Genesco Inc. (GCO) reported fiscal 2027 second-quarter net sales of $529.9 million, down 3% from $546.0 million a year earlier. Net earnings were $3.5 million, or $0.33 per basic share and $0.32 per diluted share, compared with a net loss of $18.5 million, or $1.79 per share, in the prior-year quarter.
GAAP gross margin increased to 51.4% from 45.8%, including tariff refunds. The company raised its full-year adjusted diluted EPS outlook to the high end of its $2.00 to $2.40 range.
- Comparable sales declined 1%, with same-store sales up 1% and comparable e-commerce sales down 6%.
- Journeys comparable sales rose 2%, while Johnston & Murphy comparable sales increased 4%.
- GAAP operating income was $3.6 million, compared with an operating loss of $14.4 million a year earlier.
- Genesco received $22.5 million in tariff refunds, including interest, during the quarter.
- The company ended the quarter with 1,186 stores after opening three and closing 25 stores.
$GCO Insider Trading Activity
$GCO insiders have traded $GCO stock on the open market 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $GCO stock by insiders over the last 6 months:
- GREGORY A SANDFORT purchased 2,958 shares for an estimated $99,980
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$GCO Hedge Fund Activity
We have seen 75 institutional investors add shares of $GCO stock to their portfolio, and 62 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 299,520 shares (+inf%) to their portfolio in Q2 2026, for an estimated $10,114,790
- ING GROEP NV removed 210,000 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $7,091,700
- FUND 1 INVESTMENTS, LLC added 184,653 shares (+43.4%) to their portfolio in Q2 2026, for an estimated $6,235,731
- AMERICAN CENTURY COMPANIES INC added 168,755 shares (+620.1%) to their portfolio in Q2 2026, for an estimated $5,698,856
- MACKENZIE FINANCIAL CORP removed 136,270 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $4,601,837
- D. E. SHAW & CO., INC. removed 109,321 shares (-30.0%) from their portfolio in Q2 2026, for an estimated $3,691,770
- LOTUS TECHNOLOGY MANAGEMENT, LP removed 103,066 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $2,987,883
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
