Genesco posted adjusted fourth-quarter EPS of $3.74, outperforming the $3.58 consensus, while revenue increased 7% year-over-year to $799.941 million, above the $790.525 million estimate. Comparable sales rose 9%, with store sales up 9% and online sales up 8%, representing 31% of total retail sales.

Journeys led the portfolio with a 10% sales increase, followed by Schuh at 9% and Johnston & Murphy at 2%. These gains were partly offset by a 27% decline, or $10 million drop, in the Genesco Brands segment due to license exits and channel mix shifts.

Adjusted gross margin dipped to 46.0% from 46.9% a year earlier, reflecting higher promotional activity at Schuh and tariff pressures. Cash climbed to $105.4 million from $34.0 million last year, while total debt stood at $3.4 million at quarter end.

Genesco forecasts adjusted EPS of $1.90 to $2.30 versus a $2.04 estimate and GAAP EPS of $2.12 to $2.55 above the $1.89 estimate. It projects full-year sales of $2.412 billion to $2.436 billion, with comparable sales up 1% to 2%, offsetting about $60 million in lost revenue from license exits and store closures.