The chart below shows how GCO performed 10 days before and after its earnings report, based on data from the past quarters. Typically, GCO sees a +11.79% change in stock price 10 days leading up to the earnings, and a -0.42% change 10 days following the report. On the earnings day itself, the stock moves by -8.85%. This data can give you a slight idea of what to expect for the next quarter's release.
Positive
Q3 Revenue Increase: Consolidated revenue for Q3 was up 3% to $596 million, exceeding expectations and marking a strong return to positive costs.
Strong Comparable Sales Growth: Journeys' comparable sales for the third quarter not only reflected positive growth but were up double-digits fueled by continued improvement in product assortment and the visual reset of stores.
Strong Q3 Performance: Sales, gross margins, and expenses as a percentage of sales all exceeded expectations in Q3, positioning us well for the balance of the year.
Cost Reduction Impact on EPS: Ongoing cost reduction and store optimization efforts contributed to adjusted EPS, which was meaningfully above our projections and up versus last year.
Share Repurchase Commitment: We have repurchased nearly 50% of our outstanding shares over the past six years, demonstrating our commitment to returning value to shareholders.
Negative
Gross Margin Decline: Overall, gross margin was down 30 basis points, compared to last year.
Gross Margin Decline Analysis: By division, Journeys' gross margin was down 80 basis points due primarily to product mix as we are selling brands with lower initial margins, but higher average selling prices.
Gross Margin Changes: Schuh's gross margin decreased 20 basis points and J&M's gross margin was up 170 basis points due to improved initial margins, lower markdowns, and channel mix.
Quarterly Reporting Summary: We were reported in Q1 and Q2 respectively.
Gross Margin Decline Expected: We expect total gross margin to be down 10 to 20 basis points versus last year.
Genesco Inc. (GCO) Q3 2025 Earnings Call Transcript
GCO.N
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