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Article Date: December 2025
Word Count: 493

Genesco Cuts Guidance on U.K. Weakness


The bottom line swung back to a $5,356,000 profit after last year’s $18,932,000 loss in the third quarter, on 3% sales growth to $616,217,000 from $596,328,000, with total blended comps up 3%, with +5% in stores offsetting 3% lower e-commerce sales. Journeys’ sales increased 4% to $376.7 million, with a +6% comp on top of last year’s +11% and nearly 200 b.p. of operating margin expansion. Record Back-to-School results in Aug. led with strong double-digit comp gains, but traffic fell off thereafter. The quarter posted higher conversion and traction size, along ... Log in to view full article.

 


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