Slide 1: FY27 Q2 Genesco Summary Results
FY27 Q2 GENESCO Summary Results September 3, 2026
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, tariff refunds, capital expenditures, depreciation and amortization, tax rates, store openings and closures, cost reductions, shar
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: Q2 FY27 Financial Snapshot
Q2 FY27 Financial Snapshot (1) GAAP GROSS MARGIN 51.4% SALES COMPS $530M -1% Up 560 bps vs Q2 FY2026 Non-GAAP GROSS MARGIN 47.2% Down 3% vs Q2 FY2026 with Stores Johnston & Murphy Journeys e-commerce 22% of retail sales +1% +4% +2% Up 140 bps vs Q2 FY2026 GAAP SG&A GAAP OI GAAP EPS 49.0% $3.6M $0.32
Slide 5: Q2 FY27 Highlights
Q2 FY27 Highlights ▪ The second quarter exceeded our expectations with increased gross margins and improvement in both operating income and earnings per share compared to last year ▪ Adjusted operating margin improved 100 basis points compared to last year ▪ Adjusted loss per share improved 27% over
Slide 6: Footwear First Strategy
Footwear First Strategy We unite footwear-led brands that inspire consumers with elevated, on-trend style
Slide 7: What We Do
What We Do Footwear is what we know, and our brands are where we win. By combining winning assortments, distinctive brands, and exceptional customer experiences, we attract more customers and create loyalty. Our people are our advantage. We have the teams, the skills, and the drive for success.
Slide 8: Growth Drivers Powered by Performance
Growth Drivers Powered by Performance 1 2 3 Curate & Elevate Create Create Distinct Exceptional Winning Brands Experiences Product We activate brands We offer compelling We focus on having with unique stories, physical and digital the right footwear, product, and environments that in the right style
Slide 9: 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 10: Unique Consumer Positioning: Style-Led Footwear Destination
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 11: Target Consumer Segments
Target Consumer Segments Our three consumer segments reach a wider teen audience with a more intentional focus @DYNAMICEXPLORER @STYLECHASER @ANTI-HERO Many different styles What’s cool & fashionable Independent What’s new & next More mainstream Heritage Journeys consumer Seeks latest trend Later tr
Slide 12: Strategies
DIVERSIFY OUR FOOTWEAR LEADERSHIP STRATEGIES BUILD OUR BRAND RE-IMAGINE OUR STORE FLEET DRIVE DIGITAL EVOLUTION UNLOCK THE POWER OF OUR PEOPLE
Slide 13: Diversify Our Footwear Leadership
STRATEGIES DIVERSIFY Lead with Her OUR Elevate & Diversify the Assortment FOOTWEAR Extend Key Franchise LEADERSHIP Leadership Drive Newness and Trend Leadership ASP Increases 13
Slide 14: Build Our Brand
STRATEGIES Life on Loud and New Creative Concept for BTS BUILD and Holiday OUR Invest in Journeys Brand BRAND Presence for Greater Awareness Elevate Editorial Content and Trend Positioning Expand Brand Activation Launch Community Platform
Slide 15: Re-imagine Our Store Fleet
STRATEGIES RE-IMAGINE Double 4.0 Store Count OUR Pursue Targeted Expansions & STORE Relocations FLEET Strengthen Key Markets Test Journeys Kidz 4.0 Concept
Slide 16: Drive Digital Evolution
STRATEGIES DRIVE Improve Online Discoverability within DIGITAL Agentic Search EVOLUTION Elevate the Site Experience Increase Customer Acquisition & Retention 16 Including All-Access
Slide 17: Financials
FINANCIALS amenurtast niin hil Genesco BRANDS GROUP ORME ES Burgundy Schuh sonnstowamuren. G
Slide 18: Q2 FY27 Key Earnings Highlights
Q2 FY27 Key Earnings Highlights Quarter 2 Quarter 2 August 1, 2026 August 2, 2025 Total Sales Change -3% 4% Total Comparable Sales -1% 4% Journeys Group 2% 9% Schuh Group -9% -4% Johnston & Murphy Group 4% 1% Same Store Sales 1% 5% Comparable E-commerce Sales -6% 1% Gross Margin % (1) GAAP 51.4% 45.
