Genesco, Inc. (GCO) Misses Q2 EPS Views; Cuts FY15 EPS Outlook

Genesco, Inc. (NYSE: GCO) reported Q2 EPS of $0.34, $0.21 worse than the analyst estimate of $0.55. Revenue for the quarter came in at $615 million versus the consensus estimate of $613.94 million.

Consolidated second quarter 2015 comparable sales, including same store sales and comparable e-commerce and catalog sales, increased 2%, with a 5% increase in the Journeys Group, a 2% decrease in the Lids Sports Group, a 1% increase in the Schuh Group, and a 2% increase in the Johnston & Murphy Group.

Genesco sees FY2015 EPS of $5.10 - $5.20, versus prior guidance of $5.40 - $5.55 and the consensus of $5.47.

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

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