Genesco Analysts Increase Their Forecasts After Q2 Results

Genesco Inc. (NYSE:GCO) posted better-than-expected second-quarter results but issued FY26 sales guidance below estimates.

Genesco reported quarterly losses of $1.14 per share which beat the analyst consensus estimate of losses of $1.25 per share. The company reported quarterly sales of $545.965 million which beat the analyst consensus estimate of $532.386 million.

Genesco raised its FY2026 sales guidance from $2.348 billion-$2.372 billion to $2.395 billion-$2.418 billion.

Mimi E. Vaughn, Genesco’s Board Chair, President and Chief Executive Officer, said, “We are pleased to report another quarter that exceeded expectations and our fourth consecutive quarter of positive comparable sales growth. The momentum from ...