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.

Wall Street Analysts Forecast Growth

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

Genesco Stock Down 12.0 %

Shares of GCO opened at $25.97 on Friday. The company has a 50-day simple moving average of $28.14 and a 200-day simple moving average of $27.26. The firm has a market capitalization of $301.93 million, a P/E ratio of -13.32 and a beta of 2.41. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.37 and a current ratio of 1.65. Genesco has a 52 week low of $23.21 and a 52 week high of $37.89.

Genesco (NYSE:GCO) last announced its quarterly earnings data on Friday, September 6th. The company reported ($0.83) EPS for the quarter, beating analysts’ consensus estimates of ($1.12) by $0.29. Genesco had a negative net margin of 0.97% and a positive return on equity of 0.40%. The business had revenue of $525.19 million during the quarter, compared to analyst estimates of $512.19 million. On average, equities research analysts expect that Genesco will post 0.81 earnings per share for the current 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.