YahooSeptember 12, 2026 at 11:05 AM NYLast Month
Genesco (GCO) Proves Smaller Sales Can Still Mean Bigger Profits
On September 3, Genesco (NYSE:GCO) reported a second quarter that should not have worked on paper. Revenue fell 3% to $530 million, yet the company nearly halved its adjusted operating loss and raised full-year earnings guidance to the top end of its range. That combination, shrinking sales alongside expanding profit, is the footwear-first strategy showing […]
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