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Latest Genesco Inc (GCO) Headlines

Genesco Reports Fourth Quarter, Fiscal 2014 Results
PR Newswire - Thu Mar 13, 6:32AM CDT
Genesco Inc. (NYSE: GCO) today reported earnings from continuing operations for the 13-week period ended February 1, 2014, of $42.2 million, or $1.79 per diluted share, compared to earnings from continuing operations of $38.9 million, or $1.64 per diluted share, for the 14-week period ended February 2, 2013. Fiscal 2014 fourth quarter results reflect pretax items of $7.2 million, or $0.37 per share after tax, including $3.0 million of expenses related to deferred purchase price payments in connection with the acquisition of Schuh Group Limited, which are required to be expensed as compensation because the payment is contingent upon the payees' continued employment; and $5.7 million for network intrusion expenses, other legal matters, a lease termination, and asset impairment charges, partially offset by a $1.5 million gain related to the change in accounting for deferred bonuses under the Company's EVA Incentive Plan announced by the Company in September 2013. Fiscal 2013 fourth quarter results reflect pre-tax items of $19.2 million, or $0.52 per diluted share after tax, primarily including network intrusion expenses, deferred purchase price expenses and asset impairments, offset by a gain of $0.2 million from the change in accounting for deferred bonuses.

Is Genesco (GCO) Likely to Miss Earnings? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Mar 11, 10:00AM CDT
Genesco is slated to post fourth-quarter fiscal 2013 results on Mar 13, 2014.

Opus Group announces signing of vehicle inspection contract in Colorado
M2 - Wed Feb 26, 5:02AM CST
Opus Group AB (STO:OPUS.ST) announced today that Envirotest Systems Corp (Envirotest) has signed an exclusive contract with the Colorado Department of Public Health and Environment to continue operating the centralised vehicle inspection program for the state of Colorado.

Hero Dawn Motorbikes Unveiled in Dar
by Maureen Odunga - All Africa Global Media - Wed Feb 26, 12:32AM CST
THE booming motorcycle business in Dar es Salaam gets a new entrant, Hero Dawn billed as the world largest selling motorcycles from India.

Genesco Reverts to Positive Comps - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Jan 16, 9:30AM CST
Genesco has witnessed a slight improvement in its comparable-store sales performance in the fourth quarter ended Jan 11, 2014.

Shire Waives OFT Condition Relating to the Acquisition of ViroPharma Inc.
PR Newswire - Wed Jan 15, 8:29AM CST
Shire plc (LSE: SHP, NASDAQ: SHPG) announces that it has waived the Office of Fair Trading (OFT) approval condition to the announced tender offer for all of the outstanding shares of ViroPharma Incorporated (NASDAQ: VPHM).

Genesco quarter-to-date key sales metric flat
AP - Tue Jan 14, 8:44AM CST
NASHVILLE, Tenn. (AP) — Genesco said Tuesday that its sales at stores open at least a year were flat for the quarter to date. The retailer also cautioned that its fiscal 2014 adjusted profit is now expected at the lower end of its outlook due to quarter-to-date results and current trends.

Genesco Reports Comparable Sales
PR Newswire - Tue Jan 14, 7:28AM CST
Genesco Inc. (NYSE: GCO) announced today that comparable sales, including both stores and direct sales, increased 1% for the quarter-to-date period ended January 11, 2014, compared to a 1% decrease for the equivalent period last year. Comparable sales for stores only for the quarter-to-date period ended January 11, 2014, were flat with the equivalent period last year, when such sales decreased 2%. Comparable sales for the Company's e--commerce and catalog direct sales businesses increased 11% in the quarter-to-date period ended January 11, 2014, compared to an increase of 17% for the equivalent period last year. Comparable sales changes for each retail segment and the total Company for the period were as follows:

Insider Trading Alert - ARE, LPS, UTHR, GCO And GWRE Traded By Insiders
at The Street - Tue Dec 24, 9:30AM CST
Stocks with insider trader activity include ARE, LPS, UTHR, GCO and GWRE

