Genesco Q2 revenue falls slightly less than expected
GCO•Outlook
- Genesco raises FY27 adj EPS outlook to high end of $2.00-$2.40 range
- Company now expects FY27 comparable sales to be flat, versus prior view of up 1%-2%
- Genesco sees FY27 total sales down about 2%, versus prior guidance of flat to down 1%
- Operating income for FY27 expected at high end of $34 mln to $40 mln range
Overview
- U.S. footwear retailer's Q2 revenue fell 3% but slightly beat analyst expectations
- Adjusted loss per share for Q2 was better than analyst expectations
- Company raised full-year adjusted EPS guidance to high end of prior range
Key Details
| Metric | Beat/Miss | Actual | Consensus Estimate |
|---|---|---|---|
| Q2 Revenue | Slight Beat* | $530 mln | $527.98 mln (4 Analysts) |
| Q2 Adjusted Loss Per Share | Beat | $0.83 | $1.37 (4 Analysts) |
| Q2 EPS | $0.32 | ||
| Q2 Gross Margin | 51.40% | ||
| Q2 Adjusted Operating Margin | -1.60% | ||
| Q2 Like-For-Like Growth | -1.00% | ||
| Q2 Operating Income | $3.60 mln |
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
