Genesco’s Turnaround Story Gets A Major Boost From Journeys
Genesco (NYSE: GCO) shares rose 3% after Q2 earnings topped estimates with narrower losses and Journeys growth. Read the full update.
Genesco made more money than people expected and its Journeys shoe store is doing better, which made its stock price go up a little. When a company beats what people guessed and one part of its business is growing, it's a sign things might be getting better—so pay attention to whether that keeps happening.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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