Genesco (GCO) delivered earnings and revenue surprises of 21.05% and 2.68%, respectively, for the quarter ended April 2024. Do the numbers hold clues to what lies ahead for the stock?
Footwear, apparel, and accessories retailer Genesco (NYSE:GCO) announced better-than-expected results in Q1 CY2024, with revenue down 5.3% year on year to $457.6 million. It made a non-GAAP loss of $2.10 per share, down from its loss of $1.59 per share in the same quarter last year.