Genesco Q4 Earnings Miss Estimates, Journeys Sales Increase Y/Y
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Genesco reported its fiscal fourth-quarter results, showing higher year-over-year sales and earnings. However, the earnings missed estimates. The gross margin improved by 60 basis points to 46.9%.
March 10, 2025 | 5:00 pm
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NEGATIVE IMPACT
Genesco's Q4 earnings missed estimates despite higher year-over-year sales and earnings. The gross margin improved by 60 basis points to 46.9%.
The earnings miss is likely to have a negative short-term impact on Genesco's stock price, despite the positive year-over-year sales and earnings growth and improved gross margin.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100