Genesco Inc operates as a retailer and wholesaler of footwear, apparel, and accessories. The company operates through four segments: Journeys Group, Schuh Group, Johnston & Murphy Group, and Licensed Brands. The Journeys Group segment offers footwear and accessories through the Journeys, Journeys Kidz, and Little Burgundy retail chains, as well as through e-commerce and catalogs for young men, women, and children.
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Industry, Sector and Symbol
Industry Shoe stores
Sub-IndustryApparel Retail
SectorRetail/Wholesale
Phone615-367-7000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$2.19 billion
Profitability
Miscellaneous
Employees21,000
Next Earnings Date3/12/2020 (Estimated)
OptionableOptionable
Genesco (NYSE:GCO) Frequently Asked Questions
What is Genesco's stock symbol?
Genesco trades on the New York Stock Exchange (NYSE) under the ticker symbol "GCO."
How will Genesco's stock buyback program work?
Genesco announced that its Board of Directors has initiated a stock repurchase plan on Friday, May 3rd 2019, which allows the company to buyback $100,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase up to 11.7% of its stock through open market purchases. Stock buyback plans are usually a sign that the company's management believes its stock is undervalued.
How were Genesco's earnings last quarter?
Genesco Inc. (NYSE:GCO) posted its earnings results on Friday, December, 6th. The company reported $1.33 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.10 by $0.23. The firm earned $537.30 million during the quarter, compared to analyst estimates of $540.64 million. Genesco had a positive return on equity of 10.98% and a negative net margin of 1.74%. The firm's revenue was down .5% on a year-over-year basis. During the same quarter last year, the business posted $0.95 EPS. View Genesco's Earnings History.
When is Genesco's next earnings date?
What guidance has Genesco issued on next quarter's earnings?
Genesco issued an update on its FY20 earnings guidance on Monday, January, 13th. The company provided EPS guidance of above $4.10-4.40 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.30.
What price target have analysts set for GCO?
4 Wall Street analysts have issued 12-month price objectives for Genesco's stock. Their forecasts range from $52.00 to $58.00. On average, they expect Genesco's share price to reach $55.00 in the next twelve months. This suggests a possible upside of 31.2% from the stock's current price. View Analyst Price Targets for Genesco.
What is the consensus analysts' recommendation for Genesco?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Genesco in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Genesco.
What are Wall Street analysts saying about Genesco stock?
Here are some recent quotes from research analysts about Genesco stock:
- 1. According to Zacks Investment Research, "Genesco Inc., a Nashville-based specialty retailer, sells footwear, headwear and accessories in retail stores in the United States and Canada. The Company sells its products principally under the names Journeys, Journeys Kidz, Shi by Journeys, Johnston & Murphy, Underground Station, Hatworld, Lids, Hat Shack, Hat Zone, Head Quarters and Cap Connection, and on internet websites. The Company also sells footwear at wholesale under its Johnston & Murphy brand and under the licensed Dockers brand. " (12/10/2019)
- 2. Pivotal Research analysts commented, "We’re shocked by how well 1Q turned out, especially for Journeys, given that 1Q was not the best quarter for many retailers. In retrospect, we should’ve been less bearish going into this print as TLYS posted a +LDD% footwear comp earlier this week, and there’s some footwear overlap between the two companies, namely Vans. GCO’s shares were deservedly up 10%+ on the print. But the question at hand is where do they go from here? Given the material 1Q outperformance at Journeys, we suspect that there’s upside to the 2Q guidance, but it is a more difficult comparison, and comparisons remain challenging over the balance of the year, with the back half a bigger question mark in our view on strong boot sales last year, which is a highly weather-dependent category." (6/3/2019)
Has Genesco been receiving favorable news coverage?
Media coverage about GCO stock has trended very negative this week, according to InfoTrie. The research firm identifies negative and positive press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Genesco earned a coverage optimism score of -3.3 on InfoTrie's scale. They also gave news stories about the company a news buzz of 2.0 out of 10, indicating that recent press coverage is very unlikely to have an impact on the stock's share price in the near future. View News Stories for Genesco.
