Genesco (GCO) 10-Q 8 Jun 23 2024 Q1 Quarterly report Financial data

Cover Page

Cover Page - shares	3 Months Ended
	Apr. 29, 2023	May 26, 2023
Entity Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Apr. 29, 2023
Document Transition Report	false
Entity File Number	1-3083
Entity Registrant Name	Genesco Inc
Entity Incorporation, State or Country Code	TN
Entity Tax Identification Number	62-0211340
Entity Address, Address Line One	535 Marriott Drive
Entity Address, City or Town	Nashville
Entity Address, State or Province	TN
Entity Address, Postal Zip Code	37214
City Area Code	615
Local Phone Number	367-7000
Title of 12(b) Security	Common Stock, $1.00 par value
Trading Symbol	GCO
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock Shares Outstanding		12,563,156
Entity Central Index Key	0000018498
Amendment Flag	false
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q1
Current Fiscal Year End Date	--02-03

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Apr. 29, 2023		Jan. 28, 2023	Apr. 30, 2022
Current Assets:
Cash	$ 31,786		$ 47,990	$ 200,623
Accounts receivable, net of allowances of $4,051 at April 29, 2023, $3,710 at January 28, 2023 and $5,074 at April 30, 2022	54,068		40,818	48,868
Inventories	470,763		458,017	401,479
Prepaids and other current assets	42,325		25,844	74,609
Total current assets	598,942		572,669	725,579
Property and equipment, net	239,120		233,733	219,421
Operating lease right of use assets	477,962		470,991	508,986
Non-current prepaid income taxes	54,567		54,111	0
Goodwill	37,928		38,123	38,487
Other intangibles	27,538		27,430	28,298
Deferred income taxes	28,729		28,563	4,269
Other noncurrent assets	30,526		30,806	23,402
Total Assets	1,495,312	[1]	1,456,426	1,548,442	[2]
Current Liabilities:
Accounts payable	143,814		144,998	243,224
Current portion - operating lease liabilities	131,830		134,458	137,770
Other accrued liabilities	75,992		81,327	83,882
Total current liabilities	351,636		360,783	464,876
Long-term debt	118,151		44,858	14,712
Long-term operating lease liabilities	399,374		401,113	430,606
Other long-term liabilities	43,526		42,706	37,910
Total liabilities	912,687		849,460	948,104
Commitments and contingent liabilities
Equity
Non-redeemable preferred stock	812		815	818
Common equity:
Common stock, $1 par value: Authorized; 80,000,000 shares Issued common stock	13,052		13,089	14,217
Additional paid-in capital	308,817		305,260	294,628
Retained earnings	318,538		346,870	348,757
Accumulated other comprehensive loss	(40,737)		(41,211)	(40,225)
Treasury shares, at cost (488,464 shares)	(17,857)		(17,857)	(17,857)
Total equity	582,625		606,966	600,338
Total Liabilities and Equity	$ 1,495,312		$ 1,456,426	$ 1,548,442
[1] Of our $ 717.1 million of long-lived assets, $ 91.2 million and $ 15.4 million relate to long-lived assets in the U.K. and Canada, respectively. Of our $ 728.4 million of long-lived assets, $ 96.9 million and $ 23.4 million relate to long-lived assets in the U.K. and Canada, respectively.

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Apr. 29, 2023	Jan. 28, 2023	Apr. 30, 2022
Current Assets:
Allowances on accounts receivable	$ 4,051	$ 3,710	$ 5,074
Common equity:
Common stock, par value (in dollars per share)	$ 1	$ 1	$ 1
Common stock, shares authorized (in shares)	80,000,000	80,000,000	80,000,000
Treasury shares, at cost (in shares)	488,464	488,464	488,464

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Apr. 29, 2023		Apr. 30, 2022
Income Statement [Abstract]
Net sales	$ 483,332	[1]	$ 520,748	[2]
Cost of sales	254,524		269,304
Gross margin	228,808		251,444
Selling and administrative expenses	251,497		243,481
Asset impairments and other, net	308	[3]	(283)	[4]
Operating income (loss)	(22,997)		8,246
Other components of net periodic benefit cost	92		98
Interest expense, net	1,651		297
Earnings (loss) from continuing operations before income taxes	(24,740)		7,851
Income tax expense (benefit)	(5,865)		2,882
Earnings (loss) from continuing operations	(18,875)		4,969
Loss from discontinued operations, net of tax	(15)		(22)
Net Earnings (Loss)	$ (18,890)		$ 4,947
Basic earnings (loss) per common share:
Continuing operations (in dollars per share)	$ (1.60)		$ 0.38
Discontinued operations (in dollars per share)	0		0
Net earnings (loss) (in dollars per share)	(1.60)		0.38
Diluted earnings (loss) per common share:
Continuing operations (in dollars per share)	(1.60)		0.37
Discontinued operations (in dollars per share)	0		0
Net earnings (loss) (in dollars per share)	$ (1.60)		$ 0.37
Weighted average shares outstanding:
Basic (in shares)	11,818		12,961
Diluted (in shares)	11,818		13,369
[1] Net sales in North America and in the United Kingdom, which includes the Republic of Ireland, accounted for 81 % and 19 % , respectively, of our net sales in the first quarter of Fiscal 2024. Net sales in North America and in the United Kingdom, which includes the Republic of Ireland, accounted for 83 % and 17 % , respectively, of our net sales for the first quarter of Fiscal 2023. Asset impairments and other includes a $ 0.3 million charge for asset impairments in Journeys Group. Asset impairments and other includes a $ 0.7 million gain on the termination of the pension plan, partially offset by a $ 0.4 million charge for asset impairments, which includes $ 0.2 million in Journeys Group and $ 0.2 million in Schuh Group.

