Why Genesco Stock Soared Friday

Shares of apparel retailer Genesco (NYSE: GCO) shot higher on Friday. The stock was up 32.1% by the time the market closed.

Bullishness for the stock followed the company's stronger-than-expected third-quarter results. Non-GAAP (adjusted) earnings per share and same-store sales both beat expectations.

Image source: Getty Images.

Continue reading

Source Fool.com