Genesco Reports Fourth Quarter Fiscal 2016 Results
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Jefferies Raises Price Target on Genesco (GCO) Following Inventory Correction
March 14, 2016 8:40 AM EDTJefferies reiterated a Hold rating on Genesco (NYSE: GCO), and raised the price target to $65.00 (from $63.00), following a year of inventory correction. Although it cost a little more than expected in 4Q EPS and GM, management more than cleared the divisions inventory glut, ending... More
Genesco (GCO) Misses Q4 EPS by 2c; Guides FY17 EPS, Sales Growth
March 11, 2016 6:59 AM ESTGenesco (NYSE: GCO) reported Q4 EPS of $2.11, $0.02 worse than the analyst estimate of $2.13. Revenue for the quarter came in at $932 million versus the consensus estimate of $939.42 million.
Consolidated fourth quarter 2016 comparable sales, including same store sales and comparable e-commerce and catalog sales,... More
