GCO’s mall footwear banner helped drive net income up 38% to $47,611,000 from $34,381,000 in its most important calendar quarter, as total company revenues grew 7% to $799,941,000 from $745,949,000. E-commerce accounted for 31% of sales, up from 30% in 2024. Gross margin was off 100 basis points to 45.9%, pressured by the promotional U.K. retail environment and higher tariffs on the Genesco Brands segment. Operating expenses increased by 4% on marketing investments and higher incentive compensation, but leveraged 140 b.p. to 39.1% of sales.

Journeys sales jumped 10% to $527.1 million ... Log in to view full article.