Genesco’s stock surged 5.8% after detailing growth plans and positive trends at a retail conference. Journeys business saw 4 quarters of positive sales, with a 10% run rate. Despite $20 million in tariffs, the company projects 3-4% growth and aims for a 6% operating margin. Shares closed at $33.67, up 6.6%. Market sees news as meaningful but not altering perception. Analysts raised price targets post Q2 earnings beat, boosting sentiment. Genesco’s stock is down 19.5% YTD, trading 23.4% below its 52-week high. Investors from 5 years ago would see a 56.8% return.

Read more at Stockstory.org – Wall Street Journal: Why Genesco (GCO) Stock Is Up Today