Earnings ·
Genesco Inc. reported second quarter fiscal 2027 results for the period ended August 1, 2026
GCOGenesco Inc
Genesco Inc. reported second quarter fiscal 2027 results for the period ended August 1, 2026. Net sales decreased 3% to $530 million, while comparable sales declined 1%. GAAP diluted EPS was $0.32 compared to a loss of ($1.79) in the prior year, driven by $22.5 million in tariff refunds. Adjusted diluted EPS was ($0.83), an improvement from ($1.14) last year. The company raised its full-year adjusted EPS guidance to the high end of the $2.00 to $2.40 range and increased total comparable sales expectations to flat versus prior positive 1% to 2%. Journeys reported 2% comparable sales growth, Johnston & Murphy grew 4%, while Schuh declined 9%. Genesco Inc. operates in the footwear retail industry, selling branded lifestyle footwear through its Journeys, Johnston & Murphy, and other brands.