Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts
Genesco sinks nearly 30% as demand weakens and guidance drops
short by / on Thursday, 4 December, 2025
Genesco shares fell nearly 30% after the retailer cut its fiscal 2026 outlook, citing weak UK demand. Q3 adjusted EPS of $0.79 missed estimates, and the company now expects total sales to rise about 2% and EPS to reach $0.95, both well below prior forecasts. Management said Black Friday and Cyber Monday were encouraging but demand remains soft.
read more at Stocktwits