---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-045610"
form_type: "8-K"
ticker: "GCO"
cik: "0000018498"
company_name: "GENESCO INC"
filed_at: "2023-08-31T23:59:59+00:00"
generated_at: "2026-06-11T01:29:48.642044+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Genesco posts Q2 GAAP loss per share of $2.79; non-GAAP loss $0.85; sales down 2%

## Summary
- Net sales $523M, down 2% YoY; GAAP loss from cont. ops $31.6M ($2.79 loss per share).
- Non-GAAP loss per share $0.85 vs. income $0.59 last year; gross margin +20bps to 47.7%.
- Recorded $28.5M pretax goodwill impairment in Genesco Brands Group due to licensor dispute.
- Journeys comps down 11%, Schuh +17%, J&Murphy +12%; e-commerce 21% of retail sales.
- Repurchased $22.9M in shares (1.0M shares avg $22.71); FY24 EPS guidance reaffirmed $2.00-$2.50.

## SEC filing metadata
- accession: 0000950170-23-045610
- form_type: 8-K
- ticker: GCO
- cik: 0000018498
- company_name: GENESCO INC
- filed_at: 2023-08-31T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/18498/000095017023045610/0000950170-23-045610-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/18498/000095017023045610/gco-20230831.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-045610
- JSON: https://secwatch.observer/filing/0000950170-23-045610.json
- Plain text: https://secwatch.observer/filing/0000950170-23-045610.txt

## Key facts
- Earnings Releases
  GENESCO INC reported second fiscal quarter ended July 29, 2023 results: net income adjusted loss from continuing operations was ($9.6) million, EPS Non-GAAP EPS from continuing operations was ($0.85). Guidance reaffirmed.
  - Period: second fiscal quarter ended July 29, 2023
  - Net income: adjusted loss from continuing operations was ($9.6) million
  - EPS: Non-GAAP EPS from continuing operations was ($0.85)
  - Guidance: reaffirmed
  - Result: reported results
  source text: Adjusted for the Excluded Items in all periods, the second quarter loss from continuing operations was ($9.6) million, or ($0.85) per share, in Fiscal 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/18498/000095017023045610/0000950170-23-045610-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.