|Bid||38.30 x 300|
|Ask||38.40 x 100|
|Day's Range||38.25 - 40.35|
|52 Week Range||20.90 - 59.45|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
The Nashville, Tennessee-based company said it had net income of $2.90 per share. Earnings, adjusted for one-time gains and costs, were $2.15 per share. The results topped Wall Street expectations. The ...
Genesco (GCO) is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat.
Analysts have projected sales to be up 7.9% to $728.2 million driven by its growth initiatives. In comparison, on a YTD basis, Finish Line (FINL) has fallen 30.4% to $10.11 as of March 8, 2018, while Foot Locker (FL) is down 12.9% to $40.85.
Activist hedge fund Legion Partners LLC will pressure U.S. footwear retailer Genesco Inc to sell assets beyond its Lids Sports Group business, and could challenge its board if it does not do so, people familiar with the matter said on Monday. Legion Partners, which together with investment firm 4010 Partners LP owns 5.3 percent of Genesco, wrote to the company's board of directors on Monday asking it to carry out a full review of strategic alternatives, the sources said.
It is commonly known that insider buying, management purchasing stock in the own firm, is an optimistic signal. Insiders have valuable insights into the company’s current operations and opportunities, soRead More...
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Index (PMI) data, output in the Consumer Services sector is rising.
Genesco Inc. shares surged 9.2% in Wednesday trading after the company announced plans to sell the Lids Sports Group business. Genesco's board determined after a strategic review that it should focus on ...
A special committee of four independent directors will oversee the sale process, Genesco said, adding it has retained PJ Solomon to advise the special committee.
Source: InsiderScore.com On Jan. 17, as part of an SEC filing, Roaring Blue Lion Capital issued a written response to management’s Jan. 11 letter excluding Roaring Blue’s managing partner, Charles Griege Jr., from the HomeStreet board. In its response, Roaring Blue stated, “As a group of directors, you are either unable or unwilling to objectively consider changes to [HomeStreet’s] strategy or a point of view that differs from” its management’s point of view. Also on Jan. 17, Roaring Blue disclosed that it held 1,468,809 shares, or 5.5% of all outstanding HomeStreet stock, following its Dec. 29 purchase of 5,000 shares at a price of $28.98 apiece.
Genesco, Inc., the Nashville-based public company behind brands like Journeys and Johnston & Murphy, has had an eventful couple of days. Late Tuesday, the company said it has "engaged in various discussions" with a team of investors who now control 3.68 percent of the company's shares and are seeking certain changes to increase the company's stock price. The investment group, a partnership between entities tied to investment firms Legion Partners Asset Management LLC and 4010 Capital LLC, said in a regulatory filing that "the current market price of [Genesco] shares does not reflect the issuer's intrinsic value," and could be increased if the company were to sell parts of its business.
DSW is planning to stock up children’s footwear across its entire store base before this year’s back-to-school season kicks off. On the fiscal 3Q17 earnings conference call, the company’s CFO, Jared Poff, said the category had witnessed strong positive comps growth. The company has, time and again, underscored that its stores are located within 20 miles of 70% of its targeted customer base.
Genesco (GCO) recently released fourth quarter-to-date fiscal 2018 comps, where it recorded growth of 1% including both stores and direct sales. However, it has a dismal surprise history.
Will DSW’s Growth Initiatives Yield the Desired Results? In 2017, DSW’s (DSW) stock price was down 5.9% as the retail sector remained plagued by troubles. Similarly, peers Foot Locker (FL), Finish Line (FINL), and Genesco (GCO) were down 33.9%, 23.4%, and 47.5%, respectively, in 2017.
This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on January 4. Index (PMI) data, output in the Consumer Services sector is rising.
Even as consumers continue to migrate to online shopping, don’t expect Amazon.com, Inc (NASDAQ: AMZN ) to capture all the growth. Traditional brick-and-mortar retailers are gaining more flexibility as ...
Las Vegas Sands, Genesco, Goldman Sachs and JPMorgan highlighted as Zacks Bull and Bear of the Day