earnings
confidence high
sentiment positive
materiality 0.70
Genesco Q2 net sales $525M, non-GAAP EPS ($0.83) vs ($0.85) YoY; reaffirms FY EPS $0.60-$1.00
GENESCO INC
2025-Q2 EPS reported
-$3.14
revenue$982,785,000
- GAAP operating loss $10.3M (2.0% of sales) vs $38.6M loss last year; adjusted operating loss $9.3M.
- Comparable sales down 2% overall; Journeys comps improved to -1% from -11% YoY; e-com comps +8%.
- Inventory decreased 8% YoY; repurchased $9.3M in stock ($42.8M remaining on authorization).
- FY2025 sales outlook narrowed to down 1-2% (excluding 53rd week flat to down 1%); adjusted EPS reaffirmed $0.60-$1.00.
- Journeys momentum cited as key driver; store closure plan on track for up to 50 closings in FY2025.