37. The firm’s 50 day moving average is $28.14 and its 200 day moving average is $27.32.

About Genesco

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.