Genesco Q3 2026 Earnings Call Highlights: Strong Journeys Performance Amid UK Challenges

Genesco Inc reported Q3 2026 total revenue of $616 million, up 3% YoY. Comparable sales growth was 3%, with Journeys up 6% and XX and J&M down 2%. Gross margin was 46.8%, down 100 basis points YoY. Adjusted operating income was $12.9 million, up from $10.3 million last year. Free cash flow improved nearly $5 million YoY. Inventory was up 7% compared to last year. Full-year EPS guidance was adjusted to approximately $0.95.