Genesco (GCO) Misses Street's Q3 Earnings; Comps Rose 2%; Guides Q4
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Genesco Inc. (NYSE: GCO) reports Q3 adjusted-EPS of $0.39, 8 cents lower than the analyst estimate of $0.47. Revenue for the quarter was $390 million, versus the consensus of $394.28 million.
Comparable store sales for the Company increased 2%.
Sees Q4 same store sales down 1-4%. Sees Q4 EPS $1.06-$1.20, versus the consensus of $1.16.
Genesco, Inc. engages in the retail of footwear, and licensed and branded headwear; and the wholesale of footwear primarily in the United States.
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