Genesco (NYSE:GCO) Releases FY25 Earnings Guidance

Genesco (NYSE:GCO) updated its FY25 earnings guidance on Friday morning. 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.

Genesco Trading Up 9.5 %

Shares of NYSE GCO traded up $3.54 during mid-day trading on Friday, hitting $40.95. 362,542 shares of the stock were exchanged, compared to its average volume of 136,801. Genesco has a twelve month low of $23.21 and a twelve month high of $43.00. The stock’s fifty day simple moving average is $29.80 and its two-hundred day simple moving average is $28.11. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.40 and a current ratio of 1.53.

Genesco (NYSE:GCO) last posted its quarterly earnings data on Friday, December 6th. The company reported $0.61 EPS for the quarter, topping analysts’ consensus estimates of $0.30 by $0.31. Genesco had a positive return on equity of 0.49% and a negative net margin of 0.03%. The company had revenue of $596.30 million for the quarter, compared to analyst estimates of $577.73 million. During the same quarter in the previous year, the firm earned $0.57 earnings per share. The business’s revenue was up 2.9% on a year-over-year basis. As a group, equities research analysts forecast that Genesco will post 0.75 EPS for the current year.

Wall Street Analyst Weigh In

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

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.