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	3 Months Ended
	Apr. 29, 2023	Apr. 30, 2022
Statement of Comprehensive Income [Abstract]
Net earnings (loss)	$ (18,890)	$ 4,947
Other comprehensive income (loss):
Postretirement liability adjustments, net of tax	29	50
Foreign currency translation adjustments	445	(3,867)
Total other comprehensive income (loss)	474	(3,817)
Comprehensive Income (Loss)	$ (18,416)	$ 1,130

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Apr. 29, 2023	Apr. 30, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:
Net earnings (loss)	$ (18,890)	$ 4,947
Adjustments to reconcile net earnings to net cash provided by (used in) operating activities:
Depreciation and amortization	11,286	10,551
Deferred income taxes	16	(2,820)
Impairment of long-lived assets	308	413
Share-based compensation expense	3,772	3,239
Other	315	499
Changes in working capital and other assets and liabilities, net of acquisitions/dispositions:
Accounts receivable	(13,367)	(9,977)
Inventories	(11,789)	(126,674)
Prepaids and other current assets	(16,364)	(3,490)
Accounts payable	359	92,061
Other accrued liabilities	(4,843)	(44,194)
Other assets and liabilities	(11,248)	(16,622)
Net cash used in operating activities	(60,445)	(92,067)
CASH FLOWS FROM INVESTING ACTIVITIES:
Capital expenditures	(17,235)	(15,397)
Proceeds from asset sales	87	0
Net cash used in investing activities	(17,148)	(15,397)
CASH FLOWS FROM FINANCING ACTIVITIES:
Borrowings under revolving credit facility	152,569	2,609
Payments on revolving credit facility	(79,469)	(2,609)
Shares repurchased related to share repurchase plan	(9,170)	(11,280)
Shares repurchased related to taxes for share-based awards	(449)	0
Change in overdraft balances	(1,698)	0
Other	0	(2)
Net cash provided by (used in) financing activities	61,783	(11,282)
Effect of foreign exchange rate fluctuations on cash	(394)	(1,156)
Net decrease in cash and cash equivalents	(16,204)	(119,902)
Cash and cash equivalents at beginning of period	47,990	320,525
Cash and cash equivalents at end of period	31,786	200,623
Supplemental information:
Interest paid	1,147	327
Income taxes paid	626	225
Cash paid for amounts included in measurement of operating lease liabilities	52,963	57,278
Operating lease assets obtained in exchange for new operating lease liabilities	$ 50,199	$ 13,935

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Equity - USD ($) $ in Thousands	Total	Non-Redeemable Preferred Stock	Common Stock	Additional Paid-In Capital	Retained Earnings	Accumulated Other Comprehensive Loss	Treasury Shares
Beginning balance at Jan. 29, 2022	$ 602,468	$ 827	$ 14,256	$ 291,444	$ 350,206	$ (36,408)	$ (17,857)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings (loss)	4,947				4,947
Other comprehensive income (loss)	(3,817)					(3,817)
Share-based compensation expense	3,239			3,239
Restricted stock issuance			78	(78)
Shares repurchased	(6,500)		(104)		(6,396)
Other	1	(9)	(13)	23
Ending balance at Apr. 30, 2022	600,338	818	14,217	294,628	348,757	(40,225)	(17,857)
Beginning balance at Jan. 28, 2023	606,966	815	13,089	305,260	346,870	(41,211)	(17,857)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings (loss)	(18,890)				(18,890)
Other comprehensive income (loss)	474					474
Share-based compensation expense	3,772			3,772
Restricted stock issuance			234	(234)
Restricted shares withheld for taxes	(449)		(13)	13	(449)
Shares repurchased	(9,170)		(255)		(8,915)
Other	(78)	(3)	(3)	6	(78)
Ending balance at Apr. 29, 2023	$ 582,625	$ 812	$ 13,052	$ 308,817	$ 318,538	$ (40,737)	$ (17,857)

Summary of Significant Accounti

Summary of Significant Accounting Policies	3 Months Ended
	Apr. 29, 2023
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note 1 Summary of Sig nificant Accounting Policies Basis of Presentation These Condensed Consolidated Financial Statements should be read in conjunction with our Consolidated Financial Statements and Notes for Fiscal 2023, which are contained in our Annual Report on Form 10-K as filed with the SEC on March 22, 2023. The Condensed Consolidated Financial Statements and Notes contained in this report are unaudited but reflect all adjustments, including normal recurring adjustments, necessary for a fair presentation of the results for the interim periods of the fiscal year ending February 3, 2024 ("Fiscal 2024"), which is a 53-week year, and of the fiscal year ended January 28, 2023 ("Fiscal 2023"). All subsidiaries are consolidated in the Condensed Consolidated Financial Statements. All significant intercompany transactions and accounts have been eliminated. The results of operations for any interim period are not necessarily indicative of results for the full year. The Condensed Consolidated Financial Statements and the related Notes have been prepared in accordance with the instructions to Form 10-Q and do not include all of the information and notes required by U.S. Generally Accepted Accounting Principles (“GAAP”) for complete financial statements. The Condensed Consolidated Balance Sheet as of January 28, 2023 has been derived from the audited financial statements at that date. Nature of Operations Genesco Inc. and its subsidiaries (collectively the "Company", "Genesco," "we", "our", or "us") business includes the sourcing and design, marketing and distribution of footwear and accessories through retail stores in the U.S., Puerto Rico and Canada primarily under the Journeys ® , Journeys Kidz ® , Little Burgundy ® and Johnston & Murphy ® banners and under the Schuh ® banner in the United Kingdom (“U.K.”) and the Republic of Ireland (“ROI”); through catalogs and e-commerce websites including the following: journeys.com, journeyskidz.com, journeys.ca, littleburgundyshoes.com, schuh.co.uk, schuh.ie, schuh.eu, johnstonmurphy.com, johnstonmurphy.ca, nashvilleshoewarehouse.com and dockersshoes.com and at wholesale, primarily under our Johnston & Murphy brand, the licensed Levi's ® brand, the licensed Dockers ® brand, the licensed G.H. Bass ® brand and other brands that we license for footwear. At April 29, 2023, we operated 1,396 retail stores in the U.S., Puerto Rico, Canada, the U.K. and the ROI. During the three months ended April 29, 2023 and April 30, 2022, we operated four reportable business segments (not including corporate): (i) Journeys Group, comprised of the Journeys, Journeys Kidz and Little Burgundy retail footwear chains and e-commerce operations; (ii) Schuh Group, comprised of the Schuh retail footwear chain and e-commerce operations; (iii) Johnston & Murphy Group, comprised of Johnston & Murphy retail operations, e-commerce operations and wholesale distribution of products under the Johnston & Murphy brand; and (iv) Genesco Brands Group, comprised of the licensed Dockers, Levi's, and G.H. Bass brands, as well as other brands we license for footwear. Cash and Cash Equivalents There were no cash equivalents as of April 29, 2023 and January 28, 2023. There were $ 95.0 million in cash equivalents as of April 30, 2022 which were invested in institutional money market funds which invest exclusively in highly rated, short-term securities that are issued, guaranteed or collateralized by the U.S. government or by U.S. government agencies and instrumentalities. Due to their short-term nature, the carrying amounts reported in the Condensed Consolidated Balance Sheets approximate the fair value of cash and cash equivalents. Selling and Administrative Expenses Wholesale costs of distribution are included in selling and administrative expenses on the Condensed Consolidated Statements of Operations in the amount of $ 3.5 million and $ 2.7 million for the first quarters of Fiscal 2024 and Fiscal 2023, respectively. Retail occupancy costs recorded in selling and administrative expense were $ 76.4 million and $ 78.5 million for the first quarters of Fiscal 2024 and Fiscal 2023, respectively. Advertising Costs Advertising costs were $ 23.6 million and $ 22.1 million for the first quarters of Fiscal 2024 and Fiscal 2023, respectively. Note 1 Summary of Significant Accounting Policies, Continued Vendor Allowances Vendor reimbursements of cooperative advertising costs recognized as a reduction of selling and administrative expenses were $ 4.7 million and $ 3.2 million for the first quarters of Fiscal 2024 and Fiscal 2023, respectively. During the first three months of each of Fiscal 2024 and Fiscal 2023, our cooperative advertising reimbursements received were not in excess of the costs incurred. New Accounting Pronouncements We do not currently have any new accounting pronouncements pending adoption.

