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Recommendations
Genesco price target raised to $43 from $37 at Pivotal Research » 04:52
01/12/21
01/12
04:52
01/12/21
04:52
GCO

Genesco

$36.01 /

+3.87 (+12.04%)

Pivotal Research analyst…

Pivotal Research analyst Mitch Kummetz raised the firm's price target on Genesco to $43 from $37 and keeps a Buy rating on the shares. The company announced stronger than expected holiday results, Kummetz tells investors in a research note. While store closures and negative store comp more than offset "robust" digital growth, store performance was not as bad as was previously feared, says the analyst.

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GCO Genesco
$36.01 /

+3.87 (+12.04%)

GCO Genesco
$36.01 /

+3.87 (+12.04%)

01/11/21 CL King
Genesco's quarter-to-date comps ahead of estimates, says CL King
12/08/20 Jefferies
Deckers Brands price target raised to $346 from $315 at Jefferies
11/27/20 CL King
Genesco price target raised to $40 from $28 at CL King
10/01/20 Susquehanna
Genesco attractive valuation equals buying opportunity, says Susquehanna
GCO Genesco
$36.01 /

+3.87 (+12.04%)

Recommendations
Genesco's quarter-to-date comps ahead of estimates, says CL King » 10:10
01/11/21
01/11
10:10
01/11/21
10:10
GCO

Genesco

$34.00 /

+1.86 (+5.79%)

CL King analyst Steven…

CL King analyst Steven Marotta views Genesco's quarter-to-date comp sales update bullishly, saying the company's niche dominance and industry-leading execution keep him highly constructive on the story. The company reported consolidated comp sales down 3% for the period, with overall sales in the period ending December 26 down 8%, ahead of estimates. The analyst made no change to his Buy rating or $40 price target.

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GCO Genesco
$34.00 /

+1.86 (+5.79%)

GCO Genesco
$34.00 /

+1.86 (+5.79%)

12/08/20 Jefferies
Deckers Brands price target raised to $346 from $315 at Jefferies
11/27/20 CL King
Genesco price target raised to $40 from $28 at CL King
10/01/20 Susquehanna
Genesco attractive valuation equals buying opportunity, says Susquehanna
09/04/20 Susquehanna
Genesco price target raised to $33 from $32 at Susquehanna
GCO Genesco
$34.00 /

+1.86 (+5.79%)

Hot Stocks
Genesco announces quarter-to-date comparable sales decreased 3% » 06:52
01/11/21
01/11
06:52
01/11/21
06:52
GCO

Genesco

$32.21 /

+0.61 (+1.93%)

Genesco announced that…

Genesco announced that comparable sales, including both stores and direct sales, decreased 3% for the quarter-to-date period ended December 26, 2020. Same store sales decreased 14% and sales for the company's e-commerce businesses increased 49% on a comparable basis for that period. The company's comp policy removes any stores that are closed for seven consecutive days or more. Therefore, comparable sales results exclude periods of time that stores were closed for seven consecutive days or more as a result of the COVID-19 pandemic. The company's stores were open for approximately 90% of the possible days during fiscal November and December, with Schuh's stores operating for approximately 50% of this period. Overall sales decreased by 8% for the quarter-to-date period ended December 26, 2020. Mimi Vaughn, Genesco board chair, president and chief executive officer, said, "Overall, our performance this holiday selling season was very encouraging given the backdrop of the COVID-19 pandemic with sales coming in above our expectations. Journeys once again led the way with strong full-price selling, and we were pleased that Schuh delivered better than expected results especially as the business continues to face significant mandated store closures. Fiscal January is off to a strong start with comps turning nicely positive, providing us with optimism for a solid finish to Fiscal 2021."

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GCO Genesco
$32.21 /

+0.61 (+1.93%)

GCO Genesco
$32.21 /

+0.61 (+1.93%)

12/08/20 Jefferies
Deckers Brands price target raised to $346 from $315 at Jefferies
11/27/20 CL King
Genesco price target raised to $40 from $28 at CL King
10/01/20 Susquehanna
Genesco attractive valuation equals buying opportunity, says Susquehanna
09/04/20 Susquehanna
Genesco price target raised to $33 from $32 at Susquehanna
GCO Genesco
$32.21 /

+0.61 (+1.93%)

Over a month ago
Recommendations
Deckers Brands price target raised to $346 from $315 at Jefferies » 08:26
12/08/20
12/08
08:26
12/08/20
08:26
DECK

