Why Branded Footwear Retailer Genesco’s Shares Are Shooting Higher Today
Genesco shares surge as Q1 FY25 earnings beat estimates. Sales dropped 5.3% to $457.60M, surpassing the expected $445.05M. CEO Mimi E. Vaughn credits strategic execution amid challenges. Fiscal 2025 EPS outlook reaffirmed at $0.60 - $1.00.