earnings
confidence high
sentiment positive
materiality 0.70
Genesco beats Q3 expectations; raises FY2025 adjusted EPS guidance to $0.80-$1.00
GENESCO INC
2025-Q3 EPS
reported -$4.90
vs consensus -$1.26
▼ miss
(-289.2%)
- Net sales $596M (+3% YoY); comparable sales +6% driven by Journeys +11% comp.
- GAAP EPS ($1.76) includes $26.3M US valuation allowance; Non-GAAP EPS $0.61 vs $0.57 prior year.
- Raises FY2025 adjusted EPS guidance to $0.80-$1.00 (from $0.60-$1.00); sales guidance raised to down 1%-flat.
- Gross margin 47.8% (-30bps) on product mix; adjusted operating margin 1.7% (down from 1.9% last year).
- E-commerce sales 24% of retail (vs 21% last year); store count 1,302; closed 14 stores in quarter.