Genesco Sets Earnings Guidance Below Analyst Expectations

Genesco, Inc. (GCO) has released its financial outlook for fiscal 2026, indicating adjusted earnings per share will be between $1.30 to $1.70, significantly lower than analyst expectations of $2.35. This signals potential challenges for the company moving forward.

Date: 07-03-2025

AI Rating: 4

Earnings Per Share (EPS)
Genesco's guidance for fiscal 2026 reveals adjusted earnings from continuing operations projected between $1.30 to $1.70 per share. This range is notably below the analysts' average expectation of $2.35 per share, which could lead to negative investor sentiment as it strongly underperforms market forecasts.

Revenue Growth
The company anticipates sales growth of 0 to 1 percent for the same fiscal year. In contrast, analysts expect a revenue growth rate of 1.71 percent, representing a further divergence from market expectations and could reflect underlying softness in sales.

Overall, these earnings forecasts suggest a cautious outlook for Genesco as it strives to meet market expectations, particularly given its lower projections for EPS and revenue growth. Investors may view this news unfavorably as it indicates potential challenges ahead for the company.

Stocks: GCO