Genesco (NYSE:GCO) Issues FY 2025 Earnings Guidance

Genesco (NYSE:GCO) issued an update on its FY 2025 earnings guidance on Friday morning. The company provided EPS guidance of 0.800-1.000 for the period, compared to the consensus EPS estimate of 0.750. The company issued revenue guidance of $2.3 billion-$2.3 billion, compared to the consensus revenue estimate of $2.3 billion.

Genesco Stock Down 2.0 %

GCO stock opened at $37.43 on Friday. The company has a current ratio of 1.53, a quick ratio of 0.40 and a debt-to-equity ratio of 0.15. The firm has a 50-day moving average of $29.53 and a two-hundred day moving average of $28.01. Genesco has a 12 month low of $23.21 and a 12 month high of $39.34. The company has a market cap of $419.96 million, a price-to-earnings ratio of -534.64 and a beta of 2.47.

Genesco (NYSE:GCO) last posted its quarterly earnings results on Friday, September 6th. The company reported ($0.83) EPS for the quarter, beating the consensus estimate of ($1.12) by $0.29. The firm had revenue of $525.19 million during the quarter, compared to analysts’ expectations of $512.19 million. Genesco had a positive return on equity of 0.49% and a negative net margin of 0.03%. As a group, analysts forecast that Genesco will post 0.66 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

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

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.