While reporting financial results for the fourth quarter on Friday, specialty retailer Genesco, Inc. (GCO) initiated its adjusted earnings and sales growth guidance for the full-year 2027.
For fiscal 2027, the company now projects adjusted earnings from continuing operations in a range of $1.90 to $2.30 per share on sales between down 1 percent and flat, with comparable sales growth of 1 to 2 percent.
In Friday's pre-market trading, GCO is trading on the NYSE at $28.50, up $2.47 or 9.49 percent.
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