Genesco Inc. (GCO): Business Model Canvas [Dec-2025 Updated]

You're digging into the actual mechanics of Genesco Inc. (GCO) to see where the real value is created, and honestly, it's a fascinating mix of old-school retail and digital hustle as of late 2025. We're looking at a company that pulled in about $2.3 billion in Net Sales, running a tight ship across its approximately 1,245 physical locations while pushing digital to account for 25% of retail revenue. To understand the profitability profile, just note that Cost of Goods Sold (COGS) ate up 52.8% of sales, leaving Selling and Administrative expenses (S&A) at 46.4%-that's where the real operational pressure point is. If you want the full blueprint showing how their key resources, like the Journeys brand, connect to their customer segments, check out the full Business Model Canvas breakdown below.

Genesco Inc. (GCO) - Canvas Business Model: Key Partnerships

You're looking at the core relationships Genesco Inc. relies on to get product from concept to customer, which is crucial for a footwear-focused retailer with a significant physical footprint. These partnerships are the backbone of their omnichannel execution.

Third-party vendors for product sourcing and manufacturing are fundamental, as Genesco Inc. depends on them to produce the products it sells. The company states a commitment to working only with vendors who share responsible practices regarding employees and the environment. While specific vendor names aren't public, the scale of operations suggests a large network. For instance, in Fiscal 2025, Genesco Inc. reported total net sales of $2.3 billion, which flows through these sourcing channels.

Licensors for Genesco Brands Group are vital for expanding the portfolio beyond owned brands like Journeys® and Johnston & Murphy®. The Genesco Brands Group sells lifestyle footwear to retailers under licensed names. A key recent development is the multi-year licensing agreement signed in July 2025 with Kontoor Brands to design, source, and market footwear under the Wrangler brand, with the first collection expected in Fall 2026. Other licensed brands include Dockers, Starter, and PONY.

Real estate landlords for the retail locations represent a massive fixed cost and physical presence. As of November 1, 2025, Genesco Inc. operated 1,245 retail stores across North America, the U.K., and the Republic of Ireland. This is down from 1,302 stores at the end of the year-earlier quarter (November 2024). Occupancy costs are a significant component of Selling and administrative expense, which was 46.4% of sales for Fiscal 2025, though this figure decreased by 10 basis points as a percentage of sales compared to the prior year.

Logistics and freight partners for global supply chain are essential for moving product to the 1,245 stores and for e-commerce fulfillment. Genesco Inc. is actively managing these costs; selling and administrative expenses for the third quarter of Fiscal 2026 reflected a 140 basis points leverage, primarily due to decreased freight expenses compared to the prior year. To give you a sense of the environmental impact tied to logistics, truck freight accounted for 19% of Genesco's total market-based emissions in Fiscal 2025.

Technology providers for omnichannel and digital platforms enable the integrated shopping experience. The company's digital revenue reached $539 million as part of its omnichannel strategy in Fiscal 2025. The company continues to invest in growth actions, projecting capital expenditures in the band of $55-$65 million for Fiscal 2027, which includes digital investments alongside store remodels like the Journeys 4.0 program.

Here's a quick look at the scale of these relationships based on recent figures:

Partnership Category	Key Metric/Data Point	Reference Period/Date
Retail Landlords (Physical Footprint)	1,245 retail stores	November 1, 2025
Retail Landlords (Physical Footprint)	1,278 retail stores	February 1, 2025
Licensors (Licensed Brands)	Wrangler (New agreement signed)	July 2025
Logistics/Supply Chain (Cost Impact)	Truck freight contributed 19% of market-based emissions	Fiscal 2025
Technology Providers (Digital Scale)	$539 million digital revenue	Fiscal 2025
Logistics/Supply Chain (Cost Management)	Freight expenses decreased, contributing to 140 basis points SG&A leverage	Q3 Fiscal 2026 vs Q3 Fiscal 2025

The relationships with licensed brand owners, like Kontoor Brands for Wrangler, are structured to accelerate growth in the Genesco Brands Group portfolio. If onboarding new vendors takes longer than expected, inventory flow could tighten, which is a risk when you're managing a $558.1 million inventory level, as seen at the end of Q3 FY2026.

• Dependence on third-party vendors for product production.
• Agreements with Kontoor Brands (Wrangler), and existing licenses like Dockers.
• Lease agreements supporting 1,245 store locations as of late 2025.
• Logistics partners responsible for moving product across the global supply chain.
• Technology vendors supporting the $539 million digital revenue stream.

Finance: draft 13-week cash view by Friday.

Genesco Inc. (GCO) - Canvas Business Model: Key Activities

You're looking at Genesco Inc. (GCO) and trying to map out the core actions that drive its business in late 2025. Honestly, the key activities revolve around balancing a shrinking physical footprint with a rapidly growing digital presence, all while managing a complex product flow.

Footwear and apparel merchandising and inventory management

This activity is about getting the right product to the right place, and the Fiscal 2025 numbers show a deliberate build-up in stock, likely to support the digital growth and the turnaround at the main banner.

For the full Fiscal 2025 year, Genesco Inc.'s inventories increased by 12% on a year-over-year basis, reflecting increased stock for Journeys, Johnston & Murphy, and Genesco Brands, though Schuh inventories decreased. The overall gross margin for Fiscal 2025 settled at 47.2% compared to 47.3% the prior year, which suggests that while inventory was managed up, promotional activity, especially at Schuh Group, slightly pressured the margin. The performance of the core brand, Journeys, was strong enough to fuel full-priced selling, which is a key win in merchandising.

Metric	FY2025 Value	Comparison/Context
Total Net Sales (FY25)	$2.3 billion	Flat compared to FY24 (53 weeks)
Total Comparable Sales (FY25)	Up 3%	Driven by digital growth
Inventory Change (YoY FY25)	Up 12%	Reflecting planned increases at key brands
Gross Margin (FY25)	47.2%	Slightly down from 47.3% last year

Omnichannel execution, integrating digital and physical sales

The integration of digital and physical channels is clearly a major focus, as the e-commerce side is significantly outpacing the store channel in terms of growth rate. This is where you see the modern retail strategy in action.

For Fiscal 2025, Genesco Inc.'s comparable e-commerce sales grew by a strong 12%, while same store sales were flat. This digital lift pushed e-commerce sales to represent 25% of total retail sales, up from 23% the prior year. In the fourth quarter of Fiscal 2025, the digital channel was even hotter, with e-commerce comparable sales increasing 18%, making up 30% of retail sales for that period.

• Comparable e-commerce sales growth (FY25): 12%
• Comparable store sales growth (FY25): Flat
• E-commerce as a percentage of retail sales (FY25): 25%
• Q4 FY25 E-commerce sales as % of retail sales: 30%

Strategic store optimization, including 63 net closings in FY25

Genesco Inc. is actively rightsizing its physical footprint, which management noted was accretive to operating earnings. This is a clear, quantifiable action to improve the profitability of the remaining physical assets.

Throughout Fiscal 2025, the company executed 63 net store closings. This optimization effort resulted in the company ending the fourth quarter of Fiscal 2025 with 1,278 stores, a decrease from 1,341 stores at the end of the fourth quarter last year, representing a 5% reduction in store count. Consequently, total square footage was down 3% year-over-year as of the end of Q4 FY25. Capital expenditures of $14 million in Q4 FY25 were related primarily to retail stores and digital/omnichannel initiatives, showing investment is still flowing into the better locations and digital infrastructure.

Brand marketing focused on youth culture for Journeys

The Journeys brand is the clear engine for growth, and its success is directly tied to effective marketing that resonates with youth culture, driving full-priced selling.

Journeys led the charge, posting a 3% increase in sales for the full Fiscal 2025 year, while other segments like Johnston & Murphy saw a 6% decrease. In the crucial fourth quarter, Journeys comparable sales increased 14%, and the brand represented 60% of Genesco Inc.'s total sales for the full fiscal year. The rollout of the elevated Journeys 4.0 store concept is a key physical manifestation of this marketing and experience focus, with 76 locations open by Q3 FY25, expecting more than 80 by year-end. That brand is definitely carrying the load.

Supply chain management and ethical sourcing compliance

Supply chain activities are focused on efficiency and responsible operations, as evidenced by environmental performance metrics reported for the fiscal year.

Genesco Inc. reported a 29% decrease in greenhouse gas emissions for Fiscal 2025, alongside critical lighting upgrades at distribution centers and stores to improve energy efficiency. Furthermore, the company has achieved a 15% reduction in water usage since 2021, showing a sustained effort in resource management within its operations. The company's total market-based emissions were reported at 51,673.43 tCO2e for the year.

• Greenhouse Gas Emissions Reduction (FY25): 29%
• Water Usage Reduction (since 2021): 15%
• Market-Based Emissions (FY25): 51,673.43 tCO2e
• Scope 1 & 2 emissions sources: Site electricity (36%) and truck freight (19%) of market-based emissions

Finance: draft 13-week cash view by Friday.

