Genesco Affirms FY2027 Adj EPS Guidance of $2.00-$2.40 vs $2.25 Est; Lowers FY2027 Sales Guidance from $2.412B-$2.436B to $2.387B vs $2.430B Est
Genesco (NYSE:GCO) affirms FY2027 Adj EPS guidance from $2.00-$2.40 to $2.00-$2.40 vs $2.25 analyst estimate. Lowers FY2027 sales outlook from $2.412 billion-$2.436 billion to $2.387 billion vs $2.430 billion estimate.
Genesco says it will make about the same profit per share as planned, but it expects to sell less stuff than it thought before. This tells us the company is being careful about how much business it thinks it'll do.
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