Genesco (GCO) Tops Q2 EPS by 32c, Beats on Revenue

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Genesco Inc. Reports Fiscal 2025 Second Quarter Results

September 6, 2024 6:50 AM EDT

Financial Performance Exceeds Expectations, Driven by Journeys

Reaffirms Fiscal 2025 EPS Outlook

NASHVILLE, Tenn.--(BUSINESS WIRE)-- Genesco Inc. (NYSE: GCO) today reported second quarter results for the three months ended August 3, 2024.

Second Quarter Fiscal 2025 Financial Summary

Total net sales increased to $525 million; comparable sales decreased 2% Comparable e-commerce sales increased 8%; comparable store sales decreased 4% E-commerce sales represented 22% of retail sales compared to 21% last year GAAP EPS was ($0.91) and Non-GAAP EPS was ($0.83)1 Inventory decreased 8% year-over-year Repurchased $9.3... More