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Journeys Underperformance Hampered Genesco (GCO) in Q2; Piper Affirms at 'Neutral'

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Genesco (GCO) Tops Q2 EPS by 7c; Comps Show Surprise Drop; FY16 EPS Outlook Cut

September 1, 2016 6:51 AM EDT

Genesco (NYSE: GCO) reported Q2 EPS of $0.34, $0.07 better than the analyst estimate of $0.27. Revenue for the quarter came in at $625.6 million versus the consensus estimate of $642.53 million.

Comps fell 1 percent, versus expectations of a 1 percent... More