Genesco's (GCO) Same Store Sales Down 4%; SSS Guidance

Genesco Inc. (NYSE: GCO) announced that same store sales for the quarter-to-date period ended January 10, 2009, were down 4%.

Genesco said that same store sales were stronger during the last three weeks of the quarter-to-date period than previously in the quarter. If this trend continues for the balance of the quarter, the Company expects to achieve the lower end of its previously announced same store sales target range of -1% to -4% for the quarter.

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Genesco Inc., a Nashville-based specialty retailer, sells footwear, headwear and accessories in more than 2,225 retail stores

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