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Stock impact report

Genesco Q3 Earnings Beat, Journeys Group Drives Results, FY25 View Up [Yahoo! Finance]

Genesco Inc. (GCO) 
Last genesco inc. earnings: 3/12 06:50 am Check Earnings Report
US:NYSE Investor Relations: genesco.gcs-web.com/investor-overview
Company Research Source: Yahoo! Finance
Better-than-expected results prompted management to lift the fiscal 2025 view. This performance was driven by a return to positive comparable sales, surpassing expectations once again. Following a solid start to the third quarter, including the peak of the back-to-school season, sales trends at Journeys remained strong through September and October, resulting in a double-digit comparable sales increase. The results indicate the early stages of Journeys' strategic growth plan, which focuses on enhancing the customer experience, refining the product assortment and visually refreshing the stores. Despite this success, earnings per share were moderated by the calendar shift of a key back-to-school week into the second quarter. This retailer of branded footwear and accessories posted adjusted quarterly earnings of 61 cents per share, which outperformed the Zacks Consensus Estimate of 30 cents. Also, the bottom-line figure increased 7% from 57 cents in the prior-year period. Find the Show less Read more
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