By Connor Hart

Genesco logged higher profit and sales in its fiscal fourth quarter, boosted by improving trends across its Journeys brand.

The Nashville, Tenn., retailer behind brands including Journeys and Johnston & Murphy on Friday posted a profit of $47.6 million, or $4.44 a share, for its three months ended Jan. 31. That compares with a profit of $34.4 million, or $3.13 a share, a year earlier.

Stripping out one-time items, earnings were $3.74 a share. Analysts polled by FactSet expected adjusted earnings of $3.59 a share.

Sales climbed 7.2% to $799.9 million and topped Wall Street models for $791.1 million. Same-store sales, which account for store openings and closings, were up 9%.

Chief Executive Mimi Vaughn said the company ended the year on a strong note, with its sixth consecutive quarter of comparable sales growth and a meaningful increase in profitability.

The company's Journeys brand drove results, fueled in part by a strong holiday, she said. "Our strategic initiatives around product elevation and customer experience continue to resonate with teens, driving market-share gains and positioning Journeys as the clear destination for style-led footwear," Vaughn said.

Looking ahead, Genesco guided for adjusted earnings of $1.90 to $2.30 a share for the coming year, compared with analyst views for $1.93 a share. Net sales are expected to be down 1% to flat as the company exits licenses and closes stores, but comparable sales are projected to climb 1% to 2%.

Shares rose 9.2% to $28.50 in premarket trading.

Write to Connor Hart at connor.hart@wsj.com

(END) Dow Jones Newswires

March 06, 2026 07:12 ET (12:12 GMT)

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