Genesco (NYSE:GCO) Updates FY 2026 Earnings Guidance

Genesco (NYSE:GCO) issued an update on its FY 2026 earnings guidance on Friday morning. The company provided earnings per share guidance of 1.300-1.700 for the period, compared to the consensus earnings per share estimate of 2.350. The company issued revenue guidance of $2.3 billion-$2.3 billion, compared to the consensus revenue estimate of $2.4 billion.

Genesco Price Performance

NYSE GCO opened at $27.10 on Friday. The company has a market cap of $303.81 million, a PE ratio of -11.15 and a beta of 2.41. Genesco has a 52 week low of $23.21 and a 52 week high of $44.80. The company has a quick ratio of 0.32, a current ratio of 1.56 and a debt-to-equity ratio of 0.19. The firm’s 50-day simple moving average is $39.79 and its two-hundred day simple moving average is $34.26.

Genesco (NYSE:GCO) last released its quarterly earnings data on Friday, March 7th. The company reported $3.26 EPS for the quarter, missing the consensus estimate of $3.31 by ($0.05). The business had revenue of $745.95 million for the quarter, compared to analysts’ expectations of $780.43 million. Genesco had a negative net margin of 1.13% and a positive return on equity of 0.56%. During the same period last year, the company earned $2.59 earnings per share. Research analysts predict that Genesco will post 0.94 earnings per share for the current year.

Analyst Upgrades and Downgrades

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

Insider Activity

In other news, VP Daniel E. Ewoldsen sold 4,000 shares of the company’s stock in a transaction dated Tuesday, December 17th. The stock was sold at an average price of $42.68, for a total transaction of $170,720.00. Following the sale, the vice president now directly owns 41,358 shares in the company, valued at $1,765,159.44. This represents a 8.82 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Company insiders own 7.09% of the company’s stock.

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.