Genesco Reports 10% Sales Increase, Reaffirms Guidance

Genesco ( (GCO) ) has shared an announcement.

Genesco Inc. reported a 10% increase in comparable sales for the fourth fiscal quarter-to-date, with significant growth in both store and e-commerce sales. The company’s strongest performance was observed in the Journeys Group with a 14% sales increase, while Schuh Group saw a 3% rise and Johnston & Murphy Group experienced a 1% decline. As a result of the improved sales performance, Genesco reaffirmed its fiscal 2025 guidance, projecting full-year earnings per share between $0.80 and $1.00. The company is focusing on optimizing its store fleet through accelerated closures and is optimistic about continuing growth and profitability in fiscal 2026.

More about Genesco

Genesco Inc. is a Nashville-based company specializing in footwear, with a focus on retail and lifestyle brands. It operates approximately 1,300 retail stores and branded e-commerce websites. The company serves diverse market segments through brands such as Journeys, Little Burgundy, and Schuh for teens, kids, and young adults, and Johnston & Murphy for affluent men and women. Genesco also sells branded lifestyle footwear under licensed brands including Levi’s, Dockers, Starter, and PONY.

YTD Price Performance: -1.03%

Average Trading Volume: 165,040

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $464.1M

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