Deckers Brands

$288.81 /

-0.06 (-0.02%)

, GCO

Genesco

$31.21 /

-0.79 (-2.47%)

, FL

Foot Locker

$41.38 /

-0.32 (-0.77%)

, HIBB

Hibbett Sports

$47.88 /

+1.17 (+2.50%)

, SCVL

Shoe Carnival

$37.89 /

-0.52 (-1.35%)

, SHOO

Steven Madden

$34.16 /

+0.23 (+0.68%)

Jefferies analyst Janine…

Jefferies analyst Janine Stichter raised the firm's price target on Deckers Brands (DECK) to $346 from $315 and keeps a Buy rating on the shares, telling investors that she believes read-throughs from other companies - including Genesco (GCO), Foot Locker (FL), Hibbett Sports (HIBB), Shoe Carnival (SCVL) and Steven Madden (SHOO) - suggest robust boot sell-throughs. Deckers' UGGs brand was noted in "many instances as a key driver of strength" from footwear retailers who have recently reported or issued commentary, according to Stichter.

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SHOO Steven Madden
$34.16 /

+0.23 (+0.68%)

SCVL Shoe Carnival
$37.89 /

-0.52 (-1.35%)

HIBB Hibbett Sports
$47.88 /

+1.17 (+2.50%)

GCO Genesco
$31.21 /

-0.79 (-2.47%)

FL Foot Locker
$41.38 /

-0.32 (-0.77%)

DECK Deckers Brands
$288.81 /

-0.06 (-0.02%)

DECK Deckers Brands
$288.81 /

-0.06 (-0.02%)

10/30/20 BTIG
Deckers Brands price target raised to $307 from $291 at BTIG
10/30/20 Baird
Deckers Brands price target raised to $325 from $240 at Baird
10/30/20 Citi
Deckers Brands price target raised to $310 from $250 at Citi
10/22/20 BTIG
Deckers Brands price target raised to $291 from $253 at BTIG
GCO Genesco
$31.21 /

-0.79 (-2.47%)

11/27/20 CL King
Genesco price target raised to $40 from $28 at CL King
10/01/20 Susquehanna
Genesco attractive valuation equals buying opportunity, says Susquehanna
09/04/20 Susquehanna
Genesco price target raised to $33 from $32 at Susquehanna
04/23/20 Susquehanna
Genesco price target raised to $19 from $16 at Susquehanna
FL Foot Locker
$41.38 /

-0.32 (-0.77%)

11/24/20 B. Riley Securities
Foot Locker price target raised to $39 from $36 at B. Riley Securities
11/23/20
Fly Intel: Top five analyst downgrades
11/23/20 Susquehanna
Foot Locker earnings reflect strong product mix, says Susquehanna
11/23/20 Barclays
Foot Locker price target raised to $44 from $39 at Barclays
HIBB Hibbett Sports
$47.88 /

+1.17 (+2.50%)

11/23/20 Susquehanna
Hibbett Sports results indicative of bright future, says Susquehanna
11/23/20 Baird
Hibbett Sports price target raised to $48 from $35 at Baird
11/20/20 Baird
Hibbett Sports price target raised to $48 from $35 at Baird
10/02/20 Susquehanna
Hibbett Sports price target raised to $50 from $40 at Susquehanna
SCVL Shoe Carnival
$37.89 /

-0.52 (-1.35%)

11/19/20 Susquehanna
Shoe Carnival price target raised to $47 from $40 at Susquehanna
11/19/20 Pivotal Research
Shoe Carnival price target raised to $48 from $45 at Pivotal Research
09/02/20
Fly Intel: Top five analyst downgrades
09/02/20 Sidoti
Shoe Carnival downgraded to Neutral from Buy at Sidoti
SHOO Steven Madden
$34.16 /

+0.23 (+0.68%)

11/12/20
Fly Intel: Top five analyst upgrades
11/12/20 KeyBanc
Steven Madden upgraded to Overweight from Sector Weight at KeyBanc
10/28/20 Loop Capital
Steven Madden price target raised to $25 from $22 at Loop Capital
10/28/20 Susquehanna
Steven Madden price target raised to $30 from $25 at Susquehanna
SHOO Steven Madden
$34.16 /

+0.23 (+0.68%)

SCVL Shoe Carnival
$37.89 /

-0.52 (-1.35%)

HIBB Hibbett Sports
$47.88 /

+1.17 (+2.50%)

GCO Genesco
$31.21 /

-0.79 (-2.47%)

