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Feb 01

Genesco Q4 2025 Earnings Report

Genesco reported higher Q4 2025 net sales and improved profitability, with strong growth in comparable store and e-commerce sales.

Key Takeaways

Genesco Inc. reported Q4 FY25 net sales of $746 million, a 1% increase despite an unfavorable 53-week calendar shift. Comparable sales grew by 10%, led by a 14% increase at Journeys. Operating income increased by 24% to $46.1 million, while GAAP EPS rose to $3.06 from $1.84 last year. Non-GAAP EPS improved to $3.26, reflecting stronger margins and cost efficiencies.

Q4 2025 revenue was $746 million, up 1% despite a 53-week calendar shift.

Comparable sales rose 10%, with e-commerce up 18% and store sales up 6%.

Operating income increased 24% year-over-year to $46.1 million.

Non-GAAP EPS grew 26% to $3.26, driven by improved margins and lower expenses.

Total Revenue
$746M
Previous year: $739M
+0.9%
EPS
$3.26
Previous year: $2.59
+25.9%
Gross Margin
46.9%
Previous year: 46.3%
+1.3%
Direct-to-consumer sales
30%
Previous year: 27%
+11.1%
Operating Margin
6.2%
Gross Profit
$350M
Previous year: $342M
+2.2%
Cash and Equivalents
$34M
Previous year: $35.2M
-3.3%
Total Assets
$1.34B
Previous year: $1.33B
+0.4%

Genesco

Genesco

Genesco Revenue by Segment

Forward Guidance

Genesco expects flat to 1% revenue growth in FY26, with continued focus on cost efficiency and digital expansion. Adjusted diluted EPS is projected between $1.30 and $1.70.

Positive Outlook

  • Journeys' growth strategy is expected to drive further sales momentum.
  • E-commerce strength continues with further digital investments planned.
  • Cost savings program achieved the higher end of its $45M-$50M target range.
  • Retail fleet optimization is expected to improve store productivity.
  • Improved profitability expected as margin initiatives take effect.

Challenges Ahead

  • Foreign exchange headwinds expected to impact revenue by $14 million.
  • Store closures could reduce total sales by approximately $30 million.
  • Higher performance-based incentive costs may increase expenses.
  • Potential market volatility could affect discretionary spending patterns.
  • Some sales softness expected at Schuh and Johnston & Murphy segments.

Revenue & Expenses

Visualization of income flow from segment revenue to net income