Slide 1: FY26 Q1 Genesco Summary Results
FY26 Q1 GENESCO Summary Results • June 4, 2025
Slide 2: Safe Harbor Statement
Safe Harbor Statement This presentation contains forward-looking statements, including those regarding future sales, earnings, operating income, gross margins, expenses, capital expenditures, depreciation and amortization, tax rates, store openings and closures, cost reductions, and all other statem
Slide 3: Non-GAAP Financial Measures
Non-GAAP • Financial Measures We report consolidated financial results in accordance with generally accepted accounting principles (“GAAP”). However, to supplement these consolidated financial results our presentation includes certain non-GAAP financial measures such as earnings (loss) and earnings
Slide 4: Q1 FY26 Financial Snapshot
Q1 FY26 Financial Snapshot SALES COMPS GROSS MARGIN $474M Up 4% vs Q1 FY2025 with e-commerce 23% Stores +5% E-commerce Journeys 46.7% Down 60 bps vs Q1 FY2025 of retail sales +5% +7% +8% Non-GAAP gross margin down 90 bps vs Q1 FY2025 SG&A GAAP OI GAAP EPS $249M ($28.1M) ($2.02) Non-GAAP OI Non-GAAP
Slide 5: Q1 FY26 Highlights
Q1 FY26 • Highlights ▪ Top and bottom-line results exceed expectations ▪ All channels posting positive growth ▪ Comparable sales increased 5%, our third consecutive positive increase, with both stores up mid-single digits and online up high single digits ▪ Wholesale channel growth of 5% ▪ Journeys c
Slide 6: Our Footwear Focused Vision & Strategy
Our Footwear Focused Vision & Strategy OUR ASPIRATION HOW WE WILL ACHIEVE IT Create and curate leading footwear Build enduring relationships with our brands that represent style, innovation and target customers, grounded in unparalleled self-expression; be the destination for our consumer and market
Slide 7: Our Footwear Focused Vision & Strategy: Strategic Initiatives/Pillars
Our Footwear Focused Vision & Strategy Strategic Initiatives/Pillars OUR PLATFORMS ENABLE THE STRATEGY UNITED BY DTC CAPABILITIES 1 2 3 4 5 6 PURSUE ACCELERATE MAXIMIZE DEEPEN INTENSIFY RESHAPE & GROWTH & DIGITAL PHYSICAL CONSUMER PRODUCT REINVEST ACQUISITIONS & DIGITAL INSIGHTS INNOVATION COST BASE
Slide 8: What is Journeys Strategic Growth Plan?
What is Journeys Strategic Growth Plan? Multi-Brand, multi-category offering to inspire the journey from one you to the next
Slide 9: Style-Led Footwear Destination: Unique Consumer Positioning
Unique Consumer Positioning There is white space in the market for Journeys to expand its reach amongst teens with a sharp focus on females STYLE-LED FOOTWEAR DESTINATION
Slide 10: Expand Consumer Segmentation
Expand Consumer Segmentation We have sharpened our consumer focus, targeting three consumer segments reaching a wider teen audience. @ANTI-HERO @STYLECHASER @DYNAMICEXPLORER Independent What’s cool & fashionable Many different styles Heritage Journeys consumer More mainstream What’s new & next Self-
Slide 11: Key Strategies
Key Strategies Diversify Our Footwear Leadership Invest In Our Journeys Brand Elevate Our Customer Experience
Slide 12: Unique Consumer Positioning
Unique Consumer Positioning Elevate our product to lead across multi-categories Evolve the assortment to become a leading footwear destination and create sustainable growth. • Strengthen strategic partnership with lead brands • Build athletic as third pillar of assortment with casual & canvas • Shar
Slide 13: Invest In The Journeys Brand
Invest In The Journeys Brand Evolve the marketing strategy to engage teen consumer target Reenergize the Journeys brand, making it the ultimate destination for discovery to reach and excite the next generation of fans FROM TO House of brands Branded house Singular focus on Anti-Hero Expanded segment
Slide 14: Elevate Our Customer Experience
Elevate Our Customer Experience • Refresh our consumer touch points to fuel discovery • 4.0 – Next generation store concept to support our strategy Store Website Social • All serving our consumer segments and new consumers • All delivering on our premium style led footwear destination • 4.0 stores:
Slide 15: Financials
FINANCIALS
Slide 16: Tariff Exposure
Tariff Exposure Based on what we know today, we expect our mitigation actions will mostly offset the tariff impact for the year ▪ Our retail business, comprised of Journeys and Schuh, represents approximately 80% of Genesco’s business where we sell a mix of mostly larger, premium, global brands with
Slide 17: Tariff Exposure – Continued diversification out of China
Tariff Exposure – Continued diversification out of China expected throughout FY26 Reciprocal Tariff Affected Genesco Countries Estimated FY26 (estimated at beginning of FY26) Revenue 19% 52% Branded Vietnam, India, Cambodia 11% China1 2% J&M ~80% 3% GBG Impacted 11% 6% 81% China1 Journeys by Retail
Slide 18: Q1 FY26 Key Earnings Highlights
Q1 FY26 • Key Earnings Highlights Quarter Quarter 4(1) 1 Quarter 4(1) Quarter 1 FebMay 3, 2025Jan 28, 2024 3, 2025 May 4, 2024 Total Sales Change 4% -5% Total Comparable Sales 5% -5% Journeys Group 8% -5% Schuh Group 1% -7% Johnston & Murphy Group -2% -3% Same Store Sales 5% -7% Comparable E-commerc
Slide 19: Q1 FY26 Capital Allocation Snapshot
Q1 FY26 Capital Allocation Snapshot TOTAL LIQUIDITY INVENTORY CAPITAL EXPENDITURES $19M ~$230M $451M ~85% allocated to stores Liquidity is comprised of cash and +15% vs Q1 FY2025 ~15% to other borrowing available under bank facilities to meet Journeys growth SHARE REPURCHASES STORE COUNT JOURNEYS 4.
