Genesco Q2 2025 Earnings Report
Key Takeaways
Genesco Inc. reported a total net sales increase to $525 million, with comparable sales decreasing by 2%. E-commerce sales represented 22% of retail sales. GAAP EPS was ($0.91), and Non-GAAP EPS was ($0.83).
Total net sales increased to $525 million; comparable sales decreased 2%.
Comparable e-commerce sales increased 8%; comparable store sales decreased 4%.
E-commerce sales represented 22% of retail sales compared to 21% last year.
GAAP EPS was ($0.91) and Non-GAAP EPS was ($0.83).
Genesco
Genesco
Genesco Revenue by Segment
Forward Guidance
Genesco expects total sales to decrease 1% to 2% compared to Fiscal 2024, or flat to down 1% excluding the 53rd week in Fiscal 2024 versus prior expectations for a total sales decrease of 2% to 3%, 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.
Positive Outlook
- Total sales decrease 1% to 2% compared to Fiscal 2024
- Sales flat to down 1% excluding the 53rd week in Fiscal 2024
- Adjusted diluted earnings per share from continuing operations in the range of $0.60 to $1.00
- Cost savings program remains on track to achieve a reduction in the annualized run rate of $45 to $50 million by the end of Fiscal 2025
Revenue & Expenses
Visualization of income flow from segment revenue to net income