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0.00236406619385346 0.00236406619385346 0.00260047281323893 0.00260047281323893 0.021276595744681 0.0732860520094565 0.0803782505910167 0.0614657210401893
Stock impact report

Why Shares of Genesco Inc. Tumbled on Thursday [The Motley Fool]

Genesco Inc. (GCO) 
Last genesco inc. earnings: 3/12 06:50 am Check Earnings Report
US:NYSE Investor Relations: genesco.gcs-web.com/investor-overview
Company Research Source: The Motley Fool
An anemic level of mall traffic and falling sales at Lids are presenting challenges for Genesco. Daniel Sparks ( TMFDanielSparks ) Aug 31, 2017 at 5:55PM What happened Shares of apparel retailer Genesco ( NYSE:GCO ) fell as much as 18% on Thursday, following the company's second-quarter earnings release for fiscal 2018. The stock closed the trading day down about 17%. Investor pessimism toward the stock on Thursday is likely due to the company's worse-than-expected revenue and wider-than-anticipated adjusted loss per share. Genesco reported revenue and an adjusted loss per share of $616.5 million and $0.10, respectively. On average, analysts surveyed by Thomson Reuters expected revenue and an adjusted loss per share of $626.9 million and $0.08, respectively. Earnings were also slightly below management's own forecasts for the quarter. Image Show less Read more
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