Genesco Q1 2025 Earnings Report
Key Takeaways
Genesco Inc. reported a 5% decrease in net sales to $458 million for the first quarter of fiscal 2025. GAAP EPS was ($2.22) and Non-GAAP EPS was ($2.10). The company reaffirms its fiscal 2025 sales and EPS outlook.
Total net sales decreased by 5%, with comparable sales also down by 5%.
E-commerce sales increased by 3% and represented 23% of retail sales.
GAAP EPS was ($2.22) and Non-GAAP EPS was ($2.10).
Inventory decreased 17% year-over-year.
Genesco
Genesco
Genesco Revenue by Segment
Forward Guidance
The Company continues to expect total sales to decrease 2% to 3% compared to Fiscal 2024, or down 1% to 2% excluding the 53rd week in Fiscal 2024. Continues to expect adjusted diluted earnings per share from continuing operations in the range of $0.60 to $1.00.
Revenue & Expenses
Visualization of income flow from segment revenue to net income