Genesco (NYSE:GCO) Issues FY 2025 Earnings Guidance

Genesco (NYSE:GCO) updated its FY 2025 earnings guidance on Friday. The company provided EPS guidance of 0.600-1.000 for the period, compared to the consensus EPS 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.

Genesco Stock Performance

GCO traded down $5.19 on Friday, hitting $24.31. 39,990 shares of the stock traded hands, compared to its average volume of 131,467. The business has a fifty day moving average price of $28.14 and a two-hundred day moving average price of $27.32. The company has a current ratio of 1.65, a quick ratio of 0.37 and a debt-to-equity ratio of 0.11. Genesco has a 52 week low of $23.21 and a 52 week high of $37.89. The firm has a market capitalization of $282.63 million, a PE ratio of -12.98 and a beta of 2.42.

Wall Street Analysts Forecast Growth

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

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.