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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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.