Genesco reports Q2 adjusted EPS ($1.14), consensus ($1.25)

Reports Q2 revenue $546M, consensus $532.39M. Comparable sales increased 4%, with stores up 5% and e-commerce up 1%. Mimi Vaughn, Genesco’s (GCO) Board Chair, President and Chief Executive Officer, said, “We are pleased to report another quarter that exceeded expectations and our fourth consecutive quarter of positive comparable sales growth. The momentum from the second half of last year has continued in Fiscal 2026 highlighted by Journeys high-single digit comp increase as our strategic plan to accelerate growth continues to gain traction. Our focus on product elevation, enhanced customer experience, and strengthened brand positioning is resonating with our broader target teen customer base, as we outperform the market and drive increased share.” Vaughn continued, “Back to school is off to a very good start in the third quarter with Journeys comping nicely positive on the positive comps for the same period last year. While near-term uncertainty around tariff rates and consumer demand remains elevated, we are encouraged by our recent performance as we prepare for the start of the upcoming holiday season. I am confident in our ability to navigate the current environment and build on our momentum.”