Genesco Q1 FY27 net loss narrows to $14.81 million; net sales rise 3% to $487 million

Genesco Inc.

Genesco Inc.

GCO

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  • Genesco posted a fiscal 2027 first-quarter net loss of $14.81 million, or ($1.42) a share; operating loss narrowed to $15.38 million.
  • Net sales rose 3% to $487 million; total comparable sales increased 2% with stores up 3% while e-commerce was flat.
  • Gross margin improved 0.3 percentage point to 47%; selling and administrative expenses eased to 52.2% of net sales.
  • Journeys comparable sales climbed 5% while Johnston & Murphy rose 7%; Schuh fell 9%.
  • Raised fiscal 2027 adjusted EPS outlook to $2.00-$2.40; launched a $40 million-$50 million cost-savings program through fiscal 2029.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Genesco Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202605290650BIZWIRE_USPR_____20260528_BW159479) on May 29, 2026, and is solely responsible for the information contained therein.

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