v3.26.1
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
May 02, 2026
May 03, 2025
Income Statement [Abstract]    
Net sales $ 487,025 [1] $ 473,973 [2]
Cost of sales 258,106 252,792
Gross margin 228,919 221,181
Selling and administrative expenses 254,403 249,035
Asset impairments and other, net (10,107) [3] 291 [4]
Operating income (loss) (15,377) (28,145)
Other components of net periodic benefit cost 237 180
Interest expense, net 265 1,339
Loss from continuing operations before income taxes (15,879) (29,664)
Income tax benefit (1,073) (8,452)
Loss from continuing operations (14,806) (21,212)
Loss from discontinued operations, net of tax (8) (15)
Net Loss $ (14,814) $ (21,227)
Basic loss per common share:    
Continuing operations (in dollars per share) $ (1.42) $ (2.02)
Discontinued operations (in dollars per share) 0 0
Net loss (1.42) (2.02)
Diluted loss per common share:    
Continuing operations (in dollars per share) (1.42) (2.02)
Discontinued operations (in dollars per share) 0 0
Net loss $ (1.42) $ (2.02)
Weighted average shares outstanding:    
Basic (in shares) 10,428 10,495
Diluted (in shares) 10,428 10,495
[1] Net sales in North America and in the U.K., which includes the ROI, accounted for 81% and 19%, respectively, of our net sales in the first quarter of Fiscal 2027
[2] Net sales in North America and in the U.K., which includes the ROI, accounted for 80% and 20%, respectively, of our net sales for the first quarter of Fiscal 2026
[3] Asset impairments and other includes a $13.4 million gain related to payment card interchange fee litigation, partially offset by a $3.0 million charge for store restructuring, including $2.9 million in Journeys Group and $0.1 million in Schuh Group, a $0.2 million charge for costs associated with information technology transformation and a $0.1 million charge for severance.

 

 

Three Months Ended May 2, 2026

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(In thousands)

Journeys
Group

 

Schuh
Group

 

Johnston
& Murphy
Group

 

Genesco Brands Group

 

Reportable Segment Total

 

Corporate
& Other

 

Consolidated

 

Total assets at quarter end(1)

$

772,015

 

$

221,597

 

$

203,998

 

$

50,457

 

$

1,248,067

 

$

135,962

 

$

1,384,029

 

Depreciation and amortization

 

7,960

 

 

2,012

 

 

1,990

 

 

349

 

 

12,311

 

 

936

 

 

13,247

 

Capital expenditures

 

9,871

 

 

2,710

 

 

2,759

 

 

27

 

 

15,367

 

 

49

 

 

15,416

 

[4] Asset impairments and other includes a $0.3 million charge for severance.

 

Three Months Ended May 3, 2025

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(In thousands)

Journeys
Group

 

Schuh
Group

 

Johnston
& Murphy
Group

 

Genesco Brands Group

 

Reportable Segment Total

 

Corporate
& Other

 

Consolidated

 

Total assets at quarter end(1)

$

721,610

 

$

224,530

 

$

184,944

 

$

66,269

 

$

1,197,353

 

$

207,238

 

$

1,404,591

 

Depreciation and amortization

 

8,249

 

 

1,924

 

 

1,788

 

 

342

 

 

12,303

 

 

1,090

 

 

13,393

 

Capital expenditures

 

10,405

 

 

3,629

 

 

4,641

 

 

76

 

 

18,751

 

 

147

 

 

18,898