While reporting financial results for the fourth quarter on Thursday, specialty retailer Genesco, Inc. (GCO) initiated its adjusted earnings and sales growth guidance for the full-year 2026.
For fiscal 2026, the company now projects adjusted earnings from continuing operations in a range of $1.30 to $1.70 per share on sales growth of 0 to 1 percent.
On average, analysts polled expect the company to report earnings of $2.35 per share on revenue growth of 1.71 percent to $2.40 billion for the year. Analysts' estimates typically exclude special items.
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.