Genesco (GCO) Names Jonathan Collins CFO Effective August 3

Published on Β· Source: finance.yahoo.com

Genesco (GCO) Names Jonathan Collins CFO Effective August 3

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Summarized by AI from the source below

Genesco Inc. (GCO) announced the appointment of Jonathan Collins as CFO, effective August 3. Collins succeeds Mimi Vaughn, who served as interim CFO since March 2026. The company has identified a $40 million to $50 million cost-savings program which is expected to support long-term margin expansion. Jefferies analyst Corey Tarlowe maintains a 'Hold' rating on Genesco stock, noting the positive management change and strong momentum entering Q2. However, he expressed concerns that Schuh may impact business performance in the near term.

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