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Genesco Inc. - GCO STOCK NEWS

Welcome to our dedicated news page for Genesco (Ticker: GCO), a resource for investors and traders seeking the latest updates and insights on Genesco.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Genesco's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Genesco's position in the market.

News
JOHNSTON & MURPHY UNVEILS NEW LOOK WITH LATEST BRAND CAMPAIGN
Rhea-AI Summary
Johnston & Murphy introduces 'Not Your Dad's Shoe Company' campaign to redefine brand image and appeal to modern customers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.76%
Tags
none
-
News
Genesco Inc. Reports Fiscal 2024 Fourth Quarter and Full Year Results
Rhea-AI Summary
Genesco Inc. (NYSE: GCO) reported record sales for Schuh and Johnston & Murphy in FY24, with sequential comp improvement at Journeys. E-commerce sales increased 5% in Q4. However, net sales decreased by 2.5% in FY24, with comps down 4%. GAAP EPS from continuing operations was $1.84 in Q4, but ($2.10) for FY24. Non-GAAP EPS was $2.59 in Q4 and $0.561 for FY24.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.5%
Tags
earnings
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News
Genesco to Report Fourth Quarter Fiscal 2024 Results and Hold Conference Call on March 8, 2024
Rhea-AI Summary
Genesco Inc. (NYSE: GCO) will release its Q4 fiscal 2024 results on March 8, 2024, with an earnings conference call scheduled for the same day. Investors can access the live webcast and an audio archive of the call on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.27%
Tags
conferences earnings
News
JOHNSTON & MURPHY NAMES WOLFGANG AOR AFTER COMPETITIVE PITCH
Rhea-AI Summary
Johnston & Murphy, a premium footwear, apparel, and accessories brand, has selected Wolfgang, a Stagwell company (NASDAQ: STGW), as its new creative agency. The decision was based on team chemistry, creative excellence, and category experience. Wolfgang aims to modernize the brand while respecting its heritage. Jason Dasal, SVP of Marketing & Ecommerce at Johnston & Murphy, praised Wolfgang's positive energy and strategic approach. The Wolfgang team has prior experience in footwear, fashion, and retail, working with brands like adidas and Uniqlo.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.94%
Tags
none
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News
Genesco Reports Comparable Sales
Rhea-AI Summary
Genesco Inc. (NYSE: GCO) reported a 4% decrease in comparable sales for the quarter-to-date period ended December 30, 2023. The company's e-commerce sales increased by 3%, while same store sales decreased by 6%. The CEO anticipates fiscal 2024 adjusted EPS to be in the range of $0.65-$0.85, significantly lower than the previous expectation of $1.50-$2.00. Genesco will be presenting at the 2024 ICR Conference on January 8, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.09%
Tags
none
-
News
Genesco Names Chris Santaella as Executive Vice President and Chief Merchandising Officer of Journeys Group
Rhea-AI Summary
Genesco Inc. (NYSE: GCO) appoints Chris Santaella as executive vice president and chief merchandising officer of the Journeys Group, effective February 5, 2024, replacing Pete Hicks. Santaella brings over three decades of experience from Foot Locker and will lead Journeys’ buying, merchandising, planning, and product strategies to elevate and evolve the business for the future.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.48%
Tags
none
News
Genesco Inc. to Present at 2024 ICR Conference on January 8, 2024
Rhea-AI Summary
Genesco Inc. (NYSE: GCO) to Present at 2024 ICR Conference on January 8, 2024
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.93%
Tags
conferences
-
News
Genesco Inc. Reports Fiscal 2024 Third Quarter Results
Rhea-AI Summary
Genesco Inc. (NYSE: GCO) reported Q3FY24 financial results with net sales of $579 million, down 4% YoY. GAAP EPS from continuing operations was $0.60 vs. $1.66 last year. The company's strategic initiatives aim to drive progress in the near term and create long-term value.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-16.08%
Tags
earnings
-
News
Genesco Names Andy Gray President of the Journeys Group
Rhea-AI Summary
Genesco Inc. (GCO) appoints Andy Gray as the new President of the Journeys Group, effective January 3, 2024. Gray brings extensive expertise in athletic and fashion footwear, having served as Global President at Foot Locker, Inc. His appointment aims to drive strategic growth for Journeys, building on its leading position in teen fashion footwear retail and brand mission of celebrating self-expression inspired by youth culture.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.12%
Tags
none
News
Genesco to Report Third Quarter Fiscal 2024 Results and Hold Conference Call on December 1, 2023
Rhea-AI Summary
Genesco Inc. (NYSE: GCO) to report Q3 fiscal 2024 results on December 1, 2023, before market opens. Earnings conference call at 7:30 a.m. (Central Time) on the same day. Live webcast and audio archive available at company's investor relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.24%
Tags
conferences earnings
Stock GCO logo
Genesco Inc.

NYSE:GCO

GCO Rankings

#3411 Ranked by Market Cap
#4507 Ranked by Stock Gains
N/A Ranked by Dividends

GCO Stock Data

299.42M
21.06M
8.21%
96.8%
6.57%
Shoe Stores
Retail Trade
Link
US
Nashville

About GCO

genesco inc., a nashville-based specialty retailer, sells footwear, headwear, sports apparel and accessories in more than 2,455 retail stores throughout the u.s., canada, the united kingdom and the republic of ireland, principally under the names journeys, journeys kidz, shi by journeys, underground by journeys, schuh, lids, locker room by lids, johnston & murphy, and on internet websites www.journeys.com, www.journeyskidz.com, www.shibyjourneys.com, www.undergroundbyjourneys.com, www.schuh.co.uk, www.johnstonmurphy.com, www.lids.com, www.lids.ca, www.lidslockerroom.com, www.lidsteamsports.com, www.lidsclubhouse.com , www.suregripfootwear.com and www.dockersshoes.com. in addition, the company sells wholesale footwear under its johnston & murphy brand, the licensed dockers brand, suregrip, and other brands, and operates the lids team sports team dealer business. for more information on genesco and its operating divisions, please visit www.genesco.com.