Genesco Narrows Q1 Loss, Sticks to Full-Year Profi…

From Financial Modeling Prep: 2025-06-04 16:10:00

Genesco (NYSE:GCO) reported a better-than-expected first quarter loss and saw a 4% increase in revenue to $474 million, with a 5% rise in comparable sales. The Journeys brand led the way with an 8% sales increase, while e-commerce sales grew by 7% and made up 25% of total retail sales.

Despite ongoing tariff pressures, Genesco reaffirmed its full-year adjusted EPS guidance of $1.30 to $1.70 and slightly raised its sales outlook to 1% to 2% growth. The market responded positively, with shares of Genesco jumping over 15% intra-day following the earnings report.



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