Genesco Posts 4% Revenue Gain in Q2
(NYSE:GCO), a specialty retailer focused on footwear and accessories, reported Q2 FY2026 results on August 28, 2025. The headline news was a 4% year-over-year increase in GAAP revenue to $546 million, thanks to a notable sales surge at its Journeys banner. Despite outperforming sales expectations and recording its fourth consecutive quarter of positive comparable sales, Genesco’s losses widened over last year as profitability metrics slipped. Non-GAAP earnings per share landed at ($1.14), profit margins fell and the company kept full-year earnings guidance steady—choosing only to raise its sales outlook. Overall, the quarter showed encouraging demand trends for Journeys, but ongoing cost and margin pressures persisted across Genesco’s other businesses.
Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2026 earnings report.
Genesco is a retailer specializing in branded footwear and accessories, with a portfolio of banners that includes Journeys (youth-focused footwear), Schuh (a U.K.-based footwear retailer), Johnston Murphy (premium men’s and women’s footwear and accessories), and Genesco Brands (licensed and branded goods, mostly sold through wholesale channels). The company's primary revenue driver is its large presence in teen and young adult casual footwear, especially through Journeys in North America. It operates both retail stores and digital platforms to reach its customers.
Source Fool.com