Shares of footwear, apparel, and accessories retailer Genesco (NYSE:GCO)
jumped 3% in the morning session after analysts raised their price targets on the stock following its second-quarter earnings report.
Footwear, apparel, and accessories retailer Genesco (NYSE:GCO) reported revenue ahead of Wall Street’s expectations in Q2 CY2025, with sales up 4% year on year to $546 million. Its non-GAAP loss of $1.14 per share was 8.6% above analysts’ consensus estimates.
Shares of footwear, apparel, and accessories retailer Genesco (NYSE:GCO)
fell 11.5% in the morning session after the company reported a wider loss for its second quarter, overshadowing revenue that beat expectations.
Footwear, apparel, and accessories retailer Genesco (NYSE:GCO) reported revenue ahead of Wall Street’s expectations in Q2 CY2025, with sales up 4% year on year to $546 million. Its non-GAAP loss of $1.14 per share was 8.6% above analysts’ consensus estimates.
Footwear, apparel, and accessories retailer Genesco (NYSE:GCO)
will be announcing earnings results this Thursday before the bell. Here’s what you need to know.
Shares of footwear, apparel, and accessories retailer Genesco (NYSE:GCO)
jumped 11.7% in the morning session after Seaport Global upgraded the stock to 'Buy' from a previous 'Neutral' rating.
The Russell 2000 (^RUT) is home to many small-cap stocks, offering investors the chance to uncover hidden gems before the broader market catches on.
However, these companies often come with higher volatility and risk, as their smaller size makes them more vulnerable to economic downturns.
The $10-50 price range often includes mid-sized businesses with proven track records and plenty of growth runway ahead.
They also usually carry less risk than penny stocks, though they’re not immune to volatility as many lack the scale advantages of their larger peers.
Market swings can be tough to stomach, and volatile stocks often experience exaggerated moves in both directions.
While many thrive during risk-on environments, many also struggle to maintain investor confidence when the ride gets bumpy.
A number of stocks jumped in the afternoon session after the latest Consumer Price Index (CPI) report showed inflation holding steady, bolstering investor optimism for a potential interest rate cut by the Federal Reserve. The data, which revealed that inflation remained at 2.7% for the year ending in July, was seen as a positive sign by investors. This stability increases the likelihood that the Federal Reserve might lower interest rates at its upcoming September meeting. Lower interest rates can stimulate the economy by making borrowing cheaper for both consumers and businesses, which often translates into higher consumer spending. This is particularly beneficial for the Consumer Discretionary sector, which includes companies selling non-essential goods and services like apparel, travel, and electronics.
A number of stocks fell in the afternoon session after the latest U.S. consumer confidence report revealed underlying weakness despite a headline increase, raising concerns about future spending.
Small-cap stocks in the Russell 2000 (^RUT) can be a goldmine for investors looking beyond the usual large-cap names.
But with less stability and fewer resources than their bigger counterparts, these companies face steeper challenges in scaling their businesses.
Many small-cap stocks have limited Wall Street coverage, giving savvy investors the chance to act before everyone else catches on.
But the flip side is that these businesses have increased downside risk because they lack the scale and staying power of their larger competitors.
