Genesco's Athletic Shift Is Mostly Empty Calories

Group 1 - Genesco Inc. reported Q1 '26 earnings results, indicating a mixed quarter performance [1] - Journeys showed good comparable sales, but gross profit did not increase due to rising footwear prices [1] Group 2 - The investment approach focuses on operational aspects and long-term earnings potential rather than market-driven dynamics [1] - The strategy emphasizes holding companies for the long term, with a small fraction being considered for buy recommendations [1]