FL Foot Locker
$41.38 /

-0.32 (-0.77%)

DECK Deckers Brands
$288.81 /

-0.06 (-0.02%)

SCVL Shoe Carnival
$37.89 /

-0.52 (-1.35%)

HIBB Hibbett Sports
$47.88 /

+1.17 (+2.50%)

FL Foot Locker
$41.38 /

-0.32 (-0.77%)

DECK Deckers Brands
$288.81 /

-0.06 (-0.02%)

SCVL Shoe Carnival
$37.89 /

-0.52 (-1.35%)

FL Foot Locker
$41.38 /

-0.32 (-0.77%)

Hot Stocks
Genesco appoints Thomas George as interim CFO » 16:16
12/01/20
12/01
16:16
12/01/20
16:16
GCO

Genesco

$30.70 /

-0.58 (-1.85%)

Genesco announced that…

Genesco announced that Thomas A. George is joining the company as senior vice president-finance and interim CFO, effective December 14. He succeeds Melvin G. Tucker, whose resignation was effective November 27. George brings significant leadership experience to the role having served nine years as chief financial officer of global footwear company, Deckers Brands, where, during his tenure, the company doubled its revenue and increased its market capitalization fourfold. Earlier in his career, he was chief financial officer of Oakley, the global eyewear brand and served in the same capacity at companies in the technology and medical device industries.

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GCO Genesco
$30.70 /

-0.58 (-1.85%)

GCO Genesco
$30.70 /

-0.58 (-1.85%)

11/27/20 CL King
Genesco price target raised to $40 from $28 at CL King
10/01/20 Susquehanna
Genesco attractive valuation equals buying opportunity, says Susquehanna
09/04/20 Susquehanna
Genesco price target raised to $33 from $32 at Susquehanna
04/23/20 Susquehanna
Genesco price target raised to $19 from $16 at Susquehanna
GCO Genesco
$30.70 /

-0.58 (-1.85%)

Recommendations
Genesco price target raised to $40 from $28 at CL King » 08:48
11/27/20
11/27
08:48
11/27/20
08:48
GCO

Genesco

$32.09 /

-3.3 (-9.32%)

CL King analyst Steven…

CL King analyst Steven Marotta raised the firm's price target on Genesco to $40 from $28 and keeps a Buy rating on the shares ahead of the company's report of Q3 results on Friday, December 4. He sees recent vaccine-related headlines implying a "closer finish line" to social distancing mandates and a swift rotation into "post-COVID-19" sectors, the analyst noted.

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GCO Genesco
$32.09 /

-3.3 (-9.32%)

GCO Genesco
$32.09 /

-3.3 (-9.32%)

10/01/20 Susquehanna
Genesco attractive valuation equals buying opportunity, says Susquehanna
09/04/20 Susquehanna
Genesco price target raised to $33 from $32 at Susquehanna
04/23/20 Susquehanna
Genesco price target raised to $19 from $16 at Susquehanna
03/09/20 Pivotal Research
Genesco price target lowered to $40 from $57 at Pivotal Research
GCO Genesco
$32.09 /

-3.3 (-9.32%)

Hot Stocks
Genesco CFO Melvin Tucker resigns » 07:00
11/02/20
11/02
07:00
11/02/20
07:00
GCO

Genesco

$17.73 /

-0.83 (-4.47%)

Genesco announced that…

Genesco announced that Melvin Tucker, senior VP and CFO, has resigned his position, effective November 27, in order to pursue an opportunity outside of the company, and will assist in ensuring a transition. Genesco has commenced an executive search for a new chief financial officer. In the interim, Mimi Vaughn, board chair, president and CEO, who previously served as CFO, will assume the responsibilities of the position of CFO. In addition, she will oversee a newly established office of the CFO to provide additional leadership, which will be co-led by Brently Baxter, VP and chief accounting officer, Matthew Johnson, VP and treasurer, and Dave Slater, vice president of financial planning & analysis and investor relations. Baxter, Johnson and Slater have multiple decades of experience at Genesco or in the retail industry. The Company also reported that Tucker's departure is not related to the Company's operations, financial reporting or controls.

