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Genesco Inc. (GCO) Q2 2025 Earnings Call Transcript Summary

Futu News ·  Sep 7 00:09  · Conference Call

The following is a summary of the Genesco Inc. (GCO) Q2 2025 Earnings Call Transcript:

Financial Performance:

  • Consolidated quarterly revenue was $525 million, surpassing expectations.

  • Adjusted operating loss improved to $9.3 million from $10 million in the prior year's quarter.

  • Adjusted diluted loss per share improved to $0.83, better than last year's $0.85.

Business Progress:

  • Journeys demonstrated positive sales momentum into the back-to-school season, expected to continue into the holiday season.

  • Initiatives to reposition Genesco brands showing promising results with a focus on high-margin products.

  • Optimization of store footprint by closing unproductive stores enhancing overall profitability.

Opportunities:

  • Positive sales trends in Journeys expected to harness momentum during holiday seasons.

  • New assortment and marketing strategies aimed at the teen girl demographic unveiled significant opportunities.

Risks:

  • Continued promotional activities at Schuh to clear inventory affected gross margins, a trend expected to persist but with lesser impact.

Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.

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