Genesco (GCO) News Today

Genesco Inc. (NYSE:GCO) shares moved lower today despite beating Q2 expectations and raising its full-year outlook. The company reported better-than-expected revenue and a narrower loss per share, prompting several analyst upgrades. However, concerns over persistent unprofitability, a high valuation multiple and a sharp post-earnings sell-off weighed on the stock.

• Positive Sentiment: Genesco reported Q2 sales of $545.97 million and an EPS loss of $1.14, beating analysts’ estimates of $531.89 million and a $1.25 loss Genesco (GCO) Reports Q2 Loss, Beats Revenue Estimates
• Positive Sentiment: Lifted fiscal-2026 sales guidance after solid same-store sales gains at Journeys Journeys Parent Genesco Raises FY Sales Guide on Solid Q2 Comps
• Positive Sentiment: Received multiple “Strong Buy” upgrades from Seaport Res Ptn and American Banking News, with higher EPS estimates for FY 2026–2028 Genesco (NYSE:GCO) Rating Increased to Strong-Buy at Seaport Res Ptn
• Neutral Sentiment: Hosted its Q2 2026 earnings call to discuss inventory management and e-commerce growth Genesco Inc. Q2 2026 Earnings Conference Call Transcript
• Neutral Sentiment: Provided FY 2026 EPS guidance of $1.30–$1.70, roughly in line with the consensus estimate but reflecting a wide range
• Negative Sentiment: Critics highlight Genesco’s inability to generate profits despite trading at 20× estimated earnings Genesco Cannot Grow Profitably, And Yet Trades At 20x Earnings
• Negative Sentiment: Shares fell more than 10% after the Q2 sales beat, reflecting investor concerns over margins and long-term profitability Genesco’s (NYSE:GCO) Q2 Sales Beat Estimates But Stock Drops 10.9%