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GCO raises fiscal 2027 adjusted EPS guidance after improved margins

GCO said operating income and EPS improved year-over-year on gross margin gains and cost controls. Net sales fell 3%, but Journeys and Johnston & Murphy had positive comps.

GCO

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10:57:04 AM UTC
SquawkNews
Q2 FY27 saw improved gross margins, operating income, and EPS, with strong comps at Journeys and Johnston & Murphy, but overall sales declined 3% year-over-year. Guidance was raised for adjusted EPS, and significant tariff refunds boosted GAAP results.Original document: Genesco Inc. [GCO] Slides Re…

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