Genesco (NYSE:GCO) issued its quarterly earnings data on Tuesday. The company reported ($0.06) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.07) by $0.01, Bloomberg Earnings reports. The business had revenue of $645.00 million for the quarter, compared to analysts’ expectations of $636.37 million. Genesco had a positive return on equity of 6.98% and a negative net margin of 3.96%. The company’s revenue for the quarter was up .2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.05 EPS. Genesco updated its FY19 guidance to $3.05-3.45 EPS.
NYSE:GCO traded up $0.20 during midday trading on Thursday, hitting $40.10. 423,896 shares of the company traded hands, compared to its average volume of 351,986. Genesco has a 12-month low of $20.90 and a 12-month high of $45.90. The firm has a market capitalization of $815.55 million, a PE ratio of 12.88, a PEG ratio of 1.30 and a beta of 1.03. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.59 and a current ratio of 2.93.
In other Genesco news, Director Thurgood Marshall, Jr. sold 2,200 shares of the company’s stock in a transaction on Wednesday, April 4th. The stock was sold at an average price of $42.31, for a total value of $93,082.00. Following the transaction, the director now owns 9,281 shares of the company’s stock, valued at approximately $392,679.11. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 4.30% of the company’s stock.
Genesco Company Profile
Genesco Inc retails and wholesales footwear, apparel, and accessories. The company operates in five segments: Journeys Group, Schuh Group, Lids Sports Group, Johnston & Murphy Group, and Licensed Brands. The Journeys Group segment offers footwear and accessories through the Journeys, Journeys Kidz, Shi by Journeys, and Little Burgundy retail chains, as well as through e-commerce and catalogs for young men, women, and children.
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