Genesco Inc. (GCO) reported an 8.1% stock increase on December 27, 2025, following a strong holiday sales season. The retailer achieved a 9% rise in comparable sales for the fourth quarter, driven by a 10% increase in same-store sales and a 9% rise in e-commerce sales. The Journeys Group led the performance with a 12% year-over-year sales increase, while the Schuh Group and Johnston & Murphy Group saw growths of 6% and 1%, respectively.
As a result of these strong sales, Genesco has revised its fiscal 2026 adjusted earnings forecast to at least $1.30 per share, a considerable increase from the previous estimate of 95 cents. This new prediction marks a significant rise from the 94 cents reported in fiscal 2025. The company plans to focus on operational discipline to manage fluctuating consumer behavior as it navigates the remainder of the fiscal year.
