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Genesco Inc. (NYSE:GCO) Faces Legal Investigation Amid Financial Challenges

  • Jefferies sets a price target of $26 for Genesco Inc. (NYSE:GCO), indicating a potential upside of about 6.64%.
  • Genesco is under investigation by Holzer & Holzer, LLC for potential non-compliance with federal securities laws following its Q3 results.
  • The company's stock price dropped by approximately -30.84%, reflecting investor concerns over its financial outlook.

Genesco Inc. (NYSE:GCO) is a retailer specializing in footwear and accessories, operating under brands like Journeys and Schuh. On December 4, 2025, Jefferies set a price target of $26 for GCO, while the stock was trading at $24.38. This suggests a potential upside of about 6.64% from the target price.

However, Genesco faces challenges. Holzer & Holzer, LLC is investigating the company for potential non-compliance with federal securities laws. This follows Genesco's third-quarter results announcement, which revealed margin pressure at Schuh and a cautious sales outlook. Consequently, the company revised its full-year forecast, expecting adjusted earnings per share to be around $0.95.

The announcement negatively impacted GCO's stock price, which dropped by approximately -30.84%, or -$10.87. The stock's price fluctuated between $22.05 and $26.29 during the day. Over the past year, GCO's stock reached a high of $44.80 and a low of $16.19, indicating significant volatility.

Genesco's market capitalization is approximately $263.18 million, reflecting its current valuation in the market. The stock is actively traded on the NYSE, with a trading volume of 749,804 shares. Investors who have incurred losses are encouraged to contact Holzer & Holzer for legal consultation.