Genesco(US:GCO) Yahoo Finance·2025-10-13 13:10Group 1: Kingdom Capital Advisors Performance - Kingdom Capital Advisors reported a portfolio recovery in Q3 2025, achieving a composite return of 20.78% (net of fees), outperforming the Russell 2000 TR (12.39%), S&P 500 TR (8.12%), and NASDAQ 100 TR (9.01%) [1] - Since inception, the portfolio compounded at 21.06% (net of fees), significantly higher than the Russell 2000 TR (4.60%), S&P 500 TR (11.46%), and NASDAQ 100 TR (13.48%) [1] Group 2: Genesco Inc. Overview - Genesco Inc. (NYSE:GCO) is a retailer and wholesaler of footwear, apparel, and accessories, with a one-month return of -22.01% and a 52-week loss of 7.10% [2] - As of October 10, 2025, Genesco Inc. shares closed at $26.15, with a market capitalization of $282.3 million [2] Group 3: Genesco Inc. Investment Insights - Kingdom Capital Advisors expressed gratitude for their brief ownership of Genesco Inc., noting a disappointing May earnings report that led to a stock price drop below $20, trading at less than 5x expected EBITDA [3] - Despite challenges in the tariff environment, Genesco Inc. is growing sales through its revised Journey's concept and received a $59 million tax refund in Q2, enhancing its financial position [3] - The market recognized Genesco Inc.'s value proposition, allowing Kingdom Capital Advisors to sell their position for over a 50% gain after a few months [3] Group 4: Hedge Fund Interest and Revenue - Genesco Inc. is not among the 30 Most Popular Stocks Among Hedge Funds, with 11 hedge fund portfolios holding the stock at the end of Q2 2025, down from 12 in the previous quarter [4] - The company reported total revenue of $546 million in the fiscal second quarter of 2026, reflecting a 4% increase compared to the previous year [4] - While acknowledging Genesco Inc.'s potential, Kingdom Capital Advisors believes certain AI stocks present greater upside potential and lower downside risk [4]