Genesco reports sixth consecutive quarter of growth
US-based footwear retailing group Genesco has reported sales of $2.4 billion for fiscal 2026, a 5% increase on the year before and its sixth consecutive quarter of growth.
Overall sales increased 7% at Journeys and 4% at Schuh, partially offset by a decrease of 4% at Genesco Brands, while sales at Johnston & Murphy were flat.
Mimi Vaughn, Genesco’s CEO, said: “Journeys once again led the way with double-digit growth on top of double digits last year, fuelled by an exceptional holiday performance. Our strategic initiatives around product elevation and customer experience continue to resonate with teens, driving market share gains and positioning Journeys as the clear destination for style-led footwear.
“At the same time, Johnston & Murphy’s comparable sales improved in each successive month, while Schuh navigated a promotional UK environment and exited the year with clean inventories.”
The group operates around 1,240 stores but closed a net 42 during the year.
Image: Johnston & Murphy
