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Genesco: Fiscal 2Q Earnings Snapshot

September 6, 2019

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.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GCO at https://www.zacks.com/ap/GCO

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