Noticias y eventos de Genesco Inc (GCO)GCOGenesco Inc

Stock Futures Slightly Higher Amid High Oil Prices

Stock futures are slightly higher as investors balance easing Treasury yields against renewed geopolitical tensions in the Middle East and elevated oil prices.The conflict involving the U.S. and Iran featured new attacks around the Persian Gulf, pushing crude prices sharply higher. Oil has since pulled back from its overnight highs, but Brent remains around $95-$97 a barrel and WTI around $91-$93, keeping inflation concerns firmly in focus.The 10-year Treasury yield has slipped after approaching multi-year highs, while the dollar has also weakened. Lower yields are helping support equities, particularly growth and technology stocks, although the market remains highly sensitive to additional moves in oil.In pre-market trading, S&P 500 futures rose 0.18%, Nasdaq futures rose 0.01% and Dow futures rose 0.45%.Check out this morning's top movers from around Wall Street, compiled by The Fly.HIGHER -Principal Financialup 5% after Korea Economic DailySamsung Life is seeking to acquire a 15% stake in the companyUP AFTER EARNINGS -Snowflakeup 24%Netskopeup 13%Duluth Holdingsup 11%Genescoup 7%Five Belowup 5%Cienaup 2%DOWN AFTER EARNINGS -Victoria's Secretdown 16%Campbell'sdown 6%HPEdown 4%Broadcomdown 3%Wileydown 2%LOWER -Ultragenyxdown 46% after reporting its Phase 3 Aspire study for apazunersen in Angelman syndrome did not achieve the primary endpointAdvasa Holdingsdown 11% after Katharyn Field formally resigned her position as CFOModernadown 2% after Rothschild & Co Redburn downgraded the stock to Sell from Neutral with a price target of $81, up from $40

Fy27 Comparable Sales Expected to be Flat

Sees Fy27 comparable sales are now expected to be flat versus prior guidance of positive 1% to 2%.

Genesco Reports Q2 Revenue of $530M

Reports Q2 revenue $530M, consensus $527.26M. Mimi Vaughn, Genesco's Board Chair, President and Chief Executive Officer, said, "We delivered second quarter bottom line results that were significantly better than last year and well ahead of our expectations. The quarter provides further evidence that our Footwear First strategy is working and our momentum is building. Journeys and Johnston & Murphy both delivered positive comparable sales in the quarter, and earnings improvement reflected the operating leverage we set out to build, with more full-price selling aiding gross margin recapture and disciplined expense management driving the stronger performance. As we anticipated, the decline in sales was driven by strategic actions: store closures, our license transition, and pullback on discounting at Schuh. As we move past these shorter-term headwinds, we expect sales trends to improve, and we remain confident that the initiatives underway across our company position us for profitable growth."