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Genesco(GCO) - 2025 Q2 - Earnings Call Transcript
2024-09-06 15:41
Genesco Inc. (NYSE:GCO) Q2 2025 Earnings Conference Call September 6, 2024 8:30 AM ET Company Participants Darryl MacQuarrie - Senior Director of FP&A Mimi Vaughn - Board Chair, President & CEO Tom George - CFO Conference Call Participants Mitch Kummetz - Seaport Research Mantero Moreno-Cheek - Jefferies Operator Good day everyone and welcome to the Genesco Second Quarter Fiscal 2025 Conference Call. Just a reminder, today's call is being recorded. I'll now turn the call over to Darryl MacQuarrie, Senior Di ...
Genesco (GCO) Reports Q2 Loss, Tops Revenue Estimates
ZACKS· 2024-09-06 13:06
Genesco (GCO) came out with a quarterly loss of $0.83 per share versus the Zacks Consensus Estimate of a loss of $1.12. This compares to loss of $0.85 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 25.89%. A quarter ago, it was expected that this seller of footwear, hats, clothing and accessories would post a loss of $2.66 per share when it actually produced a loss of $2.10, delivering a surprise of 21.05%.Over the last four ...
Genesco(GCO) - 2025 Q2 - Earnings Call Presentation
2024-09-06 12:50
FY25 Q2 GENESCO Summary Results September 6, 2024 Affornia U Genesco schuh JOHNSTON & MURPHY. Safe Harbor Statement This presentation contains forward-looking statements, including those regarding future sales, earnings, operating income, gross margins, expenses, capital expenditures, depreciation and amortization, tax rates, store openings and closures, cost reductions, ESG progress and all other statements not addressing solely historical facts or present conditions. Forward- looking statements are usuall ...
Genesco(GCO) - 2025 Q2 - Quarterly Results
2024-09-06 11:07
Exhibit 99.1 GENESCO INC. REPORTS FISCAL 2025 SECOND QUARTER RESULTS --Financial Performance Exceeds Expectations, Driven by Journeys-- --Reaffirms Fiscal 2025 EPS Outlook-- NASHVILLE, Tenn., Sept. 6, 2024 --- Genesco Inc. (NYSE: GCO) today reported second quarter results for the three months ended August 3, 2024. Second Quarter Fiscal 2025 Financial Summary • Total net sales increased to $525 million; comparable sales decreased 2% • Comparable e-commerce sales increased 8%; comparable store sales decreased ...
Genesco (GCO) Upgraded to Strong Buy: What Does It Mean for the Stock?
ZACKS· 2024-08-30 17:01
Genesco (GCO) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.The power ...
Genesco (GCO) Expected to Beat Earnings Estimates: Should You Buy?
ZACKS· 2024-08-30 15:01
Wall Street expects a year-over-year decline in earnings on lower revenues when Genesco (GCO) reports results for the quarter ended July 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on September 6. On the o ...
Genesco (GCO) Is Attractively Priced Despite Fast-paced Momentum
ZACKS· 2024-08-30 13:50
Momentum investors typically don't time the market or "buy low and sell high." In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potential fails to justify their swelled-up valuation. In that phase ...
JOHNSTON & MURPHY REVAMPS TWO MALL LOCATIONS
Prnewswire· 2024-07-09 10:30
The American Premium Lifestyle Brand Redesigns Stores at Short Hills and Twelve Oaks Attracting Today's Modern CustomerNASHVILLE, Tenn., July 9, 2024 /PRNewswire/ -- American premium lifestyle brand Johnston & Murphy recently revamped the design of two retail locations at The Mall at Short Hills in Short Hills, N.J. and Twelve Oaks Mall in Novi, Mich. Both stores feature an evolution of the company's existing design with clean lines and quality finishes creating a bright and inviting atmosphere to display t ...
Genesco(GCO) - 2025 Q1 - Quarterly Report
2024-06-13 13:40
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarter Ended May 4, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 for the transition period from to Commission File No. 1-3083 Genesco Inc. | --- | --- | |----------------------------------------------------------------------------|-------------------------------------- ...
Genesco(GCO) - 2025 Q1 - Earnings Call Transcript
2024-05-31 15:33
Genesco Inc. (NYSE:GCO) Q1 2025 Earnings Conference Call May 31, 2024 8:30 AM ET Company Participants Darryl MacQuarrie - Senior Director of FP&A Mimi Vaughn - Board Chair, President & CEO Tom George - CFO Conference Call Participants Mitch Kummetz - Seaport Research Mantero Moreno-Cheek - Jefferies Operator Good day everyone and welcome to the Genesco First Quarter Fiscal 2025 Conference Call. Just a reminder, today's call is being recorded. I'll now turn the call over to Darryl MacQuarrie, Senior Director ...