Genesco (GCO) Stock Surges 5% Amidst Retail Sector Gains

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5 days ago
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Genesco Inc. (GCO, Financial) experienced a significant stock price increase of 5%, reaching $42.62 per share. The trading volume was 127,112 shares, with a turnover rate of 1.13% and a price fluctuation of 6.74%. Recent financial reports show the company generated $596 million in revenue but recorded a net loss of $18.85 million, resulting in earnings per share of -$1.76. The gross profit stood at $285 million, with a price-to-earnings ratio of -16.82. Currently, there are no institutional ratings for buying, holding, or selling the stock.

Within the apparel retail sector, which saw an overall increase of 1.26%, Genesco was among the top gainers alongside companies like Caleres, Inc. and Victoria's Secret. The sector also featured active stocks such as A.K.A. Brands Holding Corp. and Lulu's Fashion Lounge Holdings, Inc., with notable price fluctuations.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.