XML 36 R28.htm IDEA: XBRL DOCUMENT
v3.26.1

Business Segment Information | 12 Months Ended
--- | ---
Jan. 31, 2026
Segment Reporting [Abstract] |
Business Segment Information | Note 16 Business Segment Information The accounting policies of the segments are the same as those described in the summary of significant accounting policies. Our reportable segments are based on management's organization of the segments in order to make operating decisions and assess performance along types of products sold. Journeys Group and Schuh Group sell primarily branded products from other companies while Johnston & Murphy Group and Genesco Brands Group sell primarily our owned and licensed brands. Our chief operating decision maker ("CODM") is our President and Chief Executive Officer. The CODM assesses performance of and allocates resources to each business segment based on segment results without allocating corporate expenses. These corporate expenses include corporate overhead, bank fees, interest expense, interest income, goodwill impairment, asset impairment charges and other, including severance, insurance gains, a gain on the termination of the pension plan, major litigation and major lease terminations. Reconciling items between segment operating income (loss) and earnings (loss) from continuing operations consist of unallocated corporate expenses. The CODM uses segment operating income (loss) as a measure of profit or loss. The measure of segment assets is reported on our Consolidated Balance Sheets as total assets. Corporate assets include cash, domestic prepaid rent expense, prepaid income taxes, deferred income taxes, deferred note expense on revolver debt, corporate fixed assets, corporate operating lease right of use assets and miscellaneous investments.
Fiscal 2026 |  |  |  |  |  |  |  |  |  |
(In thousands) | Journeys Group |  | Schuh Group |  | Johnston & Murphy Group |  | Genesco Brands Group |  | Consolidated |
Net sales to external customers(1) | $ | 1,494,649 |  | $ | 500,022 |  | $ | 320,199 |  | $ | 121,226 |  | $ | 2,436,096 |
Cost of sales |  | 764,615 |  |  | 304,544 |  |  | 148,727 |  |  | 91,360 |  |  |
Selling and administrative expenses |  | 669,544 |  |  | 200,023 |  |  | 166,884 |  |  | 29,932 |  |  |
Segment operating income (loss) | $ | 60,490 |  | $ | (4,545 | ) | $ | 4,588 |  | $ | (66 | ) | $ | 60,467 |
Unallocated selling and administrative expenses |  |  |  |  |  |  |  |  |  | 35,085 |
Asset impairments and other(2) |  |  |  |  |  |  |  |  |  | 8,068 |
Operating income |  |  |  |  |  |  |  |  |  | 17,314 |
Other components of net periodic benefit cost |  |  |  |  |  |  |  |  |  | 625 |
Interest expense, net |  |  |  |  |  |  |  |  |  | 4,098 |
Earnings from continuing operations before income taxes |  |  |  |  |  |  |  |  | $ | 12,591 |
(1) Net sales in North America and in the United Kingdom, which includes the Republic of Ireland, accounted for 79% and 21%, respectively, of our net sales for Fiscal 2026. (2) Asset impairments and other includes a $3.9 million charge for store restructuring, including $3.6 million in Journeys Group and $0.3 million in Schuh Group, $2.9 million for costs associated with information technology transformation, $0.7 million charge for asset impairments in Schuh Group and $0.6 million for severance. Note 16 Business Segment Information, Continued
Fiscal 2026 |  |  |  |  |  |  |  |  |  |  |  |  |  |
(In thousands) | Journeys Group |  | Schuh Group |  | Johnston & Murphy Group |  | Genesco Brands Group |  | Reportable Segment Total |  | Corporate & Other |  | Consolidated |
Total assets at fiscal year end(1) | $ | 723,202 |  | $ | 192,674 |  | $ | 210,818 |  | $ | 48,610 |  | $ | 1,175,304 |  | $ | 217,674 |  | $ | 1,392,978 |
Depreciation and amortization |  | 32,857 |  |  | 8,099 |  |  | 7,097 |  |  | 1,382 |  |  | 49,435 |  |  | 3,890 |  |  | 53,325 |
Capital expenditures |  | 36,772 |  |  | 8,330 |  |  | 15,564 |  |  | 471 |  |  | 61,137 |  |  | 917 |  |  | 62,054 |
(1) Of our $710.5 million of long-lived assets, $85.7 million and $15.1 million relate to long-lived assets in the U.K. and Canada, respectively.
Fiscal 2025 |  |  |  |  |  |  |  |  |  |
(In thousands) | Journeys Group |  | Schuh Group |  | Johnston & Murphy Group |  | Genesco Brands Group |  | Consolidated |
Net sales to external customers(1) | $ | 1,398,922 |  | $ | 479,891 |  | $ | 320,208 |  | $ | 126,041 |  | $ | 2,325,062 |
Cost of sales |  | 715,723 |  |  | 280,395 |  |  | 148,461 |  |  | 83,670 |  |  |
Selling and administrative expenses |  | 656,854 |  |  | 189,297 |  |  | 163,331 |  |  | 35,565 |  |  |
Segment operating income | $ | 26,345 |  | $ | 10,199 |  | $ | 8,416 |  | $ | 6,806 |  | $ | 51,766 |
Unallocated selling and administrative expenses |  |  |  |  |  |  |  |  |  | 34,606 |
Asset impairments and other(2) |  |  |  |  |  |  |  |  |  | 3,235 |
Operating income |  |  |  |  |  |  |  |  |  | 13,925 |
Other components of net periodic benefit cost |  |  |  |  |  |  |  |  |  | 367 |
Interest expense, net |  |  |  |  |  |  |  |  |  | 4,250 |
Earnings from continuing operations before income taxes |  |  |  |  |  |  |  |  | $ | 9,308 |
(1) Net sales in North America and in the United Kingdom, which includes the Republic of Ireland, accounted for 79% and 21%, respectively, of our net sales for Fiscal 2025. (2) Asset impairments and other includes $1.8 million for severance and $1.4 million charge for asset impairments, of which $0.8 million is in Journeys Group and $0.6 million is in Schuh Group.