Genesco Inc. (GCO) - Canvas Business Model: Key Resources

You're looking at the core assets Genesco Inc. (GCO) relies on to execute its footwear-focused strategy as of late 2025. These aren't just line items; they are the engines of the business.

The physical retail footprint remains a massive tangible resource, though it's actively being managed. As of November 1, 2025, Genesco Inc. operated approximately 1,245 stores. This reflects a deliberate optimization, as the company closed 12 stores in the third quarter of Fiscal 2026 alone, ending the quarter with fewer locations than the 1,302 stores at the end of the prior year-earlier quarter.

The digital capability is now a substantial, measurable asset. For the full Fiscal 2025, the digital platform generated 25% of retail sales. For the third quarter of Fiscal 2026, e-commerce sales represented 23% of retail sales, even as comparable e-commerce sales declined 3% year-over-year in that period.

Working capital, specifically inventory, is a critical, high-value resource that requires careful management. As of November 1, 2025, inventories stood at $558.1 million. This level represented a 6.7% increase year-over-year, driven by higher stock levels at key banners like Journeys, Schuh, and Johnston & Murphy.

The portfolio of distinct brands is the primary value driver. These brands dictate customer segments and revenue streams. Here's a snapshot of how the major groups contributed to net sales growth in Q3 FY26:

• Journeys Group: Sales increased 4%.
• Schuh Group: Sales increased 2%.
• Johnston & Murphy Group: Sales increased 3%.
• Genesco Brands Group: Sales increased 3%.

To give you a clearer picture of the brand performance driving inventory decisions, here's a look at the comparable sales metrics for that same third quarter:

Brand Group	Q3 FY26 Comparable Sales Change	Q3 FY26 Store Comp Change
Journeys Group	6% increase	5% increase (Total store comps up 5%)
Schuh Group	-2% decline	N/A
Johnston & Murphy Group	-2% decline	N/A

Finally, the intangible assets, including intellectual property and licensed brand agreements, underpin the brand equity. The company has been actively managing this space, as evidenced by the gross margin pressure in Q3 FY26 being partly due to the exit of licenses, which was a strategic move Genesco Inc. made to streamline its portfolio.

Finance: draft 13-week cash view by Friday.

Genesco Inc. (GCO) - Canvas Business Model: Value Propositions

You're looking at the core reasons customers choose Genesco Inc. over the competition, grounded in the latest performance figures through the third quarter of Fiscal 2026, ending November 1, 2025.

On-trend fashion footwear for the style-led teen (Journeys) remains a primary driver, with the CEO confirming a unique value proposition for this segment. Journeys led the fourth quarter of Fiscal 2025 with a 5% net sales increase and fueled by strong full-priced selling, achieving mid-teens comparable sales growth. For the first quarter of Fiscal 2026, Journeys delivered an 8% increase in comparable sales. The brand's investment in its physical presence is also key; Journeys 4.0 format remodels drove a 25% sales lift in those specific units.

For the premium, classic footwear and accessories for affluent customers (Johnston & Murphy), the value proposition centers on quality and brand association. While the brand saw a 6% sales decrease in Fiscal 2025, trends improved in the third quarter of Fiscal 2026 with a 3% increase in net sales. A concrete example of reinforcing this premium image was the announcement on October 1, 2025, that Peyton Manning was named the Brand Ambassador.

Genesco Inc. offers a curated, multi-brand assortment in engaging retail defintely environments. As of late 2025, the company operated approximately 1,250 retail stores across its brands. The digital channel is a significant part of the offering; in the fourth quarter of Fiscal 2025, e-commerce sales represented 30% of total retail sales. The brand-specific environments are a value add, with Journeys incorporating themed store environments and music-driven branding to connect with cultural trends.

Omnichannel convenience is a non-negotiable part of the value proposition, blending physical and digital access. Across Fiscal 2025, Genesco's comparable e-commerce sales increased by 12%. In the fourth quarter of Fiscal 2025, digital comparable sales specifically rose 18% year-over-year. The company supports this with tools like BOPIS (Buy Online, Pick Up In-Store) to enhance convenience. Schuh, for instance, emphasizes smooth transitions between online browsing and in-store fulfillment.

The final component is access to exclusive and limited-edition product drops, managed through inventory and brand strategy. The focus on full-priced selling at Journeys suggests successful management of demand for key products. The company is actively managing its portfolio, including completing the Levi's brand liquidation by the end of Fiscal 2026. This strategic product lifecycle management is supported by digital platforms that enhance product discovery.

Here is a snapshot comparing the digital adoption across recent periods:

Metric	Q4 Fiscal 2025	Fiscal 2025 (Full Year)	Q1 Fiscal 2026	Q3 Fiscal 2026
E-commerce Sales as % of Retail Sales	30%	25%	23%	23%
Comparable E-commerce Sales Growth (YoY)	18%	12%	7%	Declined 3% (on top of 15% growth previous year)

The overall retail footprint is supported by the company's scale, which includes approximately 1,250 retail stores as of the third quarter of Fiscal 2026.

Genesco Inc. (GCO) - Canvas Business Model: Customer Relationships

You're looking at how Genesco Inc. keeps customers engaged across its portfolio of brands, which is a mix of physical presence and digital reach. The relationships are primarily built on direct, transactional exchanges, but they layer on loyalty mechanics to encourage repeat business.

The core of the sales model is transactional sales, happening both in stores and online. For the full Fiscal 2025 year, Genesco Inc. reported total net sales of $2.3 billion. This was supported by a 3% increase in total comparable sales, though store comparable sales were flat for the year, while e-commerce comparable sales grew by 12%. This shift shows digital channels are a key driver of relationship maintenance and growth.

Metric	Fiscal 2025 Full Year Data	Q3 Fiscal 2025 Data Snapshot
Total Net Sales	$2.3 billion	$616.2 million
Total Comparable Sales Growth	3% increase	6% increase
Comparable Store Sales Growth	Flat	4% increase
Comparable E-commerce Sales Growth	12% increase	15% increase
E-commerce Sales as % of Retail Sales	25%	24%
Total Retail Locations (as of Q3 end)	N/A	1,245

For the latest snapshot in Q3 Fiscal 2025, the momentum was clearly in digital, with e-commerce comparable sales up 15% against a 4% increase in comparable store sales, with e-commerce making up 24% of retail sales. The company is actively managing its physical footprint, ending Q3 Fiscal 2025 with 1,245 retail locations.

Loyalty programs are specifically used to drive repeat purchases, most notably through the Journeys brand's All Access program. This is structured to reward spending with tiered benefits, clearly defining the path to higher engagement. Here are the mechanics of that program:

• General Admission: Earn 10 points per dollar spent.
• Front Row Tier: Earned after $200+ spend within 12 months.
• Ultimate Access Tier: Earned after $500+ spend within 12 months.
• Ultimate Access Benefit: Earn 2x the points per dollar spent (i.e., 20 points per dollar).
• Key Perk: Members receive Free ground shipping all day, every day.

The relationship with the customer in-store is intended to be high-touch, particularly within the style-focused Journeys banner, which targets the style-led teen. The CEO noted that when consumers shop for footwear, they are increasingly choosing Journeys, reinforcing the strategy of elevating the consumer experience and product assortment. While specific data on associate training hours or customer satisfaction scores related to in-store service isn't public, the focus on product elevation suggests an investment in knowledgeable staff to facilitate these premium transactions.

Digital engagement is managed through branded e-commerce websites and social media presence across platforms like TikTok, Pinterest, Instagram, Facebook, and YouTube for the Journeys brand alone. The company uses personalized email marketing to communicate rewards and offers, as points earned in the loyalty program are unlocked and available within 24 hours of purchase, which helps keep the digital relationship immediate and responsive. The 15% comparable e-commerce sales increase in Q3 Fiscal 2025 shows this digital engagement is translating to sales.

Finance: review Q4 inventory turnover against the $558.1 million inventory level reported at the end of Q3 Fiscal 2025 by Friday.

Genesco Inc. (GCO) - Canvas Business Model: Channels

You're looking at how Genesco Inc. gets its product to the customer, and honestly, the story for late 2025 is a clear pivot to digital while managing a large physical footprint. The company relies on a mix of owned retail, digital storefronts, and wholesale relationships to move its footwear and accessories.

The branded e-commerce websites are a major growth engine. For the full Fiscal 2025 year, comparable sales for e-commerce were up a solid 12%, which is significant when total comparable sales for the year were only up 3%. This digital strength means e-commerce represented 25% of total retail sales for FY25, up from 23% the prior year. To be fair, the fourth quarter showed even stronger digital momentum, with e-commerce comparable sales increasing by 18%.

