GCO News and Press, Genesco Inc. From 08/31/23

Genesco Inc. (NYSE: GCO) today reported second quarter results for the three months ended July 29, 2023. Second Quarter Fiscal 2024 Financial Summary Net sales of $523 million decreased 2% compared to Q2FY23 Comps down 2%, with stores down 6% and direct up 14% E-commerce sal...

Genesco Inc. (GCO) is expected to report $-1.23 for Q2 2024

--Search Process Underway To Identify Successor-- Genesco Inc. (NYSE: GCO) announced today the planned retirement of Journeys Group president Mario Gallione at the end of the Company’s fiscal year, with an expected effective date of February 2024. “I would like to than...

2023-08-29 15:30:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...

Genesco Inc. (NYSE: GCO) today announced that the Company will report results for the second quarter fiscal 2024 on August 31, 2023, before the market opens, and hold its quarterly earnings conference call at 7:30 a.m. (Central Daylight Time) the same day. A live audio webcast of the confer...

Journeys turns to thredUP to offer its customers affordable, sustainable fashion apparel to pair with its growing catalog of footwear brands. Journeys, the teen retail leader under Genesco Inc. (NYSE: GCO), and thredUP (NASDAQ: TDUP), one of the largest online resale platforms for appar...

2023-07-13 08:30:00 ET Summary June 2023 saw significant insider purchases in Lucid Group, Diversified Healthcare Trust, Akoya Biosciences, and Axon Enterprise. The Public Investment Fund bought $1.8 billion worth of shares in Lucid Group, increasing its ownership to 74.95%. Diver...

2023-06-26 06:59:26 ET Genesco ( NYSE: GCO ) adds $50M to its existing $200 million share repurchase authorization, bringing total amount available under repurchase program to $60.5M. The $10.5M is pending under the existing $200M share repurchase program. Source: Press ...

Genesco Inc. (NYSE: GCO) announced today that its board of directors has authorized a $50 million increase to its existing $200 million share repurchase authorization. Under Genesco’s existing $200 million share repurchase, since September 2019 the Company has repurchased 3.9 million s...

2023-06-14 01:41:58 ET Summary GCO is a beaten-down shoe retailer, which has been facing decreased consumer demand and inventory buildup severely reducing recent cash generation. Despite these negative trends, the company is shareholder-friendly and appears able to survive an econ...