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GCO Genesco
$17.73 /

-0.83 (-4.47%)

GCO Genesco
$17.73 /

-0.83 (-4.47%)

10/01/20 Susquehanna
Genesco attractive valuation equals buying opportunity, says Susquehanna
09/04/20 Susquehanna
Genesco price target raised to $33 from $32 at Susquehanna
04/23/20 Susquehanna
Genesco price target raised to $19 from $16 at Susquehanna
03/09/20 Pivotal Research
Genesco price target lowered to $40 from $57 at Pivotal Research
GCO Genesco
$17.73 /

-0.83 (-4.47%)

Over a quarter ago
Recommendations
Genesco attractive valuation equals buying opportunity, says Susquehanna » 06:49
10/01/20
10/01
06:49
10/01/20
06:49
GCO

Genesco

$21.56 /

-0.12 (-0.55%)

Susquehanna analyst Sam…

Susquehanna analyst Sam Poser told investors to buy Genesco shares. The analyst said he is confident management is taking the appropriate steps to build momentum into and through 2022. He see improving trends and attractive valuation which adds up to a buying opportunity. Poser reiterated his Positive rating and $33 price target on Genesco shares.

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GCO Genesco
$21.56 /

-0.12 (-0.55%)

GCO Genesco
$21.56 /

-0.12 (-0.55%)

09/04/20 Susquehanna
Genesco price target raised to $33 from $32 at Susquehanna
04/23/20 Susquehanna
Genesco price target raised to $19 from $16 at Susquehanna
03/09/20 Pivotal Research
Genesco price target lowered to $40 from $57 at Pivotal Research
01/21/20 CL King
Genesco upgraded to Buy from Neutral at CL King
GCO Genesco
$21.56 /

-0.12 (-0.55%)

Recommendations
Genesco price target raised to $33 from $32 at Susquehanna » 06:42
09/04/20
09/04
06:42
09/04/20
06:42
GCO

Genesco

$22.77 /

+0.79 (+3.59%)

Susquehanna analyst Sam…

Susquehanna analyst Sam Poser raised the firm's price target on Genesco to $33 from $32 and keeps a Positive rating on the shares. The analyst told investors to buy the shares as the company's operational discipline coupled with it omni-channel and digital capabilities is helping them weather the pandemic than most mall-based retailers.

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GCO Genesco
$22.77 /

+0.79 (+3.59%)

GCO Genesco
$22.77 /

+0.79 (+3.59%)

04/23/20 Susquehanna
Genesco price target raised to $19 from $16 at Susquehanna
03/09/20 Pivotal Research
Genesco price target lowered to $40 from $57 at Pivotal Research
01/21/20 CL King
Genesco upgraded to Buy from Neutral at CL King
12/09/19 Pivotal Research
Genesco price target raised to $57 from $51 at Pivotal Research
GCO Genesco
$22.77 /

+0.79 (+3.59%)

Earnings
Genesco reports Q2 adj. EPS ($1.23), consensus ($1.85) » 07:01
09/03/20
09/03
07:01
09/03/20
07:01
GCO

Genesco

$21.98 /

+0.95 (+4.52%)

Reports Q2 revenue…

Reports Q2 revenue $391.22M, consensus $369.29M. As a result of the store closures and gradual reopening of stores in response to COVID-19, the company has not included Q2 comparable sales. Currently, the company is operating in 96% of its locations, including approximately 1,130 Journeys, 160 Johnston & Murphy, and 125 Schuh locations. Mimi Vaughn, Genesco board chair, president and CEO, said, "The second quarter began with consumers enthusiastically returning to our physical locations as we began reopening stores and continuing to actively engage and shop with us online. The speed and executional excellence our teams demonstrated in getting our stores open and operational was a huge advantage as we often opened on the first day permitted by local authorities. Despite our stores being open for about 70% of the days in the second quarter, total net revenue decreased only 20% as the drop in store volume was partially offset by a notable 144% increase in e-commerce sales as we pivoted to digital. Equally encouraging was our ability to reduce expenses and inventories in line with sales and to generate cash during the quarter. Journeys generated a positive operating income for the quarter, but gross margin headwinds especially at Johnston & Murphy and Schuh led to a consolidated operating loss."

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GCO Genesco
$21.98 /

+0.95 (+4.52%)

GCO Genesco
$21.98 /

+0.95 (+4.52%)

04/23/20 Susquehanna
Genesco price target raised to $19 from $16 at Susquehanna
03/09/20 Pivotal Research
Genesco price target lowered to $40 from $57 at Pivotal Research
01/21/20 CL King
Genesco upgraded to Buy from Neutral at CL King
12/09/19 Pivotal Research
Genesco price target raised to $57 from $51 at Pivotal Research
GCO Genesco
$21.98 /

+0.95 (+4.52%)

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