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 guidance of 0.800-1.000 for the period, compared to the consensus earnings per share 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 also updated its FY25 guidance to $0.80-1.00 EPS.

Wall Street Analysts Forecast Growth

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

Genesco Stock Up 9.5 %

GCO stock opened at $40.95 on Friday. The stock has a fifty day moving average of $29.80 and a 200-day moving average of $28.12. Genesco has a fifty-two week low of $23.21 and a fifty-two week high of $43.00. The company has a market capitalization of $459.54 million, a price-to-earnings ratio of -16.85 and a beta of 2.47. 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 issued its earnings results on Friday, December 6th. The company reported $0.61 earnings per share for the quarter, topping analysts’ consensus estimates of $0.30 by $0.31. Genesco had a negative net margin of 0.03% and a positive return on equity of 0.49%. The firm had revenue of $596.30 million during the quarter, compared to analyst estimates of $577.73 million. During the same quarter last year, the business earned $0.57 earnings per share. The company’s quarterly revenue was up 2.9% on a year-over-year basis. As a group, equities research analysts predict that Genesco will post 0.75 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.