Genesco (GCO) Surges 8.4%: Is This an Indication of Further Gains?

Zacks11-07

Genesco GCO shares ended the last trading session 8.4% higher at $29.45. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares ...

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This compares ...</p>\n\n<a href=\"https://finance.yahoo.com/news/genesco-gco-surges-8-4-144200401.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Genesco (GCO) Surges 8.4%: Is This an Indication of Further Gains?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGenesco (GCO) Surges 8.4%: Is This an Indication of Further Gains?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-07 22:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/genesco-gco-surges-8-4-144200401.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Genesco GCO shares ended the last trading session 8.4% higher at $29.45. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares ...</p>\n\n<a href=\"https://finance.yahoo.com/news/genesco-gco-surges-8-4-144200401.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LVLU","symbol_name":"Lulu's Fashion Lounge Holdings, Inc","start_time":0,"source_url":"https://finance.yahoo.com/news/genesco-gco-surges-8-4-144200401.html","article_id":"2481716042","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/AZffzAwwN27zvAq.cVdXxw--~B/aD01OTE7dz05MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/1e03737e3ed7f2a3b034095a585abecb"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2481716042","pubTimestamp":1730990520,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Genesco GCO shares ended the last trading session 8.4% higher at $29.45. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 0.2% gain over the past four weeks.Genesco saw a boost in its stock price, driven by overall positive market sentiment following the clear mandate for Trump in the recent election, signaling a stable political climate. Coupled with strong fundamentals, the company’s renewed focus on product innovation, expanded assortments, and enhanced consumer experiences positions it well to capitalize on shifting trends, particularly in the youth footwear market. The ongoing digital growth, supported by successful marketing efforts and a clear brand positioning strategy, further reinforces confidence in Genesco’s long-term growth potential.This seller of footwear, hats, clothing and accessories is expected to post quarterly earnings of $0.22 per share in its upcoming report, which repres","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LVLU":"Lulu's Fashion Lounge Holdings, Inc","GCO":"格涅斯科","BK4122":"互联网与直销零售","BK4094":"服装零售"},"translate_title":"Genesco(GCO)飙升8.4%：这是进一步上涨的迹象吗？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GCO":1,"LVLU":1},"content_text":"Genesco GCO shares ended the last trading session 8.4% higher at $29.45. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 0.2% gain over the past four weeks.\nGenesco saw a boost in its stock price, driven by overall positive market sentiment following the clear mandate for Trump in the recent election, signaling a stable political climate. Coupled with strong fundamentals, the company’s renewed focus on product innovation, expanded assortments, and enhanced consumer experiences positions it well to capitalize on shifting trends, particularly in the youth footwear market. The ongoing digital growth, supported by successful marketing efforts and a clear brand positioning strategy, further reinforces confidence in Genesco’s long-term growth potential.\nThis seller of footwear, hats, clothing and accessories is expected to post quarterly earnings of $0.22 per share in its upcoming report, which represents a year-over-year change of -61.4%. Revenues are expected to be $573.56 million, down 1% from the year-ago quarter.\nEarnings and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical research shows that trends in earnings estimate revisions are strongly correlated with near-term stock price movements.\nFor Genesco, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. So, make sure to keep an eye on GCO going forward to see if this recent jump can turn into more strength down the road.\nThe stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>\nGenesco is part of the Zacks Retail - Apparel and Shoes industry. Lulu's Fashion Lounge Holdings, Inc. LVLU, another stock in the same industry, closed the last trading session 15.7% lower at $1.45. LVLU has returned 4.2% in the past month.\nFor Lulu's Fashion Lounge , the consensus EPS estimate for the upcoming report has remained unchanged over the past month at -$0.07. This represents a change of +30% from what the company reported a year ago. Lulu's Fashion Lounge currently has a Zacks Rank of #3 (Hold).\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nGenesco Inc. (GCO) : Free Stock Analysis Report\nLulu's Fashion Lounge Holdings, Inc. (LVLU) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2481716042"}