Genesco: Fiscal 2Q Earnings Snapshot
NASHVILLE, Tenn. (AP) _ Genesco Inc. (GCO) on Friday reported fiscal second-quarter net income of $577,000, after reporting a loss in the same period a year earlier.
On a per-share basis, the Nashville, Tennessee-based company said it had profit of 4 cents. Earnings, adjusted for non-recurring costs and pretax expenses, came to 15 cents per share.
The seller of footwear, hats, clothing and accessories posted revenue of $486.6 million in the period.
Genesco expects full-year earnings in the range of $3.80 to $4.20 per share.
Genesco shares have dropped 20% since the beginning of the year. The stock has dropped 26% in the last 12 months.