American retailer Genesco raises FY26 sales outlook to 1–2% growth
Genesco expects FY26 sales to rise 1–2 per cent, up from its prior flat to 1 per cent forecast. In Q1 FY26, net sales grew 4 per cent to $474 million, driven by 5 per cent comparable sales growth. Journeys, Schuh, and Genesco Brands saw gains, offsetting a decline at Johnston & Murphy. The company reaffirmed its full-year EPS guidance of $1.30–$1.70 despite tariff-related uncertainty.
Genesco expects FY26 sales to rise 1–2 per cent, up from its prior flat to 1 per cent forecast.
In Q1 FY26, net sales grew 4 per cent to $474 million, driven by 5 per cent comparable sales growth.
Journeys, Schuh, and Genesco Brands saw gains, offsetting a decline at Johnston & Murphy.
The company reaffirmed its full-year EPS guidance of $1.30–$1.70 despite tariff-related uncertainty.
