Tiger Brokers

Genesco FY2026 diluted earnings per share rise to $1.25; net sales increase 4.8% to $2.4 billion

Reuters
Mar 26
Genesco FY2026 diluted earnings per share rise to $1.25; net sales increase 4.8% to $2.4 billion
  • Genesco published its annual report (Form 10-K) reporting net sales of USD 2.4 billion, up 4.8%.
  • Diluted earnings per share from continuing operations were USD 1.25, compared with a diluted loss per share from continuing operations of USD 1.80.
  • Gross margin was USD 1.127 billion, while gross margin rate was 46.3%, down 0.9 percentage points due to increased promotional activity at Schuh and lower margins at Genesco Brands tied to license exits and tariff pressure.
  • Selling and administrative expenses were USD 1.101 billion, with the expense rate improving to 45.2% from 46.4% as cost savings initiatives reduced occupancy costs and selling salaries.
  • Operating cash flow was USD 145.8 million, up 65.9%, reflecting higher cash flow from changes in prepaids and other current assets and improved inventory-related cash flow, partially offset by lower cash flow from accounts payable.


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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-123492), on March 25, 2026, and is solely responsible for the information contained therein.

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