earnings
confidence high
sentiment positive
materiality 0.75
Genesco Q1 operating loss $32.1M; reaffirms FY2025 EPS guidance $0.60-$1.00
GENESCO INC
2025-Q1 EPS reported
-$2.23
revenue$457,597,000
- Net sales $458M (-5% YoY); comparable sales -5%; e-commerce +3% to 23% of retail sales.
- GAAP EPS loss ($2.22); Non-GAAP EPS loss ($2.10); adjusted operating loss $30.0M.
- Inventory down 17% YoY; closed 21 stores during quarter; 1,321 total stores.
- Journeys comp sales -5%; Johnston & Murphy -3%; Schuh -7%; Genesco Brands -25%.
- FY2025 outlook reaffirmed: total sales -2% to -3%, adj. EPS $0.60-$1.00.