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	3 Months Ended
	Apr. 29, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Other Intangible Assets	Note 2 Goodwill and Other Intangible Assets The changes in the carrying amount of goodwill by segment were as follows: (In thousands) Journeys Genesco Total Balance, January 28, 2023 $ 9,662 $ 28,461 $ 38,123 Effect of foreign currency exchange rates ( 192 ) ( 3 ) ( 195 ) Balance, April 29, 2023 $ 9,470 $ 28,458 $ 37,928 Goodwill Valuation (Genesco Brands Group) We are currently in communication with a licensor regarding renewal of a Genesco Brands Group license. The carrying value of the Togast Goodwill within the Genesco Brands Group assumes current licenses are renewed in normal course. In the event a material license is not renewed, that may be considered an indicator of impairment and requiring assessment whether it is “more likely than not” that an impairment has occurred. Other intangibles by major classes were as follows: Trademarks Customer Lists Other Total (In thousands) Apr. 29, 2023 Jan. 28, Apr. 29, 2023 Jan. 28, Apr. 29, 2023 Jan. 28, Apr. 29, 2023 Jan. 28, Gross other intangibles $ 24,327 $ 24,077 $ 6,493 $ 6,475 $ 400 $ 400 $ 31,220 $ 30,952 Accumulated amortization — — ( 3,282 ) ( 3,122 ) ( 400 ) ( 400 ) ( 3,682 ) ( 3,522 ) Net Other Intangibles $ 24,327 $ 24,077 $ 3,211 $ 3,353 $ — $ — $ 27,538 $ 27,430

Asset Impairments and Other Cha

Asset Impairments and Other Charges	3 Months Ended
	Apr. 29, 2023
Asset Impairment Charges [Abstract]
Asset Impairments and Other Charges	Note 3 Asset Impairments and Other Charges We recorded pretax charges of $ 0.3 million in the first quarter of Fiscal 2024 for asset impairments. We recorded a pretax gain of $ 0.3 million in the first quarter of Fiscal 2023, including a gain of $ 0.7 million for the pension plan termination, partially offset by a $ 0.4 million asset impairment.

Inventories

Inventories	3 Months Ended
	Apr. 29, 2023
Inventory Disclosure [Abstract]
Inventories	Note 4 Inventories Inventories (In thousands) April 29, 2023 January 28, 2023 Wholesale finished goods $ 65,970 $ 84,209 Retail merchandise 404,793 373,808 Total Inventories $ 470,763 $ 458,017

Fair Value

Fair Value	3 Months Ended
	Apr. 29, 2023
Fair Value Disclosures [Abstract]
Fair Value	Note 5 Fair Value Fair Value of Financial Instruments The carrying amounts and fair values of our financial instruments at April 29, 2023 and January 28, 2023 are as follows: Fair Values (In thousands) April 29, 2023 January 28, 2023 Carrying Fair Carrying Fair U.S. Revolver Borrowings $ 102,944 $ 102,432 $ 30,000 $ 30,219 U.K. Revolver Borrowings 15,207 15,112 14,858 14,864 Total Long-Term Debt $ 118,151 $ 117,544 $ 44,858 $ 45,083 Debt fair values were determined using a discounted cash flow analysis based on current market interest rates for similar types of financial instruments and would be classified in Level 2 within the fair value hierarchy. As of April 29, 2023, we have $ 3.2 million of long-lived assets held and used which were measured using Level 3 inputs within the fair value hierarchy. As of April 29, 2023, we have $ 10.6 million of investments held and used which were measured using Level 1 inputs within the fair value hierarchy.

Earnings Per Share

Earnings Per Share	3 Months Ended
	Apr. 29, 2023
Earnings Per Share [Abstract]
Earnings Per Share	Note 6 Earnings Per Share Weighted-average number of shares used to calculate earnings per share are as follows: Three Months Ended (Shares in thousands) April 29, 2023 April 30, 2022 Weighted-average number of shares - basic 11,818 12,961 Common stock equivalents - 408 Weighted-average number of shares - diluted 11,818 13,369 Common stock equivalents of 239,000 shares are excluded for the three months ended April 29, 2023 due to the loss from continuing operations. We repurchased 255,000 shares during the first quarter of Fiscal 2024 at a cost of $ 9.2 million, or $ 35.96 per share. We have $ 25.0 million remaining as of April 29, 2023 under our expanded share repurchase authorization announced in February 2022. We repurchased 102,895 shares during the first quarter of Fiscal 2023 at a cost of $ 6.5 million, or $ 63.17 per share. We accrued $ 4.8 million of share repurchases in the fourth quarter of Fiscal 2022 due to timing of the cash settlement and it is included on the Condensed Consolidated Statements of Cash Flows for the three months ended April 30, 2022. During the second quarter of Fiscal 2024, through June 8, 2023, we have repurchased 197,477 shares at a cost of $ 3.7 million, or $ 18.51 per share.

Long-Term Debt

Long-Term Debt	3 Months Ended
	Apr. 29, 2023
Debt Disclosure [Abstract]
Long-Term Debt	Note 7 Long-Term Debt (In thousands) April 29, 2023 January 28, 2023 U.S. revolver borrowings $ 102,944 $ 30,000 U.K. revolver borrowings 15,207 14,858 Total long-term debt 118,151 44,858 Current portion — — Total Noncurrent Portion of Long-Term Debt $ 118,151 $ 44,858 The revolver borrowings outstanding under the Credit Facility as of April 29, 2023 included $ 98.9 million U.S. revolver borrowings, $ 15.2 million ( £ 12.1 million) related to Genesco (UK) Limited and $ 4.0 million (C $ 5.5 million) related to Genesco Canada ULC. We were in compliance with all the relevant terms and conditions of the Credit Facility and Facility Agreement as of April 29, 2023. Excess availability under the Credit Facility was $ 205.3 million at April 29, 2023.

