Genesco (GCO) Projected to Post Quarterly Earnings on Friday

Genesco (NYSE:GCO) is expected to announce its Q1 2027 results before the market opens on Friday, May 29th. Analysts expect the company to announce earnings of ($2.55) per share and revenue of $474.9960 million for the quarter. Genesco has set its FY 2027 guidance at 1.900-2.300 EPS. Investors can find conference call details on the company’s upcoming Q1 2027 earning report page for the latest details on the call scheduled for Friday, May 29, 2026 at 8:30 AM ET.

Genesco (NYSE:GCO) last posted its quarterly earnings results on Friday, March 6th. The company reported $3.74 EPS for the quarter, beating the consensus estimate of $3.73 by $0.01. The company had revenue of $799.94 million during the quarter, compared to analysts’ expectations of $476.67 million. Genesco had a return on equity of 2.92% and a net margin of 0.54%. On average, analysts expect Genesco to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Genesco Stock Up 6.4%

GCO opened at $35.52 on Friday. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.64 and a quick ratio of 0.49. The stock has a market capitalization of $385.74 million, a price-to-earnings ratio of 31.43 and a beta of 1.82. The business has a 50-day moving average of $31.21 and a two-hundred day moving average of $29.79. Genesco has a 12 month low of $19.62 and a 12 month high of $38.95.

Analyst Upgrades and Downgrades

Several analysts have commented on GCO shares. Weiss Ratings upgraded Genesco from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday, May 15th. Truist Financial lowered their price target on Genesco from $38.00 to $32.00 and set a “hold” rating for the company in a report on Monday, March 9th. Jefferies Financial Group restated a “hold” rating on shares of Genesco in a report on Friday, March 6th. Finally, Wall Street Zen cut Genesco from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. One investment analyst has rated the stock with a Strong Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $34.00.

Institutional Trading of Genesco

A number of institutional investors have recently modified their holdings of GCO. Royal Bank of Canada grew its holdings in shares of Genesco by 15.4% during the 1st quarter. Royal Bank of Canada now owns 52,848 shares of the company’s stock worth $1,122,000 after purchasing an additional 7,042 shares during the period. Jones Financial Companies Lllp purchased a new stake in shares of Genesco during the 1st quarter worth about $26,000. Empowered Funds LLC grew its holdings in shares of Genesco by 5.3% during the 1st quarter. Empowered Funds LLC now owns 64,783 shares of the company’s stock worth $1,375,000 after purchasing an additional 3,282 shares during the period. Cetera Investment Advisers purchased a new stake in shares of Genesco during the 2nd quarter worth about $208,000. Finally, Russell Investments Group Ltd. grew its holdings in shares of Genesco by 31.4% during the 2nd quarter. Russell Investments Group Ltd. now owns 17,845 shares of the company’s stock worth $351,000 after purchasing an additional 4,268 shares during the period. Hedge funds and other institutional investors own 94.51% of the company’s stock.

About Genesco

Genesco Inc is a Nashville, Tennessee-based retailer, wholesaler and licensee specializing in branded footwear, headwear, apparel and accessories. Through its portfolio of retail chains, wholesale distribution channels and licensing agreements, Genesco brings a range of product offerings to consumers in North America and Europe.

The company’s retail segment includes specialty chains such as Journeys, which targets fashion-focused teens and young adults in the United States and Canada, and Schuh, a footwear retailer with locations in the United Kingdom and Ireland.