Insider Trading Alert - MAR, PWR, GCO, GWRE And KR Traded By Insiders
at The Street - Mon Dec 23, 10:01AM CST
Stocks with insider trader activity include MAR, PWR, GCO, GWRE and KR

Insider Trading Alert - CA, GCO, SBUX, CMLP And CNC Traded By Insiders
at The Street - Wed Dec 18, 10:45AM CST
Stocks with insider trader activity include CA, GCO, SBUX, CMLP and CNC

Zacks #5 Rank Additions for Wednesday - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Wed Dec 18, 7:30AM CST
Here are 5 stocks added to the Zacks #5 Rank ("strong sell") List for Wednesday

Genesco Down to Strong Sell - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Dec 16, 3:30PM CST
Zacks Investment Research downgraded Genesco Inc to a Zacks Rank #5 (Strong Sell) on Dec 13.

Insider Trading Alert - TYL, AVB, MAR, CYBX And GCO Traded By Insiders
at The Street - Thu Dec 12, 11:01AM CST
Stocks with insider trader activity include TYL, AVB, MAR, CYBX and GCO

Quarterly Financial Results and New Store openings - Research Report on Express, DSW, Genesco, Guess?, and Pacific Sunwear
PR Newswire - Wed Dec 11, 7:00AM CST
Today, Analysts' Corner announced new research reports highlighting Express, Inc. (NYSE: EXPR), DSW Inc. (NYSE: DSW), Genesco Inc. (NYSE: GCO), Guess?, Inc. (NYSE: GES), and Pacific Sunwear of California, Inc. (NASDAQ: PSUN). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

WestJet and Santa surprise travelers with a holiday miracle
PRNewsChannel.com - Tue Dec 10, 3:09PM CST
PR NewsChannel CALGARY

Genesco Q3 Earnings Beat Estimates - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Dec 09, 7:20AM CST
Genesco Inc. posted third-quarter fiscal 2014 adjusted earnings of $1.43 per share, ahead of the Zacks Consensus Estimate of $1.37.

Retailer Genesco's fiscal 3Q profit sinks 34 pct
By The Associated Press - AP - Fri Dec 06, 9:40AM CST
NEWS: Flat sales and added expenses helped drive fiscal third-quarter earnings down 34 percent at Genesco Inc. The specialty retailer said a slow start to the fourth quarter prompted it to lower its forecast for the year.

Genesco Reports Third Quarter Fiscal 2014 Results
PR Newswire - Fri Dec 06, 6:22AM CST
Genesco Inc. (NYSE:GCO) today reported earnings from continuing operations for the third quarter ended November 2, 2013, of $27.8 million, or $1.18 per diluted share, compared to earnings from continuing operations of $42.2 million, or $1.76 per diluted share, for the third quarter ended October 27, 2012. Fiscal 2014 third quarter results reflect pretax items of $8.5 million, or $0.25 per diluted share after tax, including $4.0 million of expenses related to the change in accounting for deferred bonuses under the Company's EVA Incentive Plan announced by the Company in September 2013, $3.0 million of expenses related to deferred purchase price payments in connection with the acquisition of Schuh Group Limited which are required to be expensed as compensation because the payment is contingent upon the payees' continued employment, and $1.5 million for network intrusion expenses, asset impairment charges and other legal matters. Fiscal 2013 third quarter results reflect net pretax items of $1.5 million, or $0.08 per diluted share after tax, including a reduction in expenses of $1.8 million related to the change in accounting for deferred bonuses under the EVA Incentive Plan offset by compensation expense related to deferred purchase price payments in connection with the acquisition of Schuh Group Limited, asset impairments and other legal matters, decreased by tax rate adjustments of $0.40 per diluted share.

Downgrade Alert for Genesco (GCO)
Comtex SmarTrend(R) - Mon Dec 02, 7:07AM CST
Genesco (NYSE:GCO) was downgraded from Overweight to Neutral at Piper Jaffray today. The stock closed yesterday at $74.91 on volume of 106,000 shares, below average daily volume of 211,000. Genesco Inc. retails branded footwear, licensed and branded headwear, and wholesales branded footwear. The Company operates stores throughout the United States, Puerto Rico, and Canada.

Genesco Inc. (GCO) Stock Research Links

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