Legal Proceedings

Legal Proceedings	3 Months Ended
	Apr. 29, 2023
Commitments and Contingencies Disclosure [Abstract]
Legal Proceedings	Note 8 Legal Proceedings Environmental Matters The Company has legacy obligations including environmental monitoring and reporting costs related to: (i) a 2016 Consent Judgment entered into with the United States Environmental Protection Agency involving the site of a knitting mill operated by a former subsidiary of ours from 1965 to 1969 in Garden City, New York; and (ii) a 2010 Consent Decree with the Michigan Department of Natural Resources and Environment relating to our former Volunteer Leather Company facility in Whitehall, Michigan. We do not expect that future obligations related to either of these sites will have a material effect on our consolidated financial condition or results of operations. Accrual for Environmental Contingencies Related to all outstanding environmental contingencies, we had accrued $ 1.7 million as of April 29, 2023 and January 28, 2023 and $ 1.4 million accrued as of April 30, 2022. All such provisions reflect our estimates of the most likely cost (undiscounted, including both current and noncurrent portions) of resolving the contingencies, based on facts and circumstances as of the time they were made. There is no assurance that relevant facts and circumstances will not change, necessitating future changes to the provisions. Such contingent liabilities are included in the liability arising from provision for discontinued operations on the accompanying Condensed Consolidated Balance Sheets because they relate to former facilities operated by us. We have made pretax accruals for certain of these contingencies which were not material for the first quarter of Fiscal 2024 or Fiscal 2023. These charges are included in loss from discontinued operations, net in the Condensed Consolidated Statements of Operations and represent changes in estimates. In addition to the matters specifically described in this Note, we are a party to other legal and regulatory proceedings and claims arising in the ordinary course of our business. While management does not believe that our liability with respect to any of these other matters is likely to have a material effect on our condensed consolidated financial statements, legal proceedings are subject to inherent uncertainties, and unfavorable rulings could have a material adverse impact on our condensed consolidated financial statements.

Commitments

Commitments	3 Months Ended
	Apr. 29, 2023
Commitments and Contingencies Disclosure [Abstract]
Commitments	Note 9 Commitments As part of our Genesco Brands Group business, we have a commitment to Samsung C&T America, Inc. (“Samsung”) related to the ultimate sale and valuation of inventories owned by Samsung. If product is sold below Samsung’s cost, we are required to pay to Samsung the difference between the sales price and its cost. At April 29, 2023, the inventory owned by Samsung had a historical cost of $ 15.9 million. As of April 29, 2023, we believe that we have appropriately accounted for any differences between the fair value of the Samsung inventory and Samsung's historical cost.

Business Segment Information

Business Segment Information	3 Months Ended
	Apr. 29, 2023
Segment Reporting [Abstract]
Business Segment Information	Note 10 Business Segment Information Three Months Ended April 29, 2023 ( In thousands) Journeys Schuh Johnston Genesco Brands Group Corporate Consolidated Sales $ 272,190 $ 93,105 $ 82,630 $ 35,864 $ — $ 483,789 Intercompany sales — — ( 3 ) ( 454 ) — ( 457 ) Net sales to external customers (1) 272,190 93,105 82,627 35,410 — 483,332 Segment operating income (loss) ( 18,362 ) ( 1,790 ) 4,806 ( 32 ) ( 7,311 ) ( 22,689 ) Asset impairments and other (2) — — — — 308 308 Operating income (loss) ( 18,362 ) ( 1,790 ) 4,806 ( 32 ) ( 7,619 ) ( 22,997 ) Other components of net periodic benefit cost — — — — 92 92 Interest expense, net — — — — 1,651 1,651 Earnings (loss) from continuing operations before income taxes $ ( 18,362 ) $ ( 1,790 ) $ 4,806 $ ( 32 ) $ ( 9,362 ) $ ( 24,740 ) Total assets (3) $ 765,064 $ 212,579 $ 187,247 $ 78,313 $ 252,109 $ 1,495,312 Depreciation and amortization 7,347 1,561 1,120 203 1,055 11,286 Capital expenditures 13,019 2,151 1,205 455 405 17,235 (1) Net sales in North America and in the United Kingdom, which includes the Republic of Ireland, accounted for 81 % and 19 % , respectively, of our net sales in the first quarter of Fiscal 2024. (2) Asset impairments and other includes a $ 0.3 million charge for asset impairments in Journeys Group. (3) Of our $ 717.1 million of long-lived assets, $ 91.2 million and $ 15.4 million relate to long-lived assets in the U.K. and Canada, respectively. Three Months Ended April 30, 2022 ( In thousands) Journeys Schuh Johnston Genesco Brands Group Corporate Consolidated Sales $ 314,445 $ 88,159 $ 71,016 $ 47,900 $ — $ 521,520 Intercompany sales — — — ( 772 ) — ( 772 ) Net sales to external customers (1) 314,445 88,159 71,016 47,128 — 520,748 Segment operating income (loss) 14,930 ( 2,746 ) 550 3,793 ( 8,564 ) 7,963 Asset impairments and other (2) — — — — ( 283 ) ( 283 ) Operating income (loss) 14,930 ( 2,746 ) 550 3,793 ( 8,281 ) 8,246 Other components of net periodic benefit cost — — — — 98 98 Interest expense, net — — — — 297 297 Earnings (loss) from continuing operations before income taxes $ 14,930 $ ( 2,746 ) $ 550 $ 3,793 $ ( 8,676 ) $ 7,851 Total assets (3) $ 766,780 $ 195,591 $ 146,914 $ 72,114 $ 367,043 $ 1,548,442 Depreciation and amortization 7,238 1,590 1,122 261 340 10,551 Capital expenditures 6,568 2,118 1,906 279 4,526 15,397 (1) Net sales in North America and in the United Kingdom, which includes the Republic of Ireland, accounted for 83 % and 17 % , respectively, of our net sales for the first quarter of Fiscal 2023. (2) Asset impairments and other includes a $ 0.7 million gain on the termination of the pension plan, partially offset by a $ 0.4 million charge for asset impairments, which includes $ 0.2 million in Journeys Group and $ 0.2 million in Schuh Group. (3) Of our $ 728.4 million of long-lived assets, $ 96.9 million and $ 23.4 million relate to long-lived assets in the U.K. and Canada, respectively.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Apr. 29, 2023
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation These Condensed Consolidated Financial Statements should be read in conjunction with our Consolidated Financial Statements and Notes for Fiscal 2023, which are contained in our Annual Report on Form 10-K as filed with the SEC on March 22, 2023. The Condensed Consolidated Financial Statements and Notes contained in this report are unaudited but reflect all adjustments, including normal recurring adjustments, necessary for a fair presentation of the results for the interim periods of the fiscal year ending February 3, 2024 ("Fiscal 2024"), which is a 53-week year, and of the fiscal year ended January 28, 2023 ("Fiscal 2023"). All subsidiaries are consolidated in the Condensed Consolidated Financial Statements. All significant intercompany transactions and accounts have been eliminated. The results of operations for any interim period are not necessarily indicative of results for the full year. The Condensed Consolidated Financial Statements and the related Notes have been prepared in accordance with the instructions to Form 10-Q and do not include all of the information and notes required by U.S. Generally Accepted Accounting Principles (“GAAP”) for complete financial statements. The Condensed Consolidated Balance Sheet as of January 28, 2023 has been derived from the audited financial statements at that date.
Nature of Operations	Nature of Operations Genesco Inc. and its subsidiaries (collectively the "Company", "Genesco," "we", "our", or "us") business includes the sourcing and design, marketing and distribution of footwear and accessories through retail stores in the U.S., Puerto Rico and Canada primarily under the Journeys ® , Journeys Kidz ® , Little Burgundy ® and Johnston & Murphy ® banners and under the Schuh ® banner in the United Kingdom (“U.K.”) and the Republic of Ireland (“ROI”); through catalogs and e-commerce websites including the following: journeys.com, journeyskidz.com, journeys.ca, littleburgundyshoes.com, schuh.co.uk, schuh.ie, schuh.eu, johnstonmurphy.com, johnstonmurphy.ca, nashvilleshoewarehouse.com and dockersshoes.com and at wholesale, primarily under our Johnston & Murphy brand, the licensed Levi's ® brand, the licensed Dockers ® brand, the licensed G.H. Bass ® brand and other brands that we license for footwear. At April 29, 2023, we operated 1,396 retail stores in the U.S., Puerto Rico, Canada, the U.K. and the ROI. During the three months ended April 29, 2023 and April 30, 2022, we operated four reportable business segments (not including corporate): (i) Journeys Group, comprised of the Journeys, Journeys Kidz and Little Burgundy retail footwear chains and e-commerce operations; (ii) Schuh Group, comprised of the Schuh retail footwear chain and e-commerce operations; (iii) Johnston & Murphy Group, comprised of Johnston & Murphy retail operations, e-commerce operations and wholesale distribution of products under the Johnston & Murphy brand; and (iv) Genesco Brands Group, comprised of the licensed Dockers, Levi's, and G.H. Bass brands, as well as other brands we license for footwear.
Cash and Cash Equivalents	Cash and Cash Equivalents There were no cash equivalents as of April 29, 2023 and January 28, 2023. There were $ 95.0 million in cash equivalents as of April 30, 2022 which were invested in institutional money market funds which invest exclusively in highly rated, short-term securities that are issued, guaranteed or collateralized by the U.S. government or by U.S. government agencies and instrumentalities. Due to their short-term nature, the carrying amounts reported in the Condensed Consolidated Balance Sheets approximate the fair value of cash and cash equivalents.
Selling and Administrative Expenses	Selling and Administrative Expenses Wholesale costs of distribution are included in selling and administrative expenses on the Condensed Consolidated Statements of Operations in the amount of $ 3.5 million and $ 2.7 million for the first quarters of Fiscal 2024 and Fiscal 2023, respectively. Retail occupancy costs recorded in selling and administrative expense were $ 76.4 million and $ 78.5 million for the first quarters of Fiscal 2024 and Fiscal 2023, respectively.
Advertising Costs	Advertising Costs Advertising costs were $ 23.6 million and $ 22.1 million for the first quarters of Fiscal 2024 and Fiscal 2023, respectively.
Vendor Allowances	Vendor Allowances Vendor reimbursements of cooperative advertising costs recognized as a reduction of selling and administrative expenses were $ 4.7 million and $ 3.2 million for the first quarters of Fiscal 2024 and Fiscal 2023, respectively. During the first three months of each of Fiscal 2024 and Fiscal 2023, our cooperative advertising reimbursements received were not in excess of the costs incurred.
New Accounting Pronouncements	New Accounting Pronouncements We do not currently have any new accounting pronouncements pending adoption.

