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Genesco ( (GCO) ) just unveiled an announcement.
On January 29, 2026, Genesco announced that Chief Financial Officer Cassandra “Sandra” Harris had tendered her resignation effective March 6, 2026, to pursue opportunities outside the retail industry, with the company emphasizing that her departure was not related to any disagreement over operations, policies, or financial reporting. Harris agreed to stay on as a consultant and principal accounting officer from March 7, 2026, through the anticipated March 25, 2026 filing of Genesco’s fiscal 2026 Form 10-K, assist with an orderly transition, and participate in the company’s fourth-quarter and fiscal 2026 earnings call, for which she will be paid $12,000 in transition services fees. Genesco has launched a search for a permanent CFO, and effective March 6, 2026, President and CEO Mimi E. Vaughn—who previously served as CFO from 2015 to 2019—will assume the role of interim CFO without additional compensation, leading an experienced finance team to ensure continuity as the company seeks a strategic finance leader to support its long-term growth strategy and shareholder value ambitions.
The most recent analyst rating on (GCO) stock is a Hold with a $42.00 price target. To see the full list of analyst forecasts on Genesco stock, see the GCO Stock Forecast page.
Spark’s Take on GCO Stock
According to Spark, TipRanks’ AI Analyst, GCO is a Neutral.
The score is driven by strong technical momentum and solid cash flow/revenue trends, but capped by extremely weak profitability (near-zero net margin/ROE) and a negative P/E. Mixed earnings-call guidance and modestly positive corporate updates add support but do not offset profitability risk.
To see Spark’s full report on GCO stock, click here.
More about Genesco
Genesco Inc. (NYSE: GCO) is a Nashville-based, footwear-focused company operating more than 1,240 retail stores and branded e-commerce sites, with distinct retail and lifestyle brands and omnichannel capabilities. Its Journeys, Little Burgundy and Schuh banners target teens, kids and young adults with on-trend fashion footwear in the U.S., Canada and the U.K., while Johnston & Murphy serves affluent men and women with premium footwear, apparel and accessories in North America, and Genesco Brands Group sells licensed lifestyle footwear, including labels such as Wrangler, Dockers and Starter, to leading retailers.
Average Trading Volume: 191,880
Technical Sentiment Signal: Buy
Current Market Cap: $346.4M
Learn more about GCO stock on TipRanks’ Stock Analysis page.