GCO / Genesco Says Online Shoe Sales Remain Strong After Pandemic

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Genesco (GCO) could be a great cho more_horizontal

Genesco (GCO) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonabl more_horizontal

The company's revenue decreased by 2.3% YoY, while adj. operating loss (% of revenue) reached 1.9%. The decrease in growth rates and profitability in more_horizontal

Revenue declined, and Genesco posted a loss but still beat expectations. The company raised its revenue guidance for the full year. more_horizontal

Genesco (GCO) came out with a quarterly loss of $0.85 per share versus the Zacks Consensus Estimate of a loss of $1.23. This compares to earnings of $ more_horizontal

Genesco (GCO) reinforces its commitment to enhancing shareholder value with a $50 million increase in share repurchase authorization. more_horizontal

GCO is a beaten-down shoe retailer, which has been facing decreased consumer demand and inventory buildup severely reducing recent cash generation. De more_horizontal

Genesco (GCO) came out with a quarterly loss of $1.59 per share versus the Zacks Consensus Estimate of a loss of $1.10. This compares to earnings of $ more_horizontal