Genesco Q4 Net Sales Rise 7% to $799.9M, EPS Hits $4.43
Genesco's Q4 net sales rose 7% to $799.9m, boosting operating income 11% to $51.3m while net earnings climbed to $47.6m versus $34.3m year-ago and EPS reached $4.43. Comparable sales grew 9% driven by 10% Journeys and 9% Schuh gains offset partly by a $10m Genesco Brands decline, and the company opened six stores while closing 15.
1. Q4 Financial Performance
Genesco's Q4 net sales increased 7% to $799.9m, with net earnings rising to $47.6m from $34.3m and EPS at $4.43 versus $3.06. Operating income grew 11% to $51.3m, supported by a 9% lift in comparable sales across both brick-and-mortar and e-commerce channels.
2. Segment Results
Journeys led segment performance with a 10% sales gain while Schuh advanced 9% (3% on a constant-currency basis) and Johnston & Murphy added 2%. These gains were partly offset by a 27% decline at Genesco Brands, equating to a $10m revenue shortfall.
3. Fiscal 2027 Outlook
During Q4 the company opened six stores and closed 15, ending with 1,236 locations. For fiscal 2027, Genesco projects comparable sales growth of 1%–2%, total sales flat to down 1%, and adjusted EPS of $1.90 to $2.30.