Genesco (GCO) Misses Q4 EPS by 9c

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Genesco (GCO) PT, Estimates Cut at Jefferies Post Q4

March 16, 2015 9:06 AM EDT

Jefferies analyst Edward Plank reiterated an Hold rating while lowering estimates and his price target on Genesco (NYSE: GCO) to $69.00 (from $77.00) following Q4 results.

Plank commented, "A record quarter at Journeys was not enough to offset mounting margin pressures at Lids, which is now being... More

Sterne Agee Downgrades Genesco (GCO) to Neutral

March 13, 2015 6:26 AM EDT

Sterne Agee downgraded Genesco (NYSE: GCO) from Buy to Neutral.

Analyst Sam Poser commented, "Footwear is a core competency for GCO, but the Lids Group, especially Locker Room, is proving to be a challenge. The impact of the Locker Room/Clubhouse initiatives is underappreciated.... More