Filing Flows › Genesco (GCO) › Q1 FY27
Genesco (GCO) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Jun 11, 2026
Genesco (GCO) reported revenue of $487M for the first quarter fiscal 2027 (Q1 FY27), +3% from a year earlier and -39% from the quarter before. Operating margin was -3.2%, net loss $14.8M (3.0% of revenue).
Genesco, Q1 FY27: revenue $487M (+3% year over year), operating margin -3.2%, net loss $14.8M, operating cash flow −$103M. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $487M | -39% | +3% |
| Operating profit | −$15.4M | -279% | — |
| Net earnings | −$14.8M | -377% | — |
| Operating cash flow | −$103M | — | — |
What changed
Revenue was $487.0M in Q1 FY27, up 3% year over year and down 39% from the previous quarter. Journeys Group Segment was the largest line at 59% of revenue. Journeys Group Segment added $12.7M year over year (up 5%), 97% of the total change. Schuh Group Segment declined 5%.
Gross margin was 47.0%, up 0.3 points from Q1 FY26. Operating costs exceeded revenue by $15.4M, an operating margin of -3.2%. Operating expenses fell 2% while revenue rose 3%. The quarter ended with a net loss of $14.8M, after a profit of $47.6M the previous quarter.
Operating cash flow was −$102.8M. Non-cash charges added back $13.2M of depreciation and amortization and $2.8M of share-based compensation. Working capital and other items used $104.0M. Capital expenditures of $15.4M exceeded it, leaving free cash flow of −$118.2M.
Questions
What was Genesco's revenue in the first quarter fiscal 2027?
Genesco (GCO) reported revenue of $487M for the first quarter fiscal 2027 (Q1 FY27), +3% from a year earlier and -39% from the quarter before.
Was Genesco profitable in the first quarter fiscal 2027?
Operating loss was $15.4M (-3.2% of revenue) and net loss $14.8M.
Source: Genesco 10-Q on SEC EDGAR.