Latest news with #GCO
Yahoo
5 days ago
- Business
- Yahoo
Truist Raises Genesco Inc. (GCO)'s Price Target by $2
Truist has raised its price target on Genesco Inc. (NYSE:GCO) from $23 to $25, while maintaining a Hold rating on the stock. A model wearing the newest apparel and accessories from the company, showcasing their up-to-date fashion sense. This comes after Genesco Inc. (NYSE:GCO) reported strong first-quarter results and maintained its full-year profits per share target, despite the company's current tariff implications. Investors can take confidence from its Journeys brand's excellent momentum. The company listed a few difficulties, such as select price increases that are expected later in the year and possible impacts on the gross margin from sourcing and efficiency initiatives. The way that customers will react to these changes is unclear, though. Although Truist is upbeat about the Journeys brand's development, it is nonetheless wary of the macroeconomic conditions and potential changes in consumer demand. While we acknowledge the potential of GCO as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 10 High-Growth EV Stocks to Invest In and 13 Best Car Stocks to Buy in 2025. Disclosure. None.
Yahoo
6 days ago
- Business
- Yahoo
Genesco: Fiscal Q1 Earnings Snapshot
NASHVILLE, Tenn. (AP) — NASHVILLE, Tenn. (AP) — Genesco Inc. (GCO) on Wednesday reported a loss of $21.2 million in its fiscal first quarter. The Nashville, Tennessee-based company said it had a loss of $2.02 per share. Losses, adjusted for one-time gains and costs, were $2.05 per share. The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of $2.09 per share. The seller of footwear, hats, clothing and accessories posted revenue of $474 million in the period, also beating Street forecasts. Three analysts surveyed by Zacks expected $463.2 million. Genesco expects full-year earnings in the range of $1.30 to $1.70 per share. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on GCO at
Washington Post
6 days ago
- Business
- Washington Post
Genesco: Fiscal Q1 Earnings Snapshot
NASHVILLE, Tenn. — NASHVILLE, Tenn. — Genesco Inc. (GCO) on Wednesday reported a loss of $21.2 million in its fiscal first quarter. The Nashville, Tennessee-based company said it had a loss of $2.02 per share. Losses, adjusted for one-time gains and costs, were $2.05 per share. The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of $2.09 per share.
South Wales Argus
22-05-2025
- Entertainment
- South Wales Argus
Gwent Chamber Orchestra to celebrate 50th anniversary
The event will take place at Brecon Cathedral on Saturday, June 14, at 7.30pm. The concert will be a family affair, with composer and pianist Huw Watkins MBE performing Mozart's Piano Concerto No 19, alongside his father and founder member, John Watkins. The orchestra will be led by husband and wife, Stephen Broom and Julia Watkins. Mr Broom said: "As the venue of the orchestra's first ever concert, Brecon Cathedral is GCO's spiritual home. "Almost 50 years on from that inaugural performance it's fitting that we're returning to the place where it all began to play some of the same music. "We're also delighted that the talented friend of the orchestra Huw Watkins is able to join us for our golden anniversary celebrations. "The fact that the concert will also be a family affair makes it extra special." The orchestra was founded in 1975 by David Gedge, then the director of music at Brecon Cathedral. It was initially formed to support the Brecon Cathedral Singers and Choir. The concert will feature music played at the orchestra's first concert on June 21, 1975, including Elgar's Serenade for Strings and Schubert's Symphony No 5. Tickets cost £15.
Qatar Tribune
08-05-2025
- Business
- Qatar Tribune
GCO partners with Al Jazeera Media Institute and Google News initiative to provide media training
QNA Doha The Government Communications Office (GCO), in collaboration with the Google News Initiative and Al Jazeera Media Institute, delivered a training programme on Best Practices in Digital Transformation. The programme brought together news directors, journalists and representatives from across Qatar's media landscape. This initiative aims to empower Qatar's media institutions with cutting-edge digital technologies, particularly AI, to enhance journalistic excellence. GCO Director Sheikh Jassim bin Mansour bin Jabor Al-Thani emphasised: 'Qatar increasingly recognises the media sector as a cornerstone for building public awareness and engagement. Our collaboration with Google and Al Jazeera Media Institute demonstrates our commitment to fostering a media environment grounded in innovation and digital literacy.' He further noted: 'By forging strategic partnerships with global industry leaders, we're enhancing Qatar's media capabilities and equipping professionals with skills to leverage smart technologies to create a credible, innovative and impactful content. This marks a crucial step toward creating a modern local media environment that aligns with our sustainable development goals.' News and Publishing Partnerships Lead for MENA at Google Mazen Sabbagh said: 'The programme aimed to empower journalists and news directors to leverage advanced digital tools, including AI, to enhance their journalistic practices.' Al Jazeera Media Institute Director Eman Al Amri emphasised that newsroom innovation 'particularly through AI integration' represents a critical investment in the future of media operations. This training forms a part of the GCO's professional development series, designed to strengthen Qatar's media and communications ecosystem. Through capacity-building initiatives, these programmes support professionals in navigating developments within the global media landscape, in line with the Third National Development Strategy.
