Genesco sees FY26 adjusted EPS ‘at least’ $1.30, consensus $1.89

Genesco (GCO) announced that comparable sales, including both stores and direct sales, increased 9% for the quarter-to-date period ended December 27, 2025. Same store sales increased 10% and comparable sales for the company’s e-commerce businesses increased 9% for that period. “We were very pleased with our holiday performance as compelling assortments and exceptional execution by our teams drove strong conversion and full price selling at Journeys throughout December. Journeys delivered a double-digit comparable increase as sales ramped up in December on top of a double-digit increase last year, reflecting our ability to execute during peak demand periods. Schuh’s top-line results were also above expectations, but sales were fueled by increased discounting as the U.K. footwear market remains highly promotional, and we worked toward cleaner inventories to end the year,” said Mimi Vaughn, Genesco’s Board Chair, President and CEO. “Based on our strong holiday performance, partially offset by additional margin pressure at Schuh over the remainder of the fourth quarter, we now expect full year adjusted earnings to be at least $1.30 per share, a meaningful improvement versus our most recent outlook. With consumer demand increasingly volatile and concentrated around key shopping moments, our focus is on disciplined execution and cost controls as we finish the year. We will provide a comprehensive update on the business, including our outlook for next year, when we report fourth quarter and full-year results.”

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