Genesco Shares Decline on FY Sales Forecast

Dow Jones

Mar 08, 2025

By Denny Jacob

Genesco shares declined 22% following a forecast of light sales during the new fiscal year.

Shares were trading around $25.40. The stock is down 11% over the last year.

The retailer behind brands including Johnston & Murphy and Journeys guided for sales to be flat year over year or up 1% in fiscal 2026, which started Feb. 2.

Adjusted earnings per share are expected to be between $1.30 and $1.70. The metric removes negative impacts from foreign-currency fluctuations and planned store closures.

Write to Denny Jacob at denny.jacob@wsj.com

(END) Dow Jones Newswires

March 07, 2025 11:28 ET (16:28 GMT)

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The stock is down 11% over the last year. \n</p>\n<p>\n  The retailer behind brands including Johnston &amp; Murphy and Journeys guided for sales to be flat year over year or up 1% in fiscal 2026, which started Feb. 2. \n</p>\n<p>\n  Adjusted earnings per share are expected to be between $1.30 and $1.70. The metric removes negative impacts from foreign-currency fluctuations and planned store closures. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Denny Jacob at denny.jacob@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 07, 2025 11:28 ET (16:28 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GCO","symbol_name":"格涅斯科","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2517458682","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2517458682","pubTimestamp":1741364880,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Genesco shares declined 22% following a forecast of light sales during the new fiscal year.Shares were trading around $25.40. The stock is down 11% over the last year.The retailer behind brands including Johnston & Murphy and Journeys guided for sales to be flat year over year or up 1% in fiscal 2026, which started Feb. 2.Adjusted earnings per share are expected to be between $1.30 and $1.70. The metric removes negative impacts from foreign-currency fluctuations and planned store closures.","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"GCO":"格涅斯科"},"translate_title":"Genesco股价因财年销售预测而下跌","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GCO":1},"content_text":"By Denny Jacob \n\n\n \n\n\n  Genesco shares declined 22% following a forecast of light sales during the new fiscal year. \n\n\n  Shares were trading around $25.40. The stock is down 11% over the last year. \n\n\n  The retailer behind brands including Johnston & Murphy and Journeys guided for sales to be flat year over year or up 1% in fiscal 2026, which started Feb. 2. \n\n\n  Adjusted earnings per share are expected to be between $1.30 and $1.70. The metric removes negative impacts from foreign-currency fluctuations and planned store closures. \n\n\n \n\n\n  Write to Denny Jacob at denny.jacob@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 07, 2025 11:28 ET (16:28 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}