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Genesco Inc. stock price
Genesco Inc. latest news:
Genesco shares surge after it initiates sale of Lids
Genesco Inc. shares surged 9.2% in Wednesday trading after the company announced plans to sell the Lids Sports Group business. Genesco's board determined after a strategic review that it should focus on footwear while Lids specializes in hats and team sports fan shops. Genesco sells wholesale footwear through the Johnston & Murphy and Trask brands and licenses shoes from other brands. Nashville-based Genesco has more than 2,725 retail stores and leased departments in the U.S., Canada, the U.K., Ireland and Germany under the names Journeys, Lids, and other chains. Genesco's board has created a four-person committee to lead the sale process, though the company says there's no assurance that there will be a resulting sale or other alternative. Genesco shares are up more than 50% for the last three months, but down 40.4% for the past year. The S&P 500 index is up 14.4% for the last 12 months.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
BRIEF-Genesco Says Entered Into Amended And Restated Credit Agreement
Genesco Inc(GCO): * GENESCO SAYS ON JAN 31 ENTERED INTO AMENDED AND RESTATED CREDIT AGREEMENT WHICH REPLACES PREVIOUS $400 MILLION REVOLVING CREDIT FACILITY - SEC FILING. * Genesco Inc(GCO) - âCREDIT FACILITY IS A REVOLVING CREDIT FACILITY IN AGGREGATE PRINCIPAL AMOUNT OF $400 MILLIONâ. * GENESCO SAYS CREDIT FACILITY HAS A FIVE-YEAR TERM Source text - http://bit.ly/2nD2GW2 Further company coverage:
BRIEF-Genesco Issues Statement In Response To 13D Filing By Legion Partners Asset Management And 4010 Capital
Genesco Inc(GCO): * Genesco Inc(GCO). ISSUES STATEMENT IN RESPONSE TO 13D FILING BY LEGION PARTNERS ASSET MANAGEMENT AND 4010 CAPITAL. * Genesco Inc(GCO) - HAVE ENGAGED IN VARIOUS DISCUSSIONS WITH REPRESENTATIVES OF LEGION PARTNERS AND EXPECT TO CONTINUE A "CONSTRUCTIVE DIALOG" Source text for Eikon: Further company coverage:
BRIEF-Legion Partners Reports 5.19 Pct Stake In Genesco
* LEGION PARTNERS LLC REPORTS 5.19 PCT STAKE IN GENESCO INC
JAN 4 - SEC FILING
BRIEF-Genesco Reports Third Quarter Fiscal 2018 Results
Genesco Inc(GCO): * GENESCO REPORTS THIRD QUARTER FISCAL 2018 RESULTS. * Q3 LOSS PER SHARE $8.55 FROM CONTINUING OPERATIONS. * Q3 SALES $717 MILLION VERSUS I/B/E/S VIEW $706.6 MILLION. * Q3 EARNINGS PER SHARE VIEW $1.12 -- THOMSON REUTERS I/B/E/S. * Q3 ADJUSTED EARNINGS PER SHARE $1.02 FROM CONTINUING OPERATIONS.
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