Fiscal 2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |
(In thousands) | Journeys Group |  | Schuh Group |  | Johnston & Murphy Group |  | Genesco Brands Group |  | Reportable Segment Total |  | Corporate & Other |  | Consolidated |
Total assets at fiscal year end(1) | $ | 673,560 |  | $ | 189,103 |  | $ | 183,118 |  | $ | 77,154 |  | $ | 1,122,935 |  | $ | 212,601 |  | $ | 1,335,536 |
Depreciation and amortization |  | 33,785 |  |  | 7,545 |  |  | 5,678 |  |  | 1,313 |  |  | 48,321 |  |  | 4,143 |  |  | 52,464 |
Capital expenditures |  | 20,478 |  |  | 9,223 |  |  | 9,555 |  |  | 785 |  |  | 40,041 |  |  | 1,091 |  |  | 41,132 |
(1) Of our $666.3 million of long-lived assets, $90.3 million and $9.3 million relate to long-lived assets in the U.K. and Canada, respectively. Note 16 Business Segment Information, Continued
Fiscal 2024 |  |  |  |  |  |  |  |  |  |
(In thousands) | Journeys Group |  | Schuh Group |  | Johnston & Murphy Group |  | Genesco Brands Group |  | Consolidated |
Net sales to external customers(1) | $ | 1,363,835 |  | $ | 480,164 |  | $ | 339,446 |  | $ | 141,179 |  | $ | 2,324,624 |
Cost of sales |  | 696,351 |  |  | 273,588 |  |  | 160,461 |  |  | 95,404 |  |  |
Selling and administrative expenses |  | 656,412 |  |  | 185,141 |  |  | 162,671 |  |  | 45,783 |  |  |
Segment operating income (loss) | $ | 11,072 |  | $ | 21,435 |  | $ | 16,314 |  | $ | (8 | ) | $ | 48,813 |
Unallocated selling and administrative expenses |  |  |  |  |  |  |  |  |  | 32,033 |
Goodwill impairment (2) |  |  |  |  |  |  |  |  |  | 28,453 |
Asset impairments and other(3) |  |  |  |  |  |  |  |  |  | 1,787 |
Operating loss |  |  |  |  |  |  |  |  |  | (13,460 | )
Other components of net periodic benefit cost |  |  |  |  |  |  |  |  |  | 537 |
Interest expense, net |  |  |  |  |  |  |  |  |  | 7,777 |
Loss from continuing operations before income taxes |  |  |  |  |  |  |  |  | $ | (21,774 | )
(1) Net sales in North America and in the United Kingdom, which includes the Republic of Ireland, accounted for 79% and 21%, respectively, of our net sales for Fiscal 2024. (2) Goodwill impairment of $28.5 million is related to Genesco Brands Group. (3) Asset impairments and other includes $1.1 million for severance and $1.0 million charge for asset impairments in Journeys Group, partially offset by a $0.3 million insurance gain.
Fiscal 2024 |  |  |  |  |  |  |  |  |  |  |  |  |  |
(In thousands) | Journeys Group |  | Schuh Group |  | Johnston & Murphy Group |  | Genesco Brands Group |  | Reportable Segment Total |  | Corporate & Other |  | Consolidated |
Total assets at fiscal year end(1) | $ | 659,150 |  | $ | 200,482 |  | $ | 165,217 |  | $ | 59,630 |  | $ | 1,084,479 |  | $ | 245,411 |  | $ | 1,329,890 |
Depreciation and amortization |  | 32,419 |  |  | 6,636 |  |  | 5,113 |  |  | 984 |  |  | 45,152 |  |  | 4,289 |  |  | 49,441 |
Capital expenditures |  | 38,093 |  |  | 12,183 |  |  | 6,785 |  |  | 2,214 |  |  | 59,275 |  |  | 1,028 |  |  | 60,303 |
(1) Of our $677.2 million of long-lived assets, $89.4 million and $12.3 million relate to long-lived assets in the U.K. and Canada, respectively.

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-21 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-21 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-32 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-31 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 15 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-15 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 42 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-42 Reference 7: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 48 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-48 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-32 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 270 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (i) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482964/270-10-50-1 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (ee) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-32 Reference 11: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-32 Reference 12: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 54 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-54 Reference 13: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 47 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-47 Reference 14: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 54 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-54 Reference 15: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 47 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-47 Reference 16: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 54 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-54 Reference 17: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 47 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-47 Reference 18: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 19: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 34 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-34 Reference 20: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 26C -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-26C Reference 21: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 26B -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-26B Reference 22: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 40 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-40 Reference 23: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/280/tableOfContent Reference 24: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 26 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-26 Reference 25: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 41 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-41 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration