Education
About Us
Working with TipRanks
Follow Us
Genesco Inc. (GCO)
NYSE:GCO
Earnings Data
Report Date
Aug 28, 2025TBA Not Confirmed
Period Ending
2026 (Q2)Consensus EPS Forecast
-1.25Last Year’s EPS
-0.83Same Quarter Last Year
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Date:Jun 04, 2025
|% Change Since: -4.97%
|Next Earnings Date:Aug 28, 2025
Earnings Call Sentiment|Neutral
The earnings call reflects a cautiously optimistic outlook. While there are significant positives such as robust sales growth, especially in the Journeys segment, and effective cost management, challenges remain in the form of a choppy consumer environment, tariff uncertainties, and margin pressures. The company is implementing strategic initiatives to navigate these challenges and capitalize on growth opportunities.Company Guidance
During the Genesco First Quarter Fiscal 2026 Conference Call, the company provided guidance that included several metrics. First quarter sales increased by 5%, surpassing expectations and outpacing the industry, with strong performance from Journeys, which saw an 8% comparable sales increase. All channels posted positive growth, with store sales up mid-single digits, online sales up high-single digits, and wholesale channel growth at 5%. Operating expenses leveraged by 170 basis points, and operating income and EPS improved year-over-year, with EPS potentially $0.05 higher without share buybacks. The full-year EPS guidance range was reiterated at $1.30 to $1.70, despite uncertainties like tariffs, which could result in unmitigated cost increases of roughly $15 million. The company plans a strategic approach with mitigation efforts, including accelerating inventory management and diversifying sourcing. Additionally, the company expects second-quarter operations to reflect some challenges, but anticipates leveraging key shopping periods in the second half of the year to drive growth.Strong Sales Growth
First quarter sales growth outpaced the industry with an overall 5% comparable sales increase, led by strong Journeys results with an 8% increase in comps.
Positive Operating Income and EPS Improvement
Operating income and EPS improved year-over-year due to higher sales and better expense management. Operating expense leveraged 170 basis points.
Journeys Transformation Success
New leadership and strategic growth plans led to a significant improvement in Journeys' performance, with a focus on product assortment and premium athletic brands.
Effective Cost Management
SG&A expense was 52.5% of sales, 170 basis points better than the prior year, driven by reduced occupancy and bonus expenses, along with cost savings initiatives.
Store Optimization and Remodel Success
The new 4.0 store design delivered strong results with a sales lift of more than 25%, and 39 stores have been remodeled since the program started.
GCO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
GCO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jun 04, 2025 | $22.35 | $22.29 | -0.27% |
Mar 07, 2025 | $32.40 | $27.11 | -16.33% |
Dec 06, 2024 | $37.41 | $40.95 | +9.46% |
Sep 06, 2024 | $29.50 | $25.97 | -11.97% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Genesco Inc. (GCO) report earnings?
Genesco Inc. (GCO) is schdueled to report earning on Aug 28, 2025, TBA Not Confirmed.
What is Genesco Inc. (GCO) earnings time?
Genesco Inc. (GCO) earnings time is at Aug 28, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is GCO EPS forecast?
GCO EPS forecast for the fiscal quarter 2026 (Q2) is -1.25.
