Every 10-Q that Genesco (GCO) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow GCO and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full GCO filings page.
Genesco Inc. reported a smaller quarterly loss on modest sales growth. Net sales for the first quarter of Fiscal 2027 rose 2.8% to $487.0 million, driven by a 2% increase in comparable sales and stronger performance at Journeys and Johnston & Murphy, partly offset by weakness at Schuh.
Gross margin increased to $228.9 million, or 47.0% of sales, helped by lower promotions and more efficient shipping and warehouse costs. Selling and administrative expenses grew to $254.4 million but fell as a percentage of sales to 52.2% due to cost savings and lower occupancy and freight costs.
Operating margin improved to (3.2)% from (5.9)%, and loss from continuing operations before income taxes narrowed to $15.9 million from $29.7 million. Net loss was $14.8 million, or $1.42 per diluted share, compared with $2.02 per share a year earlier. Results included a $13.4 million gain from payment card interchange fee litigation and restructuring and IT transformation charges.
Cash used in operating activities was $102.8 million, mainly reflecting higher inventories. Long-term debt rose to $45.3 million, while cash and equivalents fell to $27.1 million. Genesco expects tariff refunds of approximately $23–$25 million related to IEEPA duties and reported an effective tax rate of 6.8%, influenced by new U.S. tax legislation.
Genesco Inc. reports modest top-line growth with improved profitability in its latest quarter. Net sales for the third quarter of Fiscal 2026 rose 3.3% to $616.2 million, driven by a 3% comparable sales increase and strong back-to-school performance at Journeys. Journeys Group sales grew 3.9% with operating margin improving to 5.5%, while Schuh and Johnston & Murphy faced softer comparable sales and margin pressure from promotions and tariffs. Net earnings from continuing operations were $5.4 million (diluted EPS $0.50), compared with a net loss of $18.9 million (diluted loss per share $1.76) a year earlier, helped by a more normal tax rate. For the first nine months, net sales increased to $1.64 billion and the net loss narrowed to $34.3 million from $53.3 million, as cost controls, store optimization and a U.S. tax refund partially offset margin headwinds.
Genesco Inc. reported selected interim disclosures showing operational and cash-flow details for the first six months of Fiscal 2026. At August 2, 2025 the company operated 1,253 retail stores across the U.S., Puerto Rico, Canada, the U.K. and the Republic of Ireland. The company disclosed a materially lower effective income tax rate early in the year: an effective rate of 13.2% for the first six months versus 28.5% reported in the first quarter before enactment of the OBBBA, and a (15.0%) rate in the second quarter reflecting a reversal of income tax benefit recorded in the first quarter. Liquidity under its credit facility remained available with $268.6 million of excess availability at August 2, 2025, and the company stated it was in compliance with relevant facility terms. Cash-flow movements included a $65.2 million increase related to prepaids and other current assets mainly from a $58.3 million income tax refund receivable, a $48.5 million decrease from accounts payable changes tied to rent timing and buying patterns, and a $14.5 million decrease from higher payments of Fiscal 2025 performance-based compensation accruals.