The physical retail stores remain a core part of the strategy, though the fleet is actively being optimized. At the close of Fiscal 2025, on February 1, 2025, Genesco Inc. operated 1,278 retail footwear, apparel and accessory stores. This network spans the US, UK, and Canada, reflecting the geographic reach of key brands like Journeys, Little Burgundy, and Schuh.

Here's a quick breakdown of the physical channel footprint as reported at the end of FY25:

Channel Metric	Data Point	Source/Context
Total Retail Stores (as of Feb 1, 2025)	1,278	Total owned stores across all banners
Canada Stores (as of Feb 1, 2025)	65	Footwear stores in Canada
UK and ROI Stores (as of Feb 1, 2025)	124	Footwear stores in the United Kingdom and Republic of Ireland
FY25 Store Comparable Sales Growth	Flat (0%)	Stores were flat compared to the prior year
FY25 Total Net Sales	$2.3 billion	Total net sales for the 52-week Fiscal 2025 period

Mobile applications are part of the omnichannel capability Genesco Inc. touts, helping to create seamless shopping experiences, though specific usage statistics for late 2025 weren't explicitly detailed in the latest reports. You can assume they are integrated into the digital sales figures already mentioned.

The wholesale distribution network supports the Genesco Brands Group, which designs and sources licensed footwear. This channel serves a broad base of external retailers. For instance, the company sells certain footwear brands to over 950 retail accounts in the United States, including department, discount, and specialty stores. While FY25 saw lower overall wholesale sales, the third quarter of Fiscal 2025 did report an increase in wholesale sales.

The key channel dynamics for Genesco Inc. as of the end of Fiscal 2025 include:

• Branded e-commerce comparable sales growth of 12% for FY25.
• Total physical store count at 1,278 locations.
• Wholesale distribution reaching over 950 external retail accounts.
• E-commerce penetration reaching 25% of retail sales in FY25.

Finance: draft 13-week cash view by Friday.

Genesco Inc. (GCO) - Canvas Business Model: Customer Segments

Genesco Inc. serves distinct customer groups through its primary retail banners and wholesale channels, with total net sales for Fiscal 2025 recorded at approximately $2.3 billion.

The core customer segments targeted by Genesco Inc. include:

• Teens, kids, and young adults seeking fashion footwear: This group is primarily served by the Journeys Group, which includes the Journeys, Journeys Kidz, and Little Burgundy brands, and the Schuh Group, which targets consumers aged 16 to 24.
• Affluent men and women buying premium apparel and footwear: This segment is addressed by the Johnston & Murphy Group, which operates retail shops and factory stores across the United States.
• Consumers in the US, Canada, and the UK/Republic of Ireland: For the first quarter of Fiscal 2026, net sales in North America accounted for 80% of total net sales, while the U.K. accounted for 20%. The Johnston & Murphy Group closed its five Canadian stores at the end of Fiscal 2025.
• Leading national retailers (wholesale customers): This channel is a component of the overall revenue base, which saw decreased wholesale sales in Fiscal 2025 compared to the prior year.

The shift in consumer purchasing behavior is evident in the channel mix across the retail segments. E-commerce sales represented 25% of total retail sales for the full Fiscal 2025 year, an increase from 23% in the prior year. In the fourth quarter of Fiscal 2025, e-commerce sales specifically grew by 18% and represented 30% of retail sales.

Performance across the major retail segments in Fiscal 2025, compared to Fiscal 2024, shows the relative strength of the teen-focused business:

Customer Segment Driver	Fiscal 2025 Sales Change vs. FY2024
Journeys Group	Increased 3%
Schuh Group	Flat
Johnston & Murphy Group	Decreased 6%
Genesco Brands Group	Decreased 11%

The company's focus on the style-led teen customer, primarily through Journeys, is reinforced by its Q3 Fiscal 2026 results, where Journeys comparable sales increased 6%. In contrast, the U.K. market, served by Schuh, is noted as ongoingly difficult, leading to moderated growth projections.

Genesco Inc. (GCO) - Canvas Business Model: Cost Structure

You're looking at the cost side of Genesco Inc. (GCO) for fiscal year 2025 (FY25), and honestly, it's dominated by the cost of the product itself and running the stores.

The largest component of cost is the Cost of Goods Sold (COGS). Based on the reported FY25 Gross Margin of 47.2%, the COGS represented approximately 52.8% of the total net sales of $2.3 billion for the year. This translates to roughly $1.2144 billion spent on acquiring the inventory sold.

