Genesco, Inc. (GCO) Tops Q3 EPS by 5c; Comps Down 1%; Lowers Outlook

Genesco, Inc. (NYSE: GCO) reported Q3 EPS of $1.43, $0.05 better than the analyst estimate of $1.38. Revenue for the quarter came in at $666.3 million versus the consensus estimate of $662.57 million.

Comparable store sales in the third quarter of Fiscal 2014 decreased by 1% for the Company, with a 5% increase in the Lids Sports Group, a 2% decrease in the Journeys Group, a 10% decrease in the Schuh Group, and a 7% increase in the Johnston & Murphy Group.

The company now sees FY14 adjusted diluted earnings per share to be in the range of $5.10 to $5.20, versus expectations calling for EPS of $5.20.

For earnings history and earnings-related data on Genesco, Inc. (GCO) click here.

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
• Alphabet slides over 6% as AI brain drain and SpaceX slump converge
• AeroVironment restates quarterly financials, citing $89M goodwill error