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Genesco (NYSE: GCO) shares rose 3% after Q2 earnings topped estimates with narrower losses and Journeys growth. Read the full update.
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Five Below reported strong fiscal Q2 results with 22.9% sales growth and 14.1% comparable sales increase. The retailer is shifting marketing spend toward social media, connected TV, and YouTube to engage Gen Alpha and Gen Z consumers. The company plans to enhance personalization, website, and mobile app experiences. Management raised fiscal 2026 guidance with net sales of $5.63-$5.71 billion and adjusted EPS of $9.83-$10.31.
Truist Securities analyst Joseph Civello maintains Genesco (NYSE:GCO) with a Hold and lowers the price target from $40 to $38.
Genesco reported a quarterly loss of $0.83 per share, beating the consensus estimate of $1.34 loss by 38.06%. Revenue of $529.86 million slightly exceeded expectations by 0.59%, though it declined year-over-year. The stock has gained 35.3% year-to-date, outperforming the S&P 500's 12% gain. The company holds a Zacks Rank #3 (Hold) rating, suggesting near-term performance in line with the market.
Genesco (NYSE:GCO) held its second-quarter earnings conference call on Thursday. Below is the complete transcript from the call. This transcript is brought to you by Benzinga APIs. For real-time access to our entire