- Genesco Inc. (NYSE:GCO) reported earnings per share (EPS) of $3.74, slightly above the estimated $3.73, and a significant revenue increase to $800 million against the expected $476.7 million.
- The company saw a 7% increase in net sales for Q4 2026, with comparable sales rising by 9%. E-commerce sales now represent 31% of total retail sales.
- Genesco’s GAAP EPS for the quarter was $4.43, up from $3.06 the previous year, indicating strong financial performance and growth.
Genesco Inc. (NYSE:GCO), a specialty retailer operating in the footwear and accessories market, has recently outperformed earnings estimates and showcased significant revenue growth. The company, which owns renowned brands such as Journeys, Schuh, and Johnston & Murphy, competes with retail giants like Foot Locker and DSW. On March 6, 2026, GCO reported an EPS of $3.74, slightly surpassing the estimated $3.73. Additionally, the company reported a revenue of approximately $800 million, significantly exceeding the estimated $476.7 million.
During its Q4 2026 earnings call, as highlighted by Seeking Alpha, Genesco provided insights into its financial performance and strategic direction. The company reported a 7% increase in net sales for the fourth quarter, reaching $800 million, compared to the same period last year. Comparable sales rose by 9%, with both physical stores and e-commerce experiencing growth of 9% and 8%, respectively. E-commerce sales accounted for 31% of total retail sales, a slight increase from 30% the previous year.
Genesco’s GAAP EPS for the quarter was $4.43, up from $3.06 the previous year, while Non-GAAP EPS increased to $3.74 from $3.26. For the full fiscal year 2026, Genesco reported a 5% increase in net sales, totaling $2.4 billion. Comparable sales grew by 6%, with store sales up 6% and e-commerce sales up 4%. E-commerce maintained its share of 25% of total retail sales, consistent with the previous year.
The company also managed to leverage selling and administrative expenses by 140 basis points compared to last year. The price-to-sales ratio stands at a modest 0.13, suggesting a relatively low valuation compared to its sales. Additionally, the enterprise value to sales ratio is 0.25, reflecting the company’s total valuation in relation to its revenue.
GCO’s enterprise value to operating cash flow ratio is 6.74, which provides insight into the company’s cash flow generation relative to its valuation. The earnings yield is quite low at 0.013%, indicating a minimal return on investment from earnings. The debt-to-equity ratio is 0.65, showing a moderate level of debt compared to equity. Lastly, GCO maintains a current ratio of 1.64, suggesting a healthy liquidity position to cover its short-term liabilities.
