Genesco Reports Q1 2027 Earnings with Mixed Performance Across Brands
Genesco (GCO) reported first-quarter earnings for fiscal year 2027, showing a revenue increase of $487 million driven by strong comparable sales growth at Journeys and Johnston & Murphy. However, Schuh's performance declined significantly. The company improved its gross margin to 47% but faced challenges in brand mix pressure.
Tickers: $GCO
Topics: earnings report retail revenue growth store closures