Genesco (GCO) Tops Q3 EPS by 39c, Offers Guidance
Genesco (NYSE: GCO) reported Q3 EPS of $0.61, $0.39 better than the analyst estimate of $0.22. Revenue for the quarter came in at $596.3 million versus the consensus estimate of $573.36 million.
GUIDANCE:
Genesco sees FY2025 EPS of $0.80-$1.00, versus the consensus of $0.76.
For Fiscal 2025, the Company:
- Now expects total sales to be down 1% to flat compared to Fiscal 2024, or flat to up 1% excluding the 53rd week in Fiscal 2024 versus prior expectations for a total sales decrease of 1% to 2%, or flat to down 1% excluding the 53rd week in Fiscal 2024
- Now expects adjusted diluted earnings per share from continuing operations in the range of $0.80 to $1.00 versus prior guidance of $0.60 to $1.002
- Guidance assumes no further share repurchases and a tax rate of 27%
For earnings history and earnings-related data on Genesco (GCO) click here.
