A Director at Genesco Inc (NYSE: GCO) is Selling Shares

By Carrie Williams

Today, a Director at Genesco Inc (NYSE: GCO), Thurgood Marshall, sold shares of GCO for $93.08K.

This is Marshall’s first transaction since reporting a Sell transaction on CXW back in September 2017

Based on Genesco Inc’s latest earnings report for the quarter ending January 31, the company posted quarterly revenue of $930 million and quarterly net profit of $56.05 million. In comparison, last year the company earned revenue of $883 million and had a net profit of $46.55 million. The company has a one-year high of $55.90 and a one-year low of $20.90. Currently, Genesco Inc has an average volume of 232.4K.

Based on 6 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $42.83, reflecting a 6.2% upside.

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Genesco, Inc. engages in the retail and sale of footwear, apparel, and accessories. It operates through the following segments: Journeys Group, Schuh Group, Lids Sports Group, Johnston & Murphy Group, and Licensed Brands.