Financial Performance - Genesco reported a quarterly loss of $1.14 per share, better than the Zacks Consensus Estimate of a loss of $1.25, but worse than a loss of $0.83 per share a year ago, indicating an earnings surprise of +8.80% [1] - The company posted revenues of $545.97 million for the quarter ended July 2025, surpassing the Zacks Consensus Estimate by 2.55% and showing an increase from $525.19 million year-over-year [2] Stock Performance - Genesco shares have declined approximately 22.8% since the beginning of the year, contrasting with the S&P 500's gain of 10.2% [3] - The current consensus EPS estimate for the upcoming quarter is $1.06 on revenues of $602.02 million, and for the current fiscal year, it is $1.56 on revenues of $2.36 billion [7] Industry Outlook - The Retail - Apparel and Shoes industry, to which Genesco belongs, is currently ranked in the bottom 34% of over 250 Zacks industries, indicating potential challenges ahead [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Genesco's stock performance [5]

Jane Birkin’s original Hermès handbag sold for £7.4m ($10.1m) at auction. Why does the designer starve the market for Birkins, when it could sell many more, and so make much more money? From the archive https://t.co/srItuIPn3u ...

The original Birkin prototype, which includes a non-removable strap and is stamped with Jane Birkin's initials, is expected to break the current record ($500,000) for a handbag sold at auction. (Photo: Getty Images)https://t.co/UEEmBfREiF https://t.co/TaXdbQLoCL ...