Genesco Inc. Q4 Profit Increases, But Misses Estimates

March 07, 2025 — 06:58 am EST

Written by RTTNews.com for RTTNews

(RTTNews) - Genesco Inc. (GCO) announced a profit for its fourth quarter that increased from last year but missed the Street estimates.

The company's earnings totaled $34.38 million, or $3.13 per share. This compares with $27.19 million, or $2.47 per share, last year.

Excluding items, Genesco Inc. reported adjusted earnings of $35.81 million or $3.26 per share for the period.

Analysts on average had expected the company to earn $3.31 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 0.9% to $745.95 million from $738.95 million last year.

Genesco Inc. earnings at a glance (GAAP) :

-Earnings: $34.38 Mln. vs. $27.19 Mln. last year. -EPS: $3.13 vs. $2.47 last year. -Revenue: $745.95 Mln vs. $738.95 Mln last year.

RTTNews

Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.

Genesco Inc. Q4 Profit Increases, But Misses Estimates

Tags

Latest Articles