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Genesco raises FY27 profit target despite revenue slump
Footwear retailer Genesco reported a 3% decline in net sales to $530 million for the three months ended August 1, 2026. Despite this, the company's adjusted gross margin improved to 47.2% from 45.8% a
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Genesco (GCO) Q2 Revenue Falls 3% to $530M, Adjusted Loss Per Share Narrows to $0.83, Raises FY27 EPS Outlook to High End of $2.00-$2.40 Range
Genesco (GCO) Q2 Revenue Falls 3% to $530M, Adjusted Loss Per Share Narrows to $0.83, Raises FY27 EPS Outlook to High End of $2.00-$2.40 Range
-
Genesco raises FY27 profit target despite revenue slump
Footwear retailer Genesco reported a 3% decline in net sales to $530 million for the three months ended August 1, 2026. Despite this, the company's adjusted gross margin improved to 47.2% from 45.8% a
-
Genesco (GCO) Q2 Revenue Falls 3% to $530M, Adjusted Loss Per Share Narrows to $0.83, Raises FY27 EPS Outlook to High End of $2.00-$2.40 Range
Genesco (GCO) Q2 Revenue Falls 3% to $530M, Adjusted Loss Per Share Narrows to $0.83, Raises FY27 EPS Outlook to High End of $2.00-$2.40 Range
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