Are investors shorting Genesco?
Genesco saw a increase in short interest in the month of January. As of January 15th, there was short interest totalling 3,180,000 shares, an increase of 10.8% from the December 31st total of 2,870,000 shares. Based on an average daily volume of 305,800 shares, the days-to-cover ratio is presently 10.4 days. Currently, 23.0% of the company's stock are sold short. View Genesco's Current Options Chain.
Who are some of Genesco's key competitors?
Some companies that are related to Genesco include TJX Companies (TJX), Ross Stores (ROST), GAP (GPS), Foot Locker (FL), Urban Outfitters (URBN), American Eagle Outfitters (AEO), Guess? (GES), Buckle (BKE), Designer Brands (DBI), Abercrombie & Fitch (ANF), Childrens Place (PLCE), Zumiez (ZUMZ), Caleres (CAL), Shoe Carnival (SCVL) and Chico's FAS (CHS).
What other stocks do shareholders of Genesco own?
Who are Genesco's key executives?
Genesco's management team includes the folowing people:
- Mr. Robert J. Dennis, Chairman, Pres & CEO (Age 65)
- Ms. Mimi Eckel Vaughn, Sr. VP of Fin. & CFO (Age 52)
- Mr. Paul D. Williams, VP & Chief Accounting Officer (Age 64)
- Mr. Parag D. Desai, Sr. VP of Strategy & Shared Services (Age 44)
- Mr. Danny Ewoldsen, Pres of Johnston & Murphy division
Who are Genesco's major shareholders?
Genesco's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Smith Graham & Co. Investment Advisors LP (1.09%), California Public Employees Retirement System (0.50%), New York State Teachers Retirement System (0.30%), Strs Ohio (0.10%), Campbell & CO Investment Adviser LLC (0.10%) and SG Americas Securities LLC (0.07%). Company insiders that own Genesco stock include Daniel E Ewoldsen, Kathleen Mason, Mario Gallione, Marty G Dickens, Robert J Dennis and Thurgood Marshall Jr. View Institutional Ownership Trends for Genesco.
Which institutional investors are selling Genesco stock?
GCO stock was sold by a variety of institutional investors in the last quarter, including Smith Graham & Co. Investment Advisors LP, Arizona State Retirement System, New York State Teachers Retirement System, Wealthstreet Investment Advisors LLC, Campbell & CO Investment Adviser LLC, Strs Ohio, Huntington National Bank and Louisiana State Employees Retirement System. Company insiders that have sold Genesco company stock in the last year include Daniel E Ewoldsen, Kathleen Mason, Mario Gallione, Marty G Dickens and Thurgood Marshall Jr. View Insider Buying and Selling for Genesco.
Which institutional investors are buying Genesco stock?
GCO stock was purchased by a variety of institutional investors in the last quarter, including California Public Employees Retirement System, SG Americas Securities LLC, Valeo Financial Advisors LLC and Advisors Preferred LLC. View Insider Buying and Selling for Genesco.
How do I buy shares of Genesco?
Shares of GCO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is Genesco's stock price today?
One share of GCO stock can currently be purchased for approximately $41.91.
How big of a company is Genesco?
Genesco has a market capitalization of $616.08 million and generates $2.19 billion in revenue each year. The company earns $-51,930,000.00 in net income (profit) each year or $3.28 on an earnings per share basis. Genesco employs 21,000 workers across the globe.View Additional Information About Genesco.
What is Genesco's official website?
How can I contact Genesco?
Genesco's mailing address is GENESCO PK 1415 MURFREESBORO RD, NASHVILLE TN, 37217. The company can be reached via phone at 615-367-7000 or via email at [email protected]
MarketBeat Community Rating for Genesco (NYSE GCO)
MarketBeat's community ratings are surveys of what our community members think about Genesco and other stocks. Vote "Outperform" if you believe GCO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GCO will underperform the S&P 500 over the long term. You may vote once every thirty days.
