NYSE$GCO

Genesco Inc · Q3 2026 earnings

Q3 2026 earnings · · Before market open · Investor relations

Briefing

Genesco reported third quarter fiscal 2026 results, with top and bottom-line growth in line with the lower end of expectations, driven by strong comparable sales increases at Journeys Group.

Genesco Inc. delivered its fifth consecutive quarter of positive comparable sales growth in Q3 FY26, with net sales increasing 3% to $616 million. Diluted EPS was $0.51, and Non-GAAP EPS was $0.79. The Journeys Group showed strong double-digit comparable sales growth, reinforcing its position in the footwear market, despite a pullback in consumer spending in the latter half of the quarter.

  • Net sales increased 3% to $616 million compared to Q3 FY25.
  • Comparable sales increased 3%, with stores up 5% and e-commerce representing 23% of retail sales.
  • GAAP diluted EPS was $0.51, and Non-GAAP diluted EPS was $0.79.
  • Journeys Group delivered strong double-digit comparable sales growth during the back-to-school season.

Headline financials

Total Revenue

$616M

Previous: $596M+3.3%
EPS

$0.50

Previous: -$1.76+128.4%
Gross Margin

46.8%

Previous: 47.8%-2.1%
Operating Margin

1.4%

Previous: 1.7%-17.6%
Comparable Sales Growth

3.0%

Previous: 6.0%-50.0%
Store Comparable Sales

5.0%

Previous: 4.0%+25.0%
E-commerce Comparable Sales

-3.0%

Previous: 15.0%-120.0%
E-commerce Penetration

23.0%

No prior period
Capital Expenditures

-$52.2M

Previous: -$27.4M-90.5%
Free Cash Flow

-$46.8M

Previous: -$46.3M-1.1%
Net Income

$5.36M

Previous: -$18.9M+128.3%
Operating Income

$8.58M

Previous: $10.2M-16.0%
Gross Profit

$289M

Previous: $285M+1.2%
Cash & Equivalents

$27M

Previous: $33.6M-19.5%
Total Assets

$1.47B

Previous: $1.44B+2.5%

Revenue & EPS history

Genesco · Revenue · Quarterly

$616M

Q3 2026+3.3%vs Q3 2025
Beat estimate in 11 of 14 quarters(79%)
ActualEstimate

Revenue by segment

Genesco · $549M total across 3 segments · Q3 2024

  • Journeys Group
    $349M-8.2%
  • Schuh Group
    $118M+12.7%
  • Johnston & Murphy Group
    $81.4M+2.3%

Forward guidance

For Fiscal 2026, Genesco Inc. has revised its outlook, now expecting total sales to be up about 2% and adjusted diluted earnings per share to be around $0.95, reflecting a more cautious view on sales and margin pressure at Schuh.

Tailwinds

  • Anticipates continued top and bottom-line growth compared to Fiscal 2025.
  • Journeys Group's strategic plan is expected to drive improved performance.
  • Footwear-focused strategy is projected to fuel top-line growth.
  • Accelerating profitability is expected over the near- and long-term.
  • Sales trends improved during the Black Friday / Cyber Monday period, indicating a positive start to Q4.

Headwinds

  • Total sales guidance revised down to up about 2% from 3%-4%.
  • Comparable sales guidance revised down to up about 3% from 4%-5%.
  • Adjusted diluted EPS guidance lowered to around $0.95 from $1.30-$1.70.
  • Material changes in sales and margin projections for Schuh due to difficult U.K. market conditions.
  • Moderated growth assumptions for other businesses due to lower footwear consumer traffic and spending patterns.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2026

Historical avgQ3 2026

-2.8%

Avg return

Earnings day

-6.1%

Avg return

5 days after

-5.5%

Avg return

30 days after

40%

26 / 65 earnings

Positive

+38.1%

Q3 2020

Best reaction

-35.5%

Q1 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026+1.6%-1.2%+8.8%
Q3 2026-30.6%-33.6%-29.8%
Q2 2026-6.7%-2.7%-8.3%
Q1 2026+0.2%+1.6%-0.4%
Q4 2025-16.3%-34.5%-44.4%
Q3 2025+11.4%+17.6%+14.1%
Q2 2025-12.6%-16.9%-4.4%
Q1 2025+7.6%+2.7%-5.3%
Q4 2024-13.5%-10.3%-10.3%
Q3 2024-12.8%-21.1%-5.8%
Q2 2024+15.1%+7.0%+5.7%
Q1 2024-35.5%-38.3%-19.6%
Q4 2023-12.4%-23.6%-24.3%
Q3 2023-9.7%-5.1%-4.9%
Q2 2023-24.0%-21.7%-30.5%
Q1 2023+7.6%+2.5%+3.1%
Q4 2022+7.8%+6.6%+2.5%
Q3 2022-0.2%+1.5%+0.6%
Q2 2022-9.2%-11.5%-4.8%
Q1 2022-5.7%-0.4%+9.1%
Q4 2021-1.5%-8.6%-4.3%
Q3 2021+1.7%+7.1%-2.1%
Q2 2021-1.7%-4.8%+3.9%
Q1 2021-14.9%-21.2%-37.4%
Q4 2020-8.3%-38.8%-19.7%
Q3 2020+38.1%+31.9%+28.6%
Q2 2020+15.6%+22.1%+6.1%
Q1 2020+15.0%+7.6%+5.0%
Q4 2019-9.9%-9.3%-6.5%
Q3 2019+2.4%-0.4%+10.7%
Q2 2019+1.8%+0.3%-5.3%
Q1 2019-11.3%-8.8%-10.7%
Q4 2018-1.6%-2.3%+5.1%
Q3 2018-11.3%-7.7%+4.5%
Q2 2018-9.0%-7.5%+4.3%
Q1 2018-17.5%-16.6%-26.2%
Q4 2017+3.9%+4.1%-9.0%
Q3 2017+10.4%+12.1%-1.8%
Q2 2017-32.5%-32.9%-25.0%
Q1 2017+11.1%+9.7%+10.4%
Q4 2016-2.6%
Q3 2016+10.1%
Q2 2016+5.3%
Q1 2016-3.7%
Q4 2015-7.7%
Q3 2015-11.6%
Q2 2015-10.6%
Q1 2015+4.1%
Q4 2014+4.2%
Q3 2014-2.7%
Q2 2014-11.3%
Q1 2014-1.8%
Q4 2013-1.0%
Q3 2013-10.4%
Q2 2013-1.0%
Q1 2012-2.2%
Q1 2013+1.2%
Q4 2012+6.1%
Q4 2010+6.1%
Q3 2011+2.4%
Q3 2012+2.4%
Q2 2012-1.3%
Q2 2011-1.3%
Q4 2011-1.3%
Q1 2011+7.1%

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