Genesco Inc. News
Apparel Retailer Genesco Shares Leap After Stronger-Than-Expected Third Quarter
Comparable-store sales rose 3% at the company, with brands including Journeys, Johnston & Murphy, Lids and more.
Saudi Aramco, Twitter, Uber, Okta, and Jobs Friday - 5 Things You Must Know
Saudi Aramco unveils record IPO; Twitter enlists $700 million worth of junk-bond 'followers'; Uber details rough rides; Okta posts mixed results; and Jobs Friday is here..
Genesco, After 2 Buybacks in 10 Months, Sets New $100M Authorization
In two previous buybacks over the past 10 months, the Nashville retailer bought 5.3 million shares for about $225 million, or about $42.45 apiece.
Genesco Shares Rocket After Footwear Company Blows Past Earnings Estimates
Genesco handily beats earnings estimates in its second quarter.
Genesco Expected to Earn 4 Cents a Share
Genesco revenue expected to fall 25.7% to $479.4 million.
Genesco Declines After Swinging to Fourth-Quarter Loss
The apparel retailer swings to a loss of $64 million in the fourth quarter.
Genesco Rises on Sale of Lids Sports Group
The $100 million sale of Lids Sports Group is 40% less than what Genesco paid for the brand in 2014.
Good News Is Actually Good for the Stock Market: Market Recon
Second-quarter GDP revised higher, talk about tax reform and private jobs numbers are all positive.
Market Recon: Oil Prices and the Fed Are the Market's Guides Today
U.S. oil producers are becoming more important in any calculation about oil prices.
Breaking News
Johnson & Johnson Stock Lower After Unveiling End To Global Baby Powder Sales In 2023
Johnson & Johnson, which began selling Baby Powder in 1894, will end all sales of the talc-based product next year.
Apple Stock Edges Higher After Report Indicates iPhone Demand Confidence
Apple is asking assemblers to put together 220 million iPhones this year, Bloomberg reported, a tally that largely matches 2021 levels.
Rivian Stock Higher As 2022 Production Hopes Offset $5.45 Billion Loss Forecast
"The supply chain continues to be the limiting factor in our production rates but we remain confident in our ability to achieve our target," said CFO Claire McDonough.
Illumina and the Quest for the (Holy?) Grail
DNA-sequencing leader Illumina swung to a loss in Q2 2022. Contributions from Grail didn't help.