Goodwill and Other Intangible_2

Goodwill and Other Intangible Assets (Tables)	3 Months Ended
	Apr. 29, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Summary of Changes in Carrying Amount of Goodwill by Segment	The changes in the carrying amount of goodwill by segment were as follows: (In thousands) Journeys Genesco Total Balance, January 28, 2023 $ 9,662 $ 28,461 $ 38,123 Effect of foreign currency exchange rates ( 192 ) ( 3 ) ( 195 ) Balance, April 29, 2023 $ 9,470 $ 28,458 $ 37,928
Summary of Other Intangible Assets	Other intangibles by major classes were as follows: Trademarks Customer Lists Other Total (In thousands) Apr. 29, 2023 Jan. 28, Apr. 29, 2023 Jan. 28, Apr. 29, 2023 Jan. 28, Apr. 29, 2023 Jan. 28, Gross other intangibles $ 24,327 $ 24,077 $ 6,493 $ 6,475 $ 400 $ 400 $ 31,220 $ 30,952 Accumulated amortization — — ( 3,282 ) ( 3,122 ) ( 400 ) ( 400 ) ( 3,682 ) ( 3,522 ) Net Other Intangibles $ 24,327 $ 24,077 $ 3,211 $ 3,353 $ — $ — $ 27,538 $ 27,430

Inventories (Tables)

Inventories (Tables)	3 Months Ended
	Apr. 29, 2023
Inventory Disclosure [Abstract]
Schedule of Inventories	Inventories (In thousands) April 29, 2023 January 28, 2023 Wholesale finished goods $ 65,970 $ 84,209 Retail merchandise 404,793 373,808 Total Inventories $ 470,763 $ 458,017

Fair Value (Tables)

Fair Value (Tables)	3 Months Ended
	Apr. 29, 2023
Fair Value Disclosures [Abstract]
Schedule of Fair Values of Financial Instruments	The carrying amounts and fair values of our financial instruments at April 29, 2023 and January 28, 2023 are as follows: Fair Values (In thousands) April 29, 2023 January 28, 2023 Carrying Fair Carrying Fair U.S. Revolver Borrowings $ 102,944 $ 102,432 $ 30,000 $ 30,219 U.K. Revolver Borrowings 15,207 15,112 14,858 14,864 Total Long-Term Debt $ 118,151 $ 117,544 $ 44,858 $ 45,083

Earnings Per Share (Tables)

Earnings Per Share (Tables)	3 Months Ended
	Apr. 29, 2023
Earnings Per Share [Abstract]
Summary of Weighted-Average Number of Shares	Weighted-average number of shares used to calculate earnings per share are as follows: Three Months Ended (Shares in thousands) April 29, 2023 April 30, 2022 Weighted-average number of shares - basic 11,818 12,961 Common stock equivalents - 408 Weighted-average number of shares - diluted 11,818 13,369 Common stock equivalents of 239,000 shares are excluded for the three months ended April 29, 2023 due to the loss from continuing operations.