Slide 19: 6mos FY27 Key Earnings Highlights
6mos FY27 Key Earnings Highlights Six Months Ended Six Months Ended August 1, 2026 August 2, 2025 Total Sales Change 0% 4% Total Comparable Sales 0% 5% Journeys Group 3% 9% Schuh Group -9% -2% Johnston & Murphy Group 5% 0% Same Store Sales 2% 5% Comparable E-commerce Sales -3% 4% Gross Margin % (1)
Slide 20: Q2 FY27 Capital Allocation Snapshot
Q2 FY27 Capital Allocation Snapshot TOTAL LIQUIDITY INVENTORY CAPITAL EXPENDITURES ~$394M $540M $17M Liquidity is comprised of +8% vs Q2 FY2026 ~95% allocated to stores cash and borrowing available ~5% to other under bank facilities SHARE REPURCHASES JOURNEYS 4.0 STORE COUNT 1,186 25 None in quarter
Slide 21: Q2 FY27 Net Sales by Segment
Q2 FY27 Q2 FY27 Net Sales $529.9 Million Sales by 21% Segment 14% 5% 60% Journeys Schuh Johnston & Murphy Group Genesco Brands Group
Slide 22: Q2 & Proj 12 mos FY27 Retail Store Summary
Q2 & Proj 12 mos FY27 • Retail Store Summary May 2, August Q2 FY27 2026 Open Close 1, 2026 Journeys Group 940 1 17 924 Schuh Group 114 1 6 109 Johnston & Murphy Group 154 1 2 153 Total Stores 1,208 3 25 1,186 Jan. 31, Jan. 30, Projected 12 mos FY27 2026 Open Close 2027 Journeys Group 965 6 57 914 Sc
Slide 23: FY27 Outlook
FY27 Outlook (1) Note: See earnings call transcript for important details regarding guidance assumptions $2.00 to $2.40 per share (high end likely outcome) Non-GAAP EPS (vs previous midpoint likely outcome) down ~ 2% Total Sales vs. FY2026 (vs previous down 1% to flat) flat Comparable Sales (vs prev
Slide 24: Appendix
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Slide 25: Q2 FY27 Adjusted Operating Income (Loss) Statement
Q2 FY27 • Adjusted Operating Income (Loss) Statement Quarter 2 August 1, 2026 August 2, 2025 Operating Asset Impair Adj Operating Operating Asset Impair Adj Operating In Thousands Income (Loss) & Other Adj Income (Loss) Income (Loss) & Other Adj Income (Loss) Journeys Group $ (714) $ - $ (714) $ (4,
Slide 26: 6mos FY27 Adjusted Operating Income (Loss) Statement
6mos FY27 • Adjusted Operating Income (Loss) Statement (1) Six Months Ended August 1, 2026 August 2, 2025 Operating Asset Impair Adj Operating Operating Asset Impair Adj Operating In Thousands Income (Loss) & Other Adj Income (Loss) Income (Loss) & Other Adj Income (Loss) Journeys Group $ (12,269) $
Slide 27: Q2 FY27 Non-GAAP Reconciliation
Q2 FY27 Non-GAAP Reconciliation Quarter 2 Quarter 2 August 1, 2026 August 2, 2025 Net of Per Share Net of Per Share In Thousands (except per share amounts) Pretax Tax Amounts Pretax Tax Amounts Earnings (Loss) from continuing operations, as reported $ 3,482 $ 0.32 $ (18,456) $ (1.79) Gross margin ad
Slide 28: 6mos Non-GAAP Reconciliation
6mos Non-GAAP Reconciliation Six Months Ended Six Months Ended August 1, 2026 August 2, 2025 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 $ (11,324) $ (1.08) $ (39,668) $ (3.82) Gross marg
Slide 29: Q2 FY27 Adjusted Gross Margin
Q2 FY27 Adjusted Gross Margin Quarter 2 In Thousands August 1, 2026 August 2, 2025 Gross margin, as reported $ 272,117 $ 249,949 % of sales 51.4% 45.8% Tariff refunds (21,780) - Reversal of inventory write-down related to exit of licenses (25) - Total gross margin adjustment (21,805) - Adjusted gros
Slide 30: 6mos FY27 Adjusted Gross Margin
6mos FY27 Adjusted Gross Margin Six Months Ended In Thousands August 1, 2026 August 2, 2025 Gross margin, as reported $ 501,036 $ 471,130 % of sales 49.3% 46.2% Tariff refunds (21,780) - Reversal of inventory write-down related to exit of licenses (109) - Total gross margin adjustment (21,889) - Adj
Slide 31: Q2 FY27 Adjusted Selling & Administrative Expenses and Adjusted Interest, net
Q2 FY27 Adjusted Selling & Administrative Expenses and Adjusted Interest, net Quarter 2 In Thousands August 1, 2026 August 2, 2025 Selling and administrative expenses, as reported $ 259,557 $ 264,265 % of sales 49.0% 48.4% Costs associated with information technology transformation (900) - Total adj
Slide 32: 6mos FY27 Adjusted Selling & Administrative Expenses and Adjusted Interest, net
6mos FY27 Adjusted Selling & Administrative Expenses and Adjusted Interest, net Six Months Ended In Thousands August 1, 2026 August 2, 2025 Selling and administrative expenses, as reported $ 513,960 $ 513,300 % of sales 50.5% 50.3% Costs associated with information technology transformation (2,598)
Slide 33: FY27 Q2 Genesco Summary Results
FY27 Q2 GENESCO Summary Results September 3, 2026