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Genesco Inc. (GCO)
NYSE:GCO
Earnings Data
Report Date
May 21, 2026Before Open (Confirmed)
Period Ending
2027 (Q1)Consensus EPS Forecast
-2.47Last Year’s EPS
-2.05Same Quarter Last Year
Moderate Buy
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a mix of clear operational wins and near-term headwinds. Highlights include a strong Q4 showing (Q4 revenue +7%, comps +9%), significant outperformance at Journeys (12% comp, 4.0 stores comping 25%+), improved adjusted operating income (+17% Q4) and EPS (Q4 EPS $3.74), solid free cash flow generation and a positive net cash position. Offsetting these positives are pronounced margin pressure driven largely by Schuh’s heavy promotional environment and license exit impacts, ongoing tariff headwinds (estimated $5–10M net FY2027 impact), and expected flat-to-down full-year sales as closures and license wind-downs reduce top line. Management provided clear remediation plans (Schuh promotional reset, continued 4.0 rollouts, cost actions) and a FY2027 earnings outlook that anticipates improved operating profit and EPS despite flat sales. Overall, the positives around execution, cash flow, Journeys momentum and guidance modestly outweigh the domestic and international margin and transition challenges, though risks and near-term volatility remain.Company Guidance
Quarterly Revenue and Comparable Sales Strength
Q4 revenue of $800 million, up 7% year-over-year; total comparable sales increased 9% (stores +9%, direct +8%), the strongest quarterly comp performance of the year across both channels.
Journeys Outperformance
Journeys led the quarter with comps up 12% (building on 14% in Q4 last year); 4.0 store format driving 25%+ comp lift; Journeys expected to deliver low-single-digit comp growth in fiscal 2027 and remain the primary growth engine.
Profitability and EPS Improvement
Adjusted operating income for Q4 was $56 million, up 17% from $48 million a year ago; adjusted diluted EPS for Q4 was $3.74 vs $3.26 (+$0.48). Full-year adjusted diluted EPS was $1.45 versus $0.94 the prior year.
SG&A Leverage and Margin Discipline Actions
SG&A decreased to 39.1% of sales, leveraging 140 basis points year-over-year through store optimization, rent reductions, selling salary efficiencies, freight negotiations and procurement savings despite increased marketing and incentive accruals.
Cash Generation and Balance Sheet Position
Generated $164 million of free cash flow in Q4 and nearly $84 million for the full year; ended the year with a positive net cash position; $29.8 million remaining under share repurchase authorization.
Omnichannel and Customer Metrics
Digital reaccelerated during peak weeks; Journeys grew total customers in December and January and achieved market share gains; Schuh e-commerce penetration exceeded 50% of sales in Q4 (reflecting promotional online behavior).
Strategic Retail Execution and Store Productivity
Opened/executed 84 Journeys 4.0 stores during the year; plan to add ~80 more (targeting ~20% of fleet converted to 4.0 by year-end); store optimization closed 42 net stores year-over-year (~3% of fleet), which was accretive to operating income with some sales transfer observed.
Fiscal 2027 Profitability Guidance
Company expects FY2027 adjusted operating income of $32 million to $38 million and adjusted EPS of $1.90 to $2.30, with gross margin expected to improve ~50–60 basis points driven by Schuh margin recovery and lapping license exit impacts.
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 |
|---|---|---|---|
Mar 06, 2026 | $26.09 | $26.50 | +1.57% |
Dec 04, 2025 | $35.25 | $24.38 | -30.84% |
Aug 28, 2025 | $32.99 | $31.04 | -5.91% |
Jun 04, 2025 | $22.35 | $22.29 | -0.27% |
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 May 21, 2026, Before Open (Confirmed).
What is Genesco Inc. (GCO) earnings time?
Genesco Inc. (GCO) earnings time is at May 21, 2026, Before Open (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 2027 (Q1) is -2.47.