Long-Term Debt (Tables)

Long-Term Debt (Tables)	3 Months Ended
	Apr. 29, 2023
Debt Disclosure [Abstract]
Schedule of Long-Term Debt	Long-Term Debt (In thousands) April 29, 2023 January 28, 2023 U.S. revolver borrowings $ 102,944 $ 30,000 U.K. revolver borrowings 15,207 14,858 Total long-term debt 118,151 44,858 Current portion — — Total Noncurrent Portion of Long-Term Debt $ 118,151 $ 44,858

Business Segment Information (T

Business Segment Information (Tables)	3 Months Ended
	Apr. 29, 2023
Segment Reporting [Abstract]
Schedule of Business Segment Information	Three Months Ended April 29, 2023 ( In thousands) Journeys Schuh Johnston Genesco Brands Group Corporate Consolidated Sales $ 272,190 $ 93,105 $ 82,630 $ 35,864 $ — $ 483,789 Intercompany sales — — ( 3 ) ( 454 ) — ( 457 ) Net sales to external customers (1) 272,190 93,105 82,627 35,410 — 483,332 Segment operating income (loss) ( 18,362 ) ( 1,790 ) 4,806 ( 32 ) ( 7,311 ) ( 22,689 ) Asset impairments and other (2) — — — — 308 308 Operating income (loss) ( 18,362 ) ( 1,790 ) 4,806 ( 32 ) ( 7,619 ) ( 22,997 ) Other components of net periodic benefit cost — — — — 92 92 Interest expense, net — — — — 1,651 1,651 Earnings (loss) from continuing operations before income taxes $ ( 18,362 ) $ ( 1,790 ) $ 4,806 $ ( 32 ) $ ( 9,362 ) $ ( 24,740 ) Total assets (3) $ 765,064 $ 212,579 $ 187,247 $ 78,313 $ 252,109 $ 1,495,312 Depreciation and amortization 7,347 1,561 1,120 203 1,055 11,286 Capital expenditures 13,019 2,151 1,205 455 405 17,235 (1) Net sales in North America and in the United Kingdom, which includes the Republic of Ireland, accounted for 81 % and 19 % , respectively, of our net sales in the first quarter of Fiscal 2024. (2) Asset impairments and other includes a $ 0.3 million charge for asset impairments in Journeys Group. (3) Of our $ 717.1 million of long-lived assets, $ 91.2 million and $ 15.4 million relate to long-lived assets in the U.K. and Canada, respectively. Three Months Ended April 30, 2022 ( In thousands) Journeys Schuh Johnston Genesco Brands Group Corporate Consolidated Sales $ 314,445 $ 88,159 $ 71,016 $ 47,900 $ — $ 521,520 Intercompany sales — — — ( 772 ) — ( 772 ) Net sales to external customers (1) 314,445 88,159 71,016 47,128 — 520,748 Segment operating income (loss) 14,930 ( 2,746 ) 550 3,793 ( 8,564 ) 7,963 Asset impairments and other (2) — — — — ( 283 ) ( 283 ) Operating income (loss) 14,930 ( 2,746 ) 550 3,793 ( 8,281 ) 8,246 Other components of net periodic benefit cost — — — — 98 98 Interest expense, net — — — — 297 297 Earnings (loss) from continuing operations before income taxes $ 14,930 $ ( 2,746 ) $ 550 $ 3,793 $ ( 8,676 ) $ 7,851 Total assets (3) $ 766,780 $ 195,591 $ 146,914 $ 72,114 $ 367,043 $ 1,548,442 Depreciation and amortization 7,238 1,590 1,122 261 340 10,551 Capital expenditures 6,568 2,118 1,906 279 4,526 15,397 (1) Net sales in North America and in the United Kingdom, which includes the Republic of Ireland, accounted for 83 % and 17 % , respectively, of our net sales for the first quarter of Fiscal 2023. (2) Asset impairments and other includes a $ 0.7 million gain on the termination of the pension plan, partially offset by a $ 0.4 million charge for asset impairments, which includes $ 0.2 million in Journeys Group and $ 0.2 million in Schuh Group. (3) Of our $ 728.4 million of long-lived assets, $ 96.9 million and $ 23.4 million relate to long-lived assets in the U.K. and Canada, respectively.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies - Additional Information (Details) $ in Thousands	3 Months Ended
	Apr. 29, 2023 USD ($) Store Segment	Apr. 30, 2022 USD ($) Segment	Jan. 28, 2023 USD ($)
Summary of Accounting Policies [Line Items]
Number of retail stores operated by company | Store	1,396
Number of reportable business segments | Segment	4	4
Cash and cash equivalents	$ 0	$ 95,000	$ 0
Selling and administrative expenses	251,497	243,481
Advertising costs	23,600	22,100
Vendor reimbursements of cooperative advertising costs	4,700	3,200
Wholesale Costs of Distribution
Summary of Accounting Policies [Line Items]
Selling and administrative expenses	3,500	2,700
Retail Occupancy Costs
Summary of Accounting Policies [Line Items]
Selling and administrative expenses	$ 76,400	$ 78,500

Goodwill and Other Intangible_3

Goodwill and Other Intangible Assets - Summary of Changes in Carrying Amount of Goodwill by Segment (Details) $ in Thousands	3 Months Ended
	Apr. 29, 2023 USD ($)
Goodwill [Roll Forward]
Goodwill, beginning balance	$ 38,123
Effect of foreign currency exchange rates	(195)
Goodwill, ending balance	37,928
Journeys Group
Goodwill [Roll Forward]
Goodwill, beginning balance	9,662
Effect of foreign currency exchange rates	(192)
Goodwill, ending balance	9,470
Genesco Brands Group
Goodwill [Roll Forward]
Goodwill, beginning balance	28,461
Effect of foreign currency exchange rates	(3)
Goodwill, ending balance	$ 28,458

Goodwill and Other Intangible_4

Goodwill and Other Intangible Assets - Summary of Other Intangibles Assets (Details) - USD ($) $ in Thousands	Apr. 29, 2023	Jan. 28, 2023	Apr. 30, 2022
Other intangibles by major classes
Gross other intangibles	$ 31,220	$ 30,952
Accumulated amortization	(3,682)	(3,522)
Net Other Intangibles	27,538	27,430	$ 28,298
Trademarks
Other intangibles by major classes
Gross other intangibles	24,327	24,077
Accumulated amortization	0	0
Net Other Intangibles	24,327	24,077
Customer Lists
Other intangibles by major classes
Gross other intangibles	6,493	6,475
Accumulated amortization	(3,282)	(3,122)
Net Other Intangibles	3,211	3,353
Other
Other intangibles by major classes
Gross other intangibles	400	400
Accumulated amortization	(400)	(400)
Net Other Intangibles	$ 0	$ 0

