Genesco Q2 FY27 EPS returns to profit at $0.32; net sales fall 3% to $530 million

• Genesco posted GAAP net earnings of USD 3.48 million, swinging from a year-ago GAAP loss; GAAP EPS was USD 0.32.
• Net sales fell 3% to USD 530 million from a year earlier; comparable sales slipped 1% with stores up 1% and e-commerce down 6%.
• Gross margin rose 560 basis points to 51.4% on tariff refunds; operating income turned positive at USD 3.6 million.
• Journeys comparable sales increased 2% for an eighth straight quarter of positive total comps; Johnston & Murphy comps rose 4%.
• Adjusted EPS guidance was lifted to the high end of USD 2.00 to USD 2.40; comparable sales outlook cut to flat, implying total sales down about 2%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Genesco Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202609030650BIZWIRE_USPR_____20260902_BW447213) on September 03, 2026, and is solely responsible for the information contained therein.