secwatch.observer — SEC 8-K summary
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Issuer:     GENESCO INC (GCO)
CIK:        0000018498
Form:       8-K
Filed at:   2025-06-04T23:59:59+00:00
Accession:  0000950170-25-081392
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Genesco Q1 sales +4% YoY, comparable sales +5%; loss narrows; reiterates FY adj EPS $1.30-$1.70
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- Net sales $474M (+4% YoY); comparable sales +5% with Journeys +8%, Schuh +1%, J&MG -2%.
- GAAP EPS ($2.02) vs ($2.22) last year; Non-GAAP EPS ($2.05) vs ($2.10); operating loss narrowed.
- SG&A leveraged 170 bps; gross margin 46.7% adjusted vs 47.6% prior year.
- FY2026 guidance: adj EPS $1.30-$1.70 reaffirmed; total sales growth raised to +1-2% (prior flat to +1%).
- Repurchased 604,531 shares for $12.6M; ended quarter with 1,256 stores (net -26).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/18498/000095017025081392/0000950170-25-081392-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/18498/000095017025081392/gco-20250604.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-081392

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