Next up are the operating expenses, primarily captured in Selling and administrative expenses (S&A). For the full Fiscal 2025, S&A was reported at 46.4% of sales, which is about $1.0672 billion against the $2.3 billion in net sales. This figure reflects a slight improvement, decreasing by 10 basis points from the prior year's 46.5%.

The structure of those S&A costs is heavily weighted toward the physical footprint and the people who run it. Genesco Inc. supported approximately 18,000 employees across its operations as of FY25. A significant portion of the S&A is tied up in store occupancy costs, which the company actively managed, as evidenced by the reported decrease in occupancy costs contributing to the S&A percentage improvement in FY25.

Here's a breakdown of the key cost structure elements based on FY25 reporting:

Cost Element	Percentage of FY25 Sales	Approximate Dollar Amount (Based on $2.3B Sales)
Cost of Goods Sold (COGS)	52.8%	$1.2144 Billion
Selling and Administrative Expenses (S&A)	46.4%	$1.0672 Billion
Gross Margin	47.2%	$1.0876 Billion

Within the S&A bucket, you see ongoing investment and pressure points:

• Store occupancy costs, which saw a decrease as a percentage of sales in FY25.
• Payroll costs, supporting around 18,000 employees.
• Increased selling salaries, which partially offset the savings from lower occupancy costs.

The company also allocates resources to marketing and promotional spend to keep traffic flowing. The FY25 results noted increased marketing expenses as a factor that partially offset the overall decrease in the S&A percentage. Furthermore, the gross margin performance was impacted by increased promotional activity at certain banners like Schuh.

Finally, Capital expenditures (CapEx) are necessary to maintain and modernize the retail base. While specific CapEx figures aren't detailed here, the company noted critical lighting upgrades at distribution centers and stores to improve energy efficiency and lower costs. The company's ability to conduct required remodeling or refurbishment on schedule and at expected expense levels remains a key operational consideration.

The major cost drivers for Genesco Inc. in FY25 were:

• The direct cost of footwear and accessories inventory, making up over half of sales.
• The fixed and variable costs associated with maintaining over 1,275 retail locations.
• Salaries and incentives for the 18,000-person workforce.

Finance: draft the 13-week cash flow view incorporating the $1.2144B COGS run rate by Friday.

Genesco Inc. (GCO) - Canvas Business Model: Revenue Streams

You're looking at the core ways Genesco Inc. brings in money, which is heavily weighted toward selling footwear directly to the consumer. For Fiscal Year 2025, the company reported Total Net Sales of approximately $2.3 billion. This figure represents a flat performance compared to the prior year, but that headline number masks significant internal shifts in how that revenue was generated.

The primary revenue streams flow from the sale of footwear, apparel, and accessories across its four distinct operating segments. The company emphasizes its omnichannel capabilities, meaning sales are captured through both physical locations and digital channels.

The digital channel is definitely a key growth driver. For FY25, Genesco Inc. reported $539 million in digital revenue as part of its omnichannel strategy. This digital component represented 25% of total retail sales for the full fiscal year 2025. The growth in this area is clear when you look at comparable sales metrics for the year: total comparable sales increased by 3%, driven by a 12% increase in e-commerce comparable sales, while comparable store sales were flat.

The revenue generation is segmented across the business, with performance varying significantly by group. The Journeys Group remains the largest contributor, while the wholesale-focused Genesco Brands Group saw a decline. Here is a look at the revenue performance by segment for Fiscal Year 2025:

Revenue Stream / Segment	FY2025 Sales Change vs FY2024	Primary Channel Focus
Journeys Group	+3%	Retail (Teens/Young Adults)
Schuh Group	Flat (0%)	Retail (U.K. Teens/Young Adults)
Johnston & Murphy Group	-6%	Retail (Premium Footwear/Apparel)
Genesco Brands Group	-11%	Wholesale (Licensed Footwear)

The revenue from retail sales from physical store locations remains substantial, though comparable store sales were flat for the full year. The company operates over 1,275+/- retail footwear stores as of late 2025. The wholesale revenue from Genesco Brands Group, which designs and sources licensed footwear for brands like Levi's and Dockers, saw a year-over-year decrease in sales of 11% for the fiscal year.

The product mix contributing to these revenue streams is heavily weighted toward footwear, but also includes apparel and accessories, particularly through the Johnston & Murphy Group.

• Retail sales from physical store locations.
• E-commerce sales, which accounted for 25% of retail sales in FY25.
• Wholesale revenue from the Genesco Brands Group.
• Total Net Sales of approximately $2.3 billion in Fiscal Year 2025.
• Sales of footwear, apparel, and accessories across four segments.