Asset Impairments and Other C_2

Asset Impairments and Other Charges - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 29, 2023	[1]	Apr. 30, 2022
Restructuring Cost And Reserve [Line Items]
Asset impairments and other, net	$ (308)		$ 283	[2]
Retail Store Asset Impairments
Restructuring Cost And Reserve [Line Items]
Asset impairments and other, net			(400)
Termination Of Pension Plan
Restructuring Cost And Reserve [Line Items]
Asset impairments and other, net			$ 700
[1] Asset impairments and other includes a $ 0.3 million charge for asset impairments in Journeys Group. Asset impairments and other includes a $ 0.7 million gain on the termination of the pension plan, partially offset by a $ 0.4 million charge for asset impairments, which includes $ 0.2 million in Journeys Group and $ 0.2 million in Schuh Group.

Inventories - Schedule of Inven

Inventories - Schedule of Inventories (Details) - USD ($) $ in Thousands	Apr. 29, 2023	Jan. 28, 2023	Apr. 30, 2022
Inventories
Wholesale finished goods	$ 65,970	$ 84,209
Retail merchandise	404,793	373,808
Total Inventories	$ 470,763	$ 458,017	$ 401,479

Fair Value - Schedule of Fair V

Fair Value - Schedule of Fair Values of Financial Instruments (Details) - USD ($) $ in Thousands	Apr. 29, 2023	Jan. 28, 2023
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Carrying Amount	$ 118,151	$ 44,858
Fair Value	117,544	45,083
U.S. Revolver Borrowings
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Carrying Amount	102,944	30,000
Fair Value	102,432	30,219
U.K. Revolver Borrowings
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Carrying Amount	15,207	14,858
Fair Value	$ 15,112	$ 14,864

Fair Value - Additional Informa

Fair Value - Additional Information (Details) - USD ($) $ in Millions	Apr. 29, 2023	Apr. 30, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-lived assets	$ 717.1	$ 728.4
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-lived assets	3.2
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments held	$ 10.6

Earnings Per Share - Summary of

Earnings Per Share - Summary of Weighted-Average Number of Shares (Details) - shares shares in Thousands	3 Months Ended
	Apr. 29, 2023	Apr. 30, 2022
Earnings Per Share [Abstract]
Weighted-average number of shares - basic (in shares)	11,818	12,961
Common stock equivalents (in shares)	0	408
Weighted-average number of shares - diluted (in shares)	11,818	13,369

Earnings Per Share - Additional

Earnings Per Share - Additional Information (Details) - USD ($) $ / shares in Units, $ in Thousands	1 Months Ended	3 Months Ended
	Jun. 08, 2023	Apr. 29, 2023	Apr. 30, 2022	Jan. 29, 2022
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Common stock equivalents excluded		239,000
Stock repurchased during period (in shares)		255,000	102,895
Shares repurchased		$ 9,170	$ 6,500
Share price		$ 35.96	$ 63.17
Stock repurchase accrued amount				$ 4,800
Remaining authorized repurchase amount		$ 25,000
Forecast [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Stock repurchased during period (in shares)	197,477
Shares repurchased	$ 3,700
Share price	$ 18.51

Long-Term Debt - Schedule of Lo

Long-Term Debt - Schedule of Long-Term Debt (Details) - USD ($) $ in Thousands	Apr. 29, 2023	Jan. 28, 2023	Apr. 30, 2022
Debt Instrument [Line Items]
Total long-term debt	$ 118,151	$ 44,858
Current portion	0	0
Total Noncurrent Portion of Long-Term Debt	118,151	44,858	$ 14,712
U.S. revolver borrowings
Debt Instrument [Line Items]
Total long-term debt	102,944	30,000
U.K. revolver borrowings
Debt Instrument [Line Items]
Total long-term debt	$ 15,207	$ 14,858

Long-Term Debt - Additional Inf

Long-Term Debt - Additional Information (Details) $ in Thousands, £ in Millions, $ in Millions	3 Months Ended
	Apr. 29, 2023 USD ($)	Apr. 29, 2023 GBP (£)	Apr. 29, 2023 CAD ($)	Jan. 28, 2023 USD ($)
Debt Instrument [Line Items]
Carrying Amount	$ 118,151			$ 44,858
Long term debt description	The revolver borrowings outstanding under the Credit Facility as of April 29, 2023 included $98.9 million U.S. revolver borrowings, $15.2 million (£12.1 million) related to Genesco (UK) Limited and $4.0 million (C$5.5 million) related to Genesco Canada ULC. We were in compliance with all the relevant terms and conditions of the Credit Facility and Facility Agreement as of April 29, 2023. Excess availability under the Credit Facility was $205.3 million at April 29, 2023.
Revolving Credit Facility
Debt Instrument [Line Items]
Excess availability under credit facility	$ 205,300
Genesco (UK) Limited | Revolving Credit Facility
Debt Instrument [Line Items]
Carrying Amount	15,200	£ 12.1
Genesco Canada Ulc | Revolving Credit Facility
Debt Instrument [Line Items]
Carrying Amount	4,000		$ 5.5
U.S. Revolver Borrowings
Debt Instrument [Line Items]
Carrying Amount	102,944			$ 30,000
U.S. Revolver Borrowings | Revolving Credit Facility
Debt Instrument [Line Items]
Carrying Amount	$ 98,900

Legal Proceedings - Additional

Legal Proceedings - Additional Information (Details) - USD ($) $ in Millions	Apr. 29, 2023	Jan. 28, 2023	Apr. 30, 2022
Loss Contingencies [Line Items]
Amount related to outstanding environmental contingencies	$ 1.7	$ 1.7	$ 1.4

Commitments - Additional Inform

Commitments - Additional Information (Details) $ in Millions	Apr. 29, 2023 USD ($)
Samsung
Loss Contingencies [Line Items]
Historical cost of inventory	$ 15.9