Slide 20: FY26 Strong Digital Growth
FY26 • Strong Digital Growth Quarter 1 Trailing 12 months(1) $500 $600 $545 $500 $486 12% $400 $400 $ in Millions $ in Millions $300 $300 $200 $200 $93 $98 5% $100 $100 31% $- 25% $- FY25 FY26 FY25 FY26 % of Retail Sales (2) 23% 23% 23% 25% (1) 52-week period for trailing twelve months ended May 3,
Slide 21: Q1 FY26 Sales by Segment
Q1 FY26 Journeys Schuh Johnston & Murphy Group Sales by Genesco Brands Group Segment 20% 16% 6% 58% Q1 FY26 Net Sales $474.0 Million
Slide 22: Q1 & Projected FY26 Retail Store Summary
Q1 & Proj 12 mos FY26 • Retail Store Summary Feb. 1, May 3, Q1 FY26 2025 Open Close 2025 Journeys Group 1,006 2 19 989 Schuh Group 124 0 3 121 Johnston & Murphy Group 148 2 4 146 Total Stores 1,278 4 26 1,256 Feb. 1, Jan. 31, Projected 12 mos FY26 2025 Open Close 2026 Journeys Group 1,006 4 57 953 S
Slide 23: FY26 Outlook
FY26 • Outlook (1) Reiterates FY26 EPS Outlook: Note: See earnings call transcript for important details regarding guidance assumptions Non-GAAP EPS $1.30 to $1.70 per share (includes current tariff impact) up 1% to 2% due to FX Total Sales vs. FY2025 (vs. previous flat to up 1%) up 2% to 3% Compara
Slide 24: Appendix
Genesco BRANDS GROUP
Slide 25: Q1 FY26 Adjusted Operating Income Statement
Q1 FY26 • Adjusted Operating Income Statement (1) Quarter 1 May 3, 2025 May 4, 2024 Oper Inc Adj Oper Oper Inc Adj Oper In Thousands (Loss) Adjust Inc (Loss) (Loss) Adjust Inc (Loss) Journeys Group $ (15,283) $ - $ (15,283) $ (18,822) $ - $ (18,822) Schuh Group (6,131) - (6,131) (5,896) - (5,896) Jo
Slide 26: Q1 FY26 Non-GAAP Reconciliation
Q1 FY26 • Non-GAAP Reconciliation Quarter 1 May 3, 2025 May 4, 2024 Net of Per Share Net of Per Share In Thousands (except per share amounts) Pretax Tax Amounts Pretax Tax Amounts Loss from continuing operations, as reported $ (21,212) $ (2.02) $ (24,288) $ (2.22) Gross margin adjustment: Charges re
Slide 27: Q1 FY26 Adjusted Gross Margin
Q1 FY26 • Adjusted Gross Margin Quarter 1 In Thousands May 3, 2025 May 4, 2024 Gross margin, as reported $ 221,181 $ 216,281 % of sales 46.7% 47.3% Charges related to distribution model transition - 1,581 Total adjustments - 1,581 Adjusted gross margin $ 221,181 $ 217,862 % of sales 46.7% 47.6%
Slide 28: FY26 Q1 Genesco Summary Results
FY26 Q1 GENESCO Summary Results • June 4, 2025