Genesco (NYSE:GCO) Updates FY 2027 Earnings Guidance

Genesco (NYSE:GCO) updated its FY 2027 earnings guidance on Friday. The company provided earnings per share guidance of 1.900-2.300 for the period, compared to the consensus earnings per share estimate of 2.050. The company issued revenue guidance of $2.4 billion-$2.4 billion, compared to the consensus revenue estimate of $2.5 billion.

Genesco Trading Up 2.2%

GCO opened at $26.66 on Friday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.30 and a current ratio of 1.58. The stock’s 50 day moving average price is $29.39 and its 200-day moving average price is $29.64. Genesco has a one year low of $16.19 and a one year high of $38.95. The stock has a market cap of $287.66 million, a price-to-earnings ratio of 23.59 and a beta of 1.86.

Genesco (NYSE:GCO) last posted its quarterly earnings results on Friday, March 6th. The company reported $3.74 EPS for the quarter, topping 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 has set its FY 2027 guidance at 1.900-2.300 EPS. On average, equities analysts forecast that Genesco will post 0.94 EPS for the current year.

Analyst Ratings Changes

Several analysts have recently weighed in on GCO shares. Wall Street Zen downgraded shares of Genesco from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. Zacks Research raised Genesco from a “strong sell” rating to a “hold” rating in a research note on Wednesday, January 14th. UBS Group set a $38.00 price objective on Genesco in a report on Friday, December 5th. Jefferies Financial Group reaffirmed a “hold” rating on shares of Genesco in a research report on Friday. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of Genesco in a report on Wednesday, December 24th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $36.00.

Genesco News Roundup

Here are the key news stories impacting Genesco this week:

• Positive Sentiment: Q4 results beat expectations — Genesco reported non‑GAAP EPS of about $3.74 and roughly $800M in revenue, both ahead of consensus, driven by strength at Journeys. This beat is the principal near‑term catalyst cited by markets. Article Title
• Positive Sentiment: Management highlighted intensified Journeys growth initiatives and a profitability “reset” plan for the Schuh brand — commentary investors view as a credible path to margin recovery and higher long‑term returns. Article Title
• Neutral Sentiment: Full earnings package and management commentary are available — earnings call transcript, slide deck and press release give detail for investors doing a deeper read of comps, margins and capital allocation. Slide Deck / Press Release BusinessWire Release
• Negative Sentiment: FY‑2027 guidance: Genesco set EPS of $1.90–$2.30 and revenue guidance near $2.4B, which is slightly below some sell‑side revenue expectations — that revenue shortfall tempers the print and could limit upside if execution stalls. Article Title
• Neutral Sentiment: Analysts adjusted forecasts ahead of the print — some had raised expectations into the quarter, so future revisions will matter; watch how guidance and margin targets compare with updated street models. Article Title

Hedge Funds Weigh In On Genesco

A number of large investors have recently bought and sold shares of GCO. Corient Private Wealth LLC boosted its position in Genesco by 361.6% during the 4th quarter. Corient Private Wealth LLC now owns 46,570 shares of the company’s stock valued at $1,154,000 after acquiring an additional 36,481 shares in the last quarter. Mackenzie Financial Corp raised its position in shares of Genesco by 50.3% in the 4th quarter. Mackenzie Financial Corp now owns 76,133 shares of the company’s stock worth $1,927,000 after acquiring an additional 25,494 shares in the last quarter. Empowered Funds LLC raised its position in shares of Genesco by 1.9% in the 4th quarter. Empowered Funds LLC now owns 79,016 shares of the company’s stock worth $1,957,000 after acquiring an additional 1,449 shares in the last quarter. Tudor Investment Corp ET AL purchased a new stake in shares of Genesco during the 4th quarter worth $671,000. Finally, Bridgeway Capital Management LLC boosted its position in Genesco by 5.0% during the fourth quarter. Bridgeway Capital Management LLC now owns 149,416 shares of the company’s stock valued at $3,701,000 after purchasing an additional 7,049 shares in the last quarter. 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.