Genesco Q1 FY2027 beats expectations, raises full-year EPS guidance to $2.00-$2.40

Genesco reported Q1 FY2027 net sales of $487M (+3% YoY) with seven consecutive quarters of positive comparable sales growth, driven by strong Journeys (+5%) and Johnston & Murphy (+7%) performance. The company raised full-year EPS outlook and announced a new $40-50M cost savings program, signaling improved operational execution and profitability.