Genesco Inc. Reports Fiscal 2019 Second Quarter Results
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September 10, 2018 7:53 AM EDT
Pivotal Research analyst Mitch Kummetz raised the price target on Genesco (NYSE: GCO) to $55.00 (from $54.00) while maintaining a Buy rating.
Kummetz commented, "GCO reported a 2Q SSS/EPS beat, strong August SSS, and raised its FY19 SSS guidance. We upgraded GCO... More
September 7, 2018 6:55 AM EDT
Genesco (NYSE: GCO) reported Q2 EPS of $0.04, $0.07 better than the analyst estimate of ($0.03). Revenue for the quarter came in at $654 million versus the consensus estimate of $641.07 million.
Net sales increased 6% to $654 millionComparable sales increased 3%GAAP EPS from continuing operations was $0.01Non-GAAP EPS from continuing operations was $0.04
"Our second quarter performance was highlighted by our strongest quarterly comparable sales increase in more than two years. Sales trends at... More
