Genesco experiences greater This autumn gross sales and revenue on Journeys progress

US-based footwear retailer Genesco reported greater fourth-quarter (This autumn) gross sales and revenue for the interval ended 31 January 2026, supported by stronger comparable gross sales and efficiency at Journeys and Schuh banners.

Fourth-quarter internet gross sales rose 7% to $799.9m in fiscal 2026.

Internet earnings elevated to $47.6m from $34.3m a 12 months earlier whereas diluted earnings per share (EPS) rose to $4.43 from $3.06.

Working revenue grew 11% to $51.3m.

The rise in income mirrored a 9% rise in comparable gross sales, together with a 9% acquire in same-store gross sales and an 8% improve in e-commerce comparable gross sales, alongside beneficial international trade results.

Decreased wholesale gross sales and the affect of internet retailer closures partly offset the expansion.

Journeys gross sales elevated 10% within the quarter whereas Schuh posted a 9% rise and Johnston & Murphy recorded a 2% acquire.

These good points have been partly offset by a 27% decline, or $10m, at Genesco Manufacturers. On a relentless forex foundation, Schuh gross sales elevated 3%.

E-commerce represented 31% of retail gross sales, in contrast with 30% a 12 months earlier.

Through the quarter, the corporate opened six shops and closed 15, ending with 1,236 shops versus 1,278 within the prior 12 months.

For fiscal 2026, internet gross sales elevated 5% to $2.43bn, whereas comparable gross sales rose 6%.

The corporate reported internet earnings of $13.3m, in contrast with a internet lack of $18.8m in fiscal 2025, with working revenue rising 24% to $17.3m.

Genesco board chair, president and CEO Mimi E Vaughn mentioned: “Journeys as soon as once more led the best way with double-digit comp progress on high of double digits final 12 months, fuelled by an distinctive vacation efficiency.

“On the identical time, Johnston & Murphy’s comparable gross sales improved in every successive month whereas Schuh navigated a promotional UK atmosphere and exited the 12 months with clear inventories.”

For fiscal 2027, Genesco expects comparable gross sales progress of 1% to 2%, with complete gross sales projected to vary from down 1% to flat year-on-year.

Adjusted diluted earnings per share are forecast at $1.90 to $2.30.

“Genesco experiences greater This autumn gross sales and revenue on Journeys progress” was initially created and revealed by Retail Perception Community, a GlobalData owned model.

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