Business Segment Information -

Business Segment Information - Schedule of Business Segment Information (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 29, 2023		Apr. 30, 2022		Jan. 28, 2023
Segment Reporting Information [Line Items]
Net sales	$ 483,332	[1]	$ 520,748	[2]
Segment operating income (loss)	(22,689)		7,963
Asset impairments and other	308	[3]	(283)	[4]
Operating income (loss)	(22,997)		8,246
Other components of net periodic benefit income cost	(92)		(98)
Interest expense, net	1,651		297
Earnings (loss) from continuing operations before income taxes	(24,740)		7,851
Total assets	1,495,312	[5]	1,548,442	[6]	$ 1,456,426
Depreciation and amortization	11,286		10,551
Capital expenditures	17,235		15,397
Journeys Group
Segment Reporting Information [Line Items]
Net sales	272,190	[1]	314,445	[2]
Schuh Group
Segment Reporting Information [Line Items]
Net sales	93,105	[1]	88,159	[2]
Johnston & Murphy Group
Segment Reporting Information [Line Items]
Net sales	82,627	[1]	71,016	[2]
Genesco Brands Group
Segment Reporting Information [Line Items]
Net sales	35,410	[1]	47,128	[2]
Operating Segments
Segment Reporting Information [Line Items]
Net sales	483,789		521,520
Operating Segments | Journeys Group
Segment Reporting Information [Line Items]
Net sales	272,190		314,445
Segment operating income (loss)	(18,362)		14,930
Asset impairments and other	0	[3]	0	[4]
Operating income (loss)	(18,362)		14,930
Other components of net periodic benefit income cost	0		0
Interest expense, net	0		0
Earnings (loss) from continuing operations before income taxes	(18,362)		14,930
Total assets	765,064	[5]	766,780	[6]
Depreciation and amortization	7,347		7,238
Capital expenditures	13,019		6,568
Operating Segments | Schuh Group
Segment Reporting Information [Line Items]
Net sales	93,105		88,159
Segment operating income (loss)	(1,790)		2,746
Asset impairments and other	0	[3]	0	[4]
Operating income (loss)	(1,790)		2,746
Other components of net periodic benefit income cost	0		0
Interest expense, net	0		0
Earnings (loss) from continuing operations before income taxes	(1,790)		2,746
Total assets	212,579	[5]	195,591	[6]
Depreciation and amortization	1,561		1,590
Capital expenditures	2,151		2,118
Operating Segments | Johnston & Murphy Group
Segment Reporting Information [Line Items]
Net sales	82,630		71,016
Segment operating income (loss)	4,806		550
Asset impairments and other	0	[3]	0	[4]
Operating income (loss)	4,806		550
Other components of net periodic benefit income cost	0		0
Interest expense, net	0		0
Earnings (loss) from continuing operations before income taxes	4,806		550
Total assets	187,247	[5]	146,914	[6]
Depreciation and amortization	1,120		1,122
Capital expenditures	1,205		1,906
Operating Segments | Genesco Brands Group
Segment Reporting Information [Line Items]
Net sales	35,864		47,900
Segment operating income (loss)	(32)		3,793
Asset impairments and other	0	[3]	0	[4]
Operating income (loss)	(32)		3,793
Other components of net periodic benefit income cost	0		0
Interest expense, net	0		0
Earnings (loss) from continuing operations before income taxes	(32)		3,793
Total assets	78,313	[5]	72,114	[6]
Depreciation and amortization	203		261
Capital expenditures	455		279
Corporate & Other
Segment Reporting Information [Line Items]
Net sales	0	[1]	0	[2]
Segment operating income (loss)	(7,311)		(8,564)
Asset impairments and other	308	[3]	(283)	[4]
Operating income (loss)	(7,619)		(8,281)
Other components of net periodic benefit income cost	(92)		98
Interest expense, net	1,651		297
Earnings (loss) from continuing operations before income taxes	(9,362)		(8,676)
Total assets	252,109	[5]	367,043	[6]
Depreciation and amortization	1,055		340
Capital expenditures	405		4,526
Intercompany Sales
Segment Reporting Information [Line Items]
Net sales	(457)		(772)
Intercompany Sales | Journeys Group
Segment Reporting Information [Line Items]
Net sales	0		0
Intercompany Sales | Schuh Group
Segment Reporting Information [Line Items]
Net sales	0		0
Intercompany Sales | Johnston & Murphy Group
Segment Reporting Information [Line Items]
Net sales	(3)		0
Intercompany Sales | Genesco Brands Group
Segment Reporting Information [Line Items]
Net sales	$ (454)		$ (772)
[1] Net sales in North America and in the United Kingdom, which includes the Republic of Ireland, accounted for 81 % and 19 % , respectively, of our net sales in the first quarter of Fiscal 2024. Net sales in North America and in the United Kingdom, which includes the Republic of Ireland, accounted for 83 % and 17 % , respectively, of our net sales for the first quarter of Fiscal 2023. Asset impairments and other includes a $ 0.3 million charge for asset impairments in Journeys Group. Asset impairments and other includes a $ 0.7 million gain on the termination of the pension plan, partially offset by a $ 0.4 million charge for asset impairments, which includes $ 0.2 million in Journeys Group and $ 0.2 million in Schuh Group. Of our $ 717.1 million of long-lived assets, $ 91.2 million and $ 15.4 million relate to long-lived assets in the U.K. and Canada, respectively. Of our $ 728.4 million of long-lived assets, $ 96.9 million and $ 23.4 million relate to long-lived assets in the U.K. and Canada, respectively.

Business Segment Information _2

Business Segment Information - Schedule of Business Segment Information (Parenthetical) (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 29, 2023		Apr. 30, 2022
Segment Reporting Information [Line Items]
Asset impairments and other, net	$ 308	[1]	$ (283)	[2]
Long-lived assets	717,100		728,400
U.K.
Segment Reporting Information [Line Items]
Long-lived assets	91,200		96,900
Canada
Segment Reporting Information [Line Items]
Long-lived assets	$ 15,400		$ 23,400
GeographicConcentrationRiskMember | SalesRevenueNetMember | U.K.
Segment Reporting Information [Line Items]
ConcentrationRiskPercentage1	19%		17%
GeographicConcentrationRiskMember | SalesRevenueNetMember | NorthAmerica
Segment Reporting Information [Line Items]
ConcentrationRiskPercentage1	81%		83%
Retail Store Asset Impairments
Segment Reporting Information [Line Items]
Asset impairments and other, net			$ 400
Retail Store Asset Impairments | Journeys Group
Segment Reporting Information [Line Items]
Asset impairments and other, net	$ (300)		(200)
Retail Store Asset Impairments | Schuh Group
Segment Reporting Information [Line Items]
Asset impairments and other, net			(200)
Gain on the Termination of the Pension Plan
Segment Reporting Information [Line Items]
Asset impairments and other, net			$ (700)
[1] Asset impairments and other includes a $ 0.3 million charge for asset impairments in Journeys Group. Asset impairments and other includes a $ 0.7 million gain on the termination of the pension plan, partially offset by a $ 0.4 million charge for asset impairments, which includes $ 0.2 million in Journeys Group and $ 0.2 million in Schuh Group.