Genesco (GCO) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date

Aug 27, 2026

Before Open (Confirmed)

Period Ending

2027 (Q2)

Consensus EPS Forecast

-1.37

Last Year’s EPS

-1.14

Same Quarter Last Year

Analyst Consensus

Moderate Buy

Based on 3 Analysts Ratings

Earnings Call Summary

Q1 2027

Earnings Call Date:May 29, 2026|

% Change Since:

Earnings Call Sentiment|Positive

The call highlighted clear operational progress: revenue growth, mid-single-digit comps at Journeys, a strong +7% quarter at Johnston & Murphy, gross margin expansion (up 30 bps), SG&A leverage and an upgraded full-year EPS and operating income outlook. Management also announced a sizable cost program and expects meaningful tariff refunds. Offsetting these positives are a continued adjusted operating loss, a pronounced Schuh banner decline (comp -9%) with a cautious U.K. outlook, multi-quarter license-exit headwinds (Levi’s), and a pressured Q2 with sales expected down 3%–4%. On balance, the operational momentum, raised guidance and structural cost initiatives outweigh the near-term headwinds, but the path to sustained profitability still depends on Schuh recovery, execution of cost savings, and macro stability.

Company Guidance

Genesco raised its fiscal 2027 outlook, tightening full‑year EPS to $2.00–$2.40 (up from prior guidance), with comparable sales estimated at ~1%–2% and total sales expected to be down 1% to flat (reflecting ~$30M of store‑closure sales loss and ~$30M of lost license revenue), adjusted operating income now forecast at approximately $34M–$40M (middle of the range most likely), gross margin up ~50–60 basis points, SG&A roughly flat to ~20 bps of deleverage (versus prior 10–30 bps deleverage), an assumed annual incremental tariff rate of 15% (tariff refund of ~$23M–$25M has been filed but is excluded from outlook), no incremental share repurchases (fiscal '27 average share count ~10.9M), and a full‑year tax rate of ~30% (with lower quarter‑to‑quarter rates — ~7%–8% in Q1–Q3 and a Q4 true‑up). For Q2 specifically they expect comps flat to slightly down, total sales down ~3%–4%, gross margin up ~50–70 bps, SG&A deleverage of ~60–80 bps, an operating loss in line with to slightly worse than last year and EPS about $0.20–$0.30 lower (Q2 called the most pressured quarter), with improvement weighted to the back half of the year (especially Q4).

Revenue Growth and Comparable Sales

Total revenue rose 3% year-over-year to $487 million in Q1, driven by overall comparable sales growth of 2% (store comps +3%, direct comps flat).

Strong Brand and Banner Performance

Johnston & Murphy comps accelerated +7% and Journeys comps increased +5% (on top of an 8% increase last year), with Journeys e-commerce posting double-digit gains and J&M new-customer growth up double digits following marketing initiatives.

Gross Margin and Expense Leverage

Adjusted gross margin improved to 47%, up 30 basis points versus prior year, while adjusted SG&A leveraged ~60 basis points to 51.9% of sales, driven by occupancy, selling salary savings and other cost initiatives.

Operating Income Improvement and Updated Guidance

Adjusted operating loss improved by $4 million to a loss of $23.9 million (from $27.9 million prior year). Management raised full-year EPS guidance to $2.00–$2.40 and increased adjusted operating income guidance to ~$34M–$40M (from prior $32M–$38M).

Journeys 4.0 Store Rollout and Productivity Gains

Opened 21 new Journeys 4.0 stores in the quarter (105 completed to date), with 4.0 stores delivering in excess of a 25% sales lift; company reported a trailing 12-month sales per square foot gain of 9%.

Capital Allocation Discipline and Balance Sheet

Quarter-end inventory described as 'clean' and up 6% (primarily to support Journeys); capital expenditures were $15 million focused on Journeys 4.0 remodels; $29.8 million remains under share repurchase authorization after prior buybacks.

Tariff Relief Opportunity

Management expects IEEPA tariff refunds of approximately $23M–$25M (filed but not included in Q1 financials or outlook), which would apply primarily to the branded/imported side (~20% of sales).

Structural Cost Program Announced

Announced a $40M–$50M multi-year cost reduction program through FY'29 targeting IT transformation, automation/robotics, selling-hour optimization, rent and procurement efficiencies and marketing spend optimization.

Genesco (GCO) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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GCO Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 27, 2026	2027 (Q2)	-1.37 / -	-1.14	―	―	―
May 29, 2026	2027 (Q1)	-2.57 / -2.18	-2.05	-6.34% (-0.13)
Mar 06, 2026	2026 (Q4)	3.58 / 3.74	3.26	14.72% (+0.48)
Dec 04, 2025	2026 (Q3)	0.83 / 0.79	0.61	29.51% (+0.18)
Aug 28, 2025	2026 (Q2)	-1.25 / -1.14	-0.83	-37.35% (-0.31)
Jun 04, 2025	2026 (Q1)	-2.09 / -2.05	-2.1	2.38% (+0.05)
Mar 07, 2025	2025 (Q4)	3.31 / 3.26	2.59	25.87% (+0.67)
Dec 06, 2024	2025 (Q3)	0.29 / 0.61	0.57	7.02% (+0.04)
Sep 06, 2024	2025 (Q2)	-1.11 / -0.83	-0.85	2.35% (+0.02)
May 31, 2024	2025 (Q1)	-2.66 / -2.10	-1.59	-32.08% (-0.51)

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
May 29, 2026	$36.38	$38.37	+5.47%
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%

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.