Genesco (GCO) reported Q4 FY2026 net sales of USD 800 million, up 7.0%, with comparable sales up 9.0% (stores +9.0%, e-commerce +8.0%); e-commerce represented 31% of retail sales. Q4 FY2026 GAAP diluted EPS was USD 4.43 and non-GAAP diluted EPS was USD 3.74. Gross margin was 45.9% and selling and administrative expenses were 39.1% of sales; operating income was USD 51.3 million. For FY2026, Genesco reported net sales of USD 2.4 billion, up 5.0%, and comparable sales up 6.0% (stores +6.0%, e-commerce +4.0%); e-commerce represented 25% of retail sales. FY2026 GAAP diluted EPS was USD 1.25 and non-GAAP diluted EPS was USD 1.45, with operating income of USD 17.3 million. Cash was USD 105.4 million at year-end and total debt was USD 3.4 million; inventories rose 2.0%. The company ended Q4 with 1,236 stores after opening six and closing 15 during the quarter, and repurchased USD 12.6 million of shares in FY2026 (no Q4 repurchases), with USD 29.8 million remaining under its authorization. Management said Journeys delivered double-digit comparable sales growth in Q4 (Journeys Group comps +12%), Johnston & Murphy improved sequentially through the quarter (comps +2%), and Schuh operated in a promotional U.K. environment (comps +3%). For FY2027, Genesco expects comparable sales growth of 1% to 2% and adjusted diluted EPS from continuing operations of USD 1.90 to USD 2.30, with total sales expected to be down 1% to flat, including an expected USD 30 million reduction from license exits and about USD 30 million from net store closures.

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