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StockStory.org on MSN3 Reasons to Sell GCO and 1 Stock to Buy Instead
Shareholders of Genesco would probably like to forget the past six months even happened. The stock dropped 32% and now trades ...
The $10-50 price range often includes mid-sized businesses with proven track records and plenty of growth runway ahead. They ...
Genesco Inc. (NYSE: GCO) announced that management will present at the Goldman Sachs 32nd Annual Global Retailing Conference on September 4, 2025.
Genesco had written in its May letter that “it would not be proper, well-functioning governance for [Legion] to unilaterally decide which members of Genesco’s board should retire.” ...
Genesco Inc. has found a buyer for its beleaguered Lids Sports Group business after several years of struggling sales at the division. Genesco — which also faced pressure this year from activist ...
Genesco said it expects revenue of $220 million to $227 million in the fourth quarter ending Feb. 2. It indicated a target profit range of 55-60 cents a share for the quarter.
Genesco Inc. will be searching for a new chief financial officer. In the interim, CEO Mimi Vaughn will take over CFO duties. Vaughn previously served as CFO of the company.
Dive Insight: In its latest public release to shareholders, Legion, which says it owns 5.9% of Genesco’s stock, outlined a top-to-bottom shakeup at Genesco.
Genesco spurned the retailer's advances for several months, chiding Foot Locker for its low-ball bids. Back in April, Footlock slapped a $46-a-share bid on the table, which Genesco quickly rebuked.
Takeaway Genesco’s Q2 results beat Wall Street’s expectations, but underperformed against the market’s expectations as the stock took a -12% hit.
Genesco recorded an earnings per share loss of $2.05. This compares to the Zacks consensus estimate from analysts of a loss of $2.09 per share.
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