Investing.com - Genesco (NYSE:GCO) reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Genesco announced earnings per share of $0.59 on revenue of $535.33M. Analysts polled by Investing.com anticipated EPS of $0.29 on revenue of $549.76M.
Genesco shares are down 11.89% from the beginning of the year, still down 37.38% from its 52 week high of $73.72 set on November 18, 2021. They are under-performing the EUR/USD which is down 0% from the start of the year.
Genesco follows other major Consumer Discretionary sector earnings this month
Genesco's report follows an earnings beat by Home Depot on August 16, who reported EPS of $5.05 on revenue of $43.79B, compared to forecasts EPS of $4.95 on revenue of $43.36B.
Alibaba ADR had beat expectations on August 4 with third quarter EPS of $11.73 on revenue of $205.56B, compared to forecast for EPS of $10.7